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

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.