Contact us: 563.441.1776
Description
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.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Sqft: 3,000
County: Cook
Listed By:
Triton Realty Group LLC
312-788-9379
MRED MLS
MLS ID: 12724801
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1457 N Talman Avenue, Chicago, IL 60622.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $950,000 | $950,000 | $950,000 |
| Down Payment | $190,000 | $33,250 | $237,500 |
| Monthly Mortgage Amount | $5,056 | $6,050 | $6,207 |
| Taxes | $1322 | $1322 | $1322 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $570 | $0 |
| Monthly Estimated Total | $6,655 | $8,219 | $7,806 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/29/2026. The listing information on this page last changed on 09/29/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 09/29/2026 12:15:39 AM EST) or MRED MLS (last updated Tue 09/29/2026 12:09:07 AM EST) or SCWMLS (last updated Mon 09/28/2026 11:55:04 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Mon 09/28/2026 10:16:20 PM EST) or Cedar Rapids MLS (last updated Mon 09/28/2026 10:44:22 PM EST) or NEIRBR MLS (last updated Tue 09/29/2026 12:08:41 AM EST) or ICAAR MLS (last updated Mon 09/28/2026 11:37:37 PM EST) or ECIMLS (last updated Mon 09/28/2026 11:44:33 PM EST) or RMLSA (last updated Tue 09/29/2026 12:10:57 AM EST) or Muscatine MLS (last updated Tue 09/29/2026 12:00:09 AM EST) or No Coast MLS (last updated Tue 09/29/2026 12:14:20 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Based on information submitted to the MLS GRID. 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.
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