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1457 N Talman Avenue, Chicago, IL

$950,000

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0.14

Acres

About 1457 N Talman Avenue

By-right 8-unit conversion of a striking historic 1892 masonry church in East Humboldt Park. RM-5 zoned, full plans by SPACE Architects, permit pending - move straight into construction at closing. Arched windows, decorative brick corbelling, and a soaring street-facing tower give the 3,000 SF shell a presence new construction can't replicate. Architectural plans call for 6,000 SF net rentable across four (4) one-bed simplex + four (4) two-bed duplex-up units (two 2bd/2ba & two 2bd/1ba), plus addition of 4 surface parking spaces, 8 bicycle spaces, and exterior terraces for select units. Steps from North, Western & Division, near Paseo Boricua's restaurants and shops. Pro forma 7.07 cap rate, 9.69 GRM. Currently vacant.

Features of 1457 N Talman Avenue

MLS® # 12724801
Price $950,000
Bathrooms 0.00
Acres 0.14
Year Built 1892
Type Commercial Sale
Sub-Type Multi Family 5+
Status Contingent

Community Information

Address 1457 N Talman Avenue
Area CHI - West Town
City Chicago
County Cook
State IL
Zip Code 60622

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling None
Fireplace No
Has Basement No

Exterior

Exterior Brick
Roof Composition
Foundation Brick/Mortar

Additional Information

Days on Market 13
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeTriton Realty Group LLC

Listing Map

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Listing information last updated on September 22nd, 2026 at 4:22am CDT.