1622 S Karlov AVE, Chicago, IL 60623
1622 S Karlov AVE, Chicago, IL 60623
1622 S Karlov AVE, Chicago, IL 60623
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$490,000
Est. payment /mo
8 Beds
3 Baths
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12707342

Bedrooms 8

Year Built 1908

Annual Tax Amount $3,629

Tax Year 2024

Lot Dimensions 25X130

Property Sub-Type Two to Four Units

Property Description

Fantastic opportunity to own a fully vacant, move-in-ready 3-unit building in the heart of North Lawndale! Whether you're an investor looking to maximize rental income or an owner-occupant seeking additional income potential, this property offers incredible flexibility and long-term value. Unit 1 features 2 bedrooms and 1 bathroom, while Units 2 and 3 each offer spacious 3-bedroom, 1-bath layouts with bright living spaces and functional floor plans. The property also includes a convenient coin-operated laundry area, a 2-car parking slab in the rear, and all units are vacant, allowing the new owner to set market rents immediately or move right in. Conveniently located near schools, parks, shopping, restaurants, public transportation, and major expressways, this is an excellent opportunity to add a turnkey multi-unit property to your portfolio.

Location

State IL

County Cook

Area Chi - North Lawndale

Zoning MULTI

Rooms

Basement Finished, Full

Interior

Heating Forced Air

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None


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Midwest Real Estate Data (MRED) IDX
Listed by John Klick of  eXp Realty 

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Lauren Linder

Lauren Linder

+1(630) 290-6115

Agent | License ID: 475168709

Agent License ID: 475168709

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