1622 S Karlov Ave

Chicago, IL 60623
  • $480,000

    Price
  • 8

    Bed
  • 3

    Bath
  • 0

    SqFt

About the Listing 84674 - 890739

Fantastic opportunity to own a 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 4-car parking slab in the rear, and one unit is currently vacant, allowing the new owner to set market rents immediately or move right in. The other two units are tenant-occupied, providing immediate rental income. 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.

Listing Highlights

Status Active
Days on Site 6
Property Type Multi-Family
MLS ® 12741619
Year Built 1908
Total Square Footage 0
Lot/Acreage 25X130
County Cook
School District 299

Interior Details

  • Bedrooms: 8
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond:
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Finished,Full
  • Other:
  • Water: Lake Michigan

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 4
  • Lot Dimensions: 25X130
  • Zoning: MULTI
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Yes,Owned

Financial Details

  • Tax Amount: $3,630
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 16224050320000
  • Tax Year: 2024

Payment Calculator

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Questions About..

1622 S Karlov Ave Chicago, IL 60623

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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