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$397,500 Contingent

  • For Sale
  • Contingent
  • Multi-Family
  • 9 Total Beds
  • 2 Car Garage
See This Home
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Beautiful 2 legal unit Brick building with a basement in-law and a brick 2 car garage. 3 Brms ,1 bath on the 3 levels with separate heating and electric. OVERSIZED LOT. Building in good condition. Formal dinning and living room. Newer walk way, roof, windows and plumbing.3 electrical boxes and 3 gas meters. Excellent opportunity for an investor or live in buyer. Average rental for 3 brms in the area is $1,800. Powerful opportunity for any buyer. 1st and 2nd floor vacant and ready to move in. Currently owner generates $1,000 from in-law. !!IT WILL NOT LAST!!

Full Property Details for 6551 S Talman Ave

General

  • Price: $397,500
  • Taxes: $2,903 (2023)
  • Status: Contingent
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12670806
  • Updated: 6/14/2026
  • Added to Site: 26 day(s) ago

Interior

  • Basement: Finished, F

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Upper - Full Baths: 3

Bedrooms

  • Total Bedrooms: 9

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Yes, Garage Owned, Detached, Garage

Location

  • Area: CHI - Chicago Lawn
  • County: Cook
  • Township: Lake
  • Driving Directions: WESTERN AVE TO 65TH ST WEST TO ADDRESS

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Heating & Cooling

  • Heating Type: Natural Gas, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Finished, Full
  • Year Built: 1923
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size Range: Oversized Chicago Lot
  • Lot Dimensions: 50 x 125
  • Zoning: OTHER

Financial Considerations

  • Assessment Year: 1923
  • Tax Amount: $2,903
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 19242190160000

Listed by Angels Financial Real Estate Corp

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— 6551 S Talman Ave —

  • Angels Financial Real Estate Corp

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 6551 S Talman Ave

School District:Chicago Public School District 299
NameGradesDistance
Marquette Elementary School, Chicago, IL
6550 South Richmond Street, Chicago, IL 60629
PK-80.4 mi
Gage Park High School
5630 South Rockwell Street, Chicago, IL 60629
9-121.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 6551 S Talman Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/09/2026
Listed
$397,500
140.91%
MLS
10/14/2016
Sold
$165,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 6551 S Talman Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,903
—
$22,001
29%
2023
$2,903
3%
$17,000
—
2022
$2,809
2%
$17,000
—
2021
$2,749
27%
$17,000
33%
2020
$2,167
-27%
$12,769
-14%
2018
$2,952
-2%
$14,848
—
2019
$3,002
-26%
$14,848
-21%
2017
$4,070
8%
$18,781
—
2016
$3,786
9%
$18,781
—
2015
$3,467
22%
$18,781
6%
2014
$2,833
2%
$17,718
—
2013
$2,766
—
$17,718
—
2012
$2,754
—
$17,718
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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6551 S Talman Avenue, Chicago, IL 60629 (MLS# 12670806) is a Multi-Family property with 2 units containing 9 bedrooms and 0 full bathrooms. 6551 S Talman Avenue is currently listed for $397,500 and was received on June 09, 2026. Want to learn more about 6551 S Talman Avenue? Do you have questions about finding other Multi-Family real estate for sale in Chicago Lawn? You can browse all Chicago Lawn real estate or contact a Coldwell Banker agent to request more information.

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