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Multifamily Property At 1453 North Talman Avenue Sold For $1.21M In Chicago's Wicker Park

Property Image
SOLD
$1,210,000
Jacob Goldstein
Jordan Multack
Alexander Tychalski

Illinois

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MultiFamily
Sold 01/15/2026
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Property Image
SOLD

Multifamily Property At 1453 North Talman Avenue Sold For $1.21M In Chicago's Wicker Park

1453 North Talman Avenue

See Similar Deals
MultiFamily
Sold 01/15/2026
Jacob Goldstein
Jordan Multack
Alexander Tychalski
the dealplayerscompscontact
Contact now

Summary

ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale

The property involved in this transaction is a multifamily asset located at 1453 North Talman Avenue in the Chicago market. The sale price was $1,210,000, and the property features four units with oversized layouts, indicative of its mid-1990s design. The price per unit was approximately $302,500.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,210,000
  • Units: 4
  • Price per Unit: $302,500
  • Address: 1453 North Talman Avenue
  • Market: Chicago

The transaction was represented by brokers Jacob Goldstein, Jordan Multack, and Alexander Tychalski from Greenstone Partners. This closed deal occurred within a 35-day timeframe and involved a repeat buyer interested in potential unit modernization and the addition of an accessory dwelling unit (ADU), reflecting ongoing interest in Chicago's Wicker Park multifamily market.

Players

Jacob Goldstein
Greenstone Partners
Jacob Goldstein
20 deals$46.6M volume(847) 385-8181
BROKER
Jordan Multack
Greenstone Partners
Jordan Multack
47 deals$189.9M volume
BROKER
Alexander Tychalski
Greenstone Partners
Alexander Tychalski
3 deals$7.7M volume(224) 636-2539
BROKER

Details

SOLD
IMAGE: Alexander Tychalski, Jordan Multack & Jacob Goldstein DATE: 01/15/2026 ADDRESS: 1453 North Talman Avenue MARKET: Chicago ASSET TYPE: Multifamily BROKERS: Jacob Goldstein (@J3tinvestments), Jordan Multack (@Tackness) & Alexander Tychalski - Greenstone Partners (@GreenstonePartners) SALE PRICE: $1,210,000 UNITS: 4 ~ PPU: $302,500 NOTE: vGreenstone Partners sold 1453 N. Talman, a mid-1990s multifamily property in Chicago’s Wicker Park, featuring four units with oversized layouts, to a repeat buyer in a 35-day transaction.The buyer sees value-add potential through unit modernization and an additional ADU, signaling continued investor interest in Chicago’s Wicker Park multifamily market.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$64,533.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,298.89
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,736.02
Annual Debt Service$68,832.21