1622 S Karlov Avenue, Chicago, IL

$470,000

Previous Next

8

Beds

About 1622 S Karlov Avenue

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!

Features of 1622 S Karlov Avenue

MLS® # 12741619
Price $470,000
Bedrooms 8
Bathrooms 0.00
Year Built 1908
Type Residential Income
Sub-Type Two to Four Units
Status Active

Community Information

Address 1622 S Karlov Avenue
Area CHI - North Lawndale
City Chicago
County Cook
State IL
Zip Code 60623

Amenities

Parking Spaces 4
Parking Yes, Owned
Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Fireplace No
Has Basement Yes
Basement Finished, Full

Exterior

Exterior Brick

School Information

District 299

Additional Information

Days on Market 33
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficePearson Realty Group

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?