5806 South Talman, Chicago IL 60629
$169,900

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Property Description

Located in sought after Gage Park, this is a rare two unit property which offers an unlimited amount of upside and potential. The building offers a unit on the main level that features a spacious kitchen, two bedrooms along with a large living room! The second level is the more spacious of the two units with a larger living room along with a formal dining room. This unit offers three bedrooms, one bath. This building needs updates but has unlimited potential, can be used as the current use of a multi unit while creating passive cash flow in each unit, another option is to convert to a single family residence while building equity or live in one unit and rent out the other! Rarely do you find a multi unit in Gage Park under $200K this building will not last at this price basis and should not be overlooked!

Features & Information

Key Details

  • List Price $169,900
  • Property Taxes $2,054
  • Price/ Sq. Ft. Unavailable
  • Year Built 1908
  • Parking Type Garage
  • Status New

Rooms

  • Total Rooms 11
  • Basement F

Exterior Features

  • Parking

  • Parking Details Garage
  • # of Cars:  2

Building Information

  • Number of Units 2
  • Age of Building 100+ Years
  • Exterior Construction Frame
  • Heating & Cooling Gas
  • Units

  • Unit 1 None
  • Unit 2 None

Location

  • County Cook
  • Township South Chicago
  • Corporate Limits Chicago
  • Directions to Property Head North On S Talman Ave From 6930 Toward 5806.
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 2054
  • Tax Year 2023
  • Parcel Identification Number 19132220180000

Utilities

  • Sewer Sewer-Publ

Listed by Ryan Smith for RE/MAX Premier | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 8/31/2025 4:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore Gage Park

Named after the largest park within its boundaries, Gage Park boasts a vibrant mix of classic character and history. From its charming bungalows to its Irish Catholic and Eastern European heritage, Gage Park embodies the true multicultural spirit of Chicago's neighborhood network. Expanding its diversity in both residential population and culinary options, Gage Park is packed with a variety of restaurants that are sure to please the taste buds, especially if you're hungry for tamales or tacos. Gage Park has a solid roster of Latin American-influenced eateries, seasoned with a pizzeria and traditional Chicago hot dog stand here and there.

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