Updated Jan 15, 2026
Multifamily Property At 1453 North Talman Avenue Sold For $1.21M In Chicago's Wicker Park
1453 North Talman Avenue
$1,210,000
Units
4
Asset Type
MultiFamily
Closing
Jan 15, 2026
About this deal
AI
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.
On the Map
$1,210,000
MultiFamily
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Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.11%
Cash-on-Cash
-3.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93