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1622 S Karlov Avenue , Chicago, IL 60623

$490,000
  • 1622 S Karlov Avenue , Chicago, IL 60623 Main Photo

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New to the Market New
BEDS8 BATHS3 full MLS#12707342
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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.

1622 S Karlov Avenue | MLS# 12707342

This multi-family property located at 1622 S Karlov Avenue , Chicago, IL 60623 is currently listed for sale with an asking price of $490,000. S Karlov Avenue is located within the District 299 school district. Search Chicago real estate on www.mycrr.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full
Heating: Forced Air
Lot Size: 0.07 Acres
Taxes: $3,629
Year Built: 1908

Feature Descriptions

Exterior: Brick
Lot Dimensions: 25X130
Parcel#: 16224050320000
Parking: Yes, Owned
Sewer: Public Sewer
Total Rooms: 15
Township: West Chicago
Water: Lake Michigan

Local Schools

School District: District 299

Listed By / Shown By

Listed By

Agency Name: eXp Realty
Agency Phone: 888-574-9405

Shown By

Agency Title: Charles Rutenberg Realty
Agency Phone: 630-929-1100

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Estimate Your Payment

Estimated Payment

$ 2,923.04 per month $2,477.71 Principal & Interest $302.42 Property Tax $142.92 Homeowner's Insurance

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