1622 S Karlov Avenue, Chicago, IL 60623
Local realty services provided by:Better Homes and Gardens Real Estate Connections
1622 S Karlov Avenue,Chicago, IL 60623
$480,000
- 8 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: john klick
Office: exp realty
MLS#:12707342
Source:MLSNI
Price summary
- Price:$480,000
About this home
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.
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Home facts
- Year built:1908
- Listing ID #:12707342
- Updated:August 06, 2026 at 11:11 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:15
- Basement Description:Finished, Full
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1908
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$480,000
- Tax amount:$3,630 (2024)
Parking
- Total parking spaces:2
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