1622 S Karlov Avenue, Chicago, IL 60623

Chicago
Local realty services provided by:ERA Partners
1622 S Karlov Avenue,Chicago, IL 60623
$470,000
  • 8 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: john klick
Office: pearson realty group
MLS#:12741619
Source:MLSNI

Price summary

  • Price:$470,000

About this home

Fantastic opportunity to own a fully occupied 3-unit building in the heart of North Lawndale! This investor-friendly property offers three income-producing units, providing an excellent opportunity for an investor looking to expand their rental portfolio. 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. All three units are currently rented, providing immediate rental income from day one. The property also features a convenient coin-operated laundry area and a 4-car parking slab in the rear. With all units occupied, this property offers a strong opportunity for an investor seeking an income-producing multi-unit property without the need to fill vacant units. Conveniently located near schools, parks, shopping, restaurants, public transportation, and major expressways. Add this income-producing 3-unit property to your portfolio today!

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Home facts

  • Year built:1908
  • Listing ID #:12741619
  • Updated:September 30, 2026 at 01:28 PM

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:$470,000
  • Tax amount:$3,630 (2024)

Parking

  • Total parking spaces:4
MLS LogoCopyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed. MLSNI Member Broker: Frank Scibior

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