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1622 S Karlov Avenue
Chicago IL 60623 US

$490,000

Active Listing ID 12707342
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8 bed
bath icon
3.00 Bath (3 Full)
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Other

$490,000

Active Listing ID 12707342
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1622 S Karlov Avenue 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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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 3
  • Heating Fuels: Forced Air
  • Additional Features
  • Basement

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 490000
  • unparsedaddress: 1622 S Karlov Avenue
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60623
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.858063
  • longitude: -87.727732
  • listagentfullname: John Klick
  • listagentemail: john@oneklickaway.com
  • listagentkey: 3yd-MREDIL-890739
  • listagentmlsid: 890739
  • listagentpreferredphone: (888) 574-9405
  • listagentofficephone: 7732214330
  • listofficekey: 3yd-MREDIL-87488
  • listofficemlsid: 87488
  • disclaimer: Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1908
  • listingcontractdate: 2026-07-16
  • listagenturl: https://exprealty.com/
  • countyorparish: Cook
  • parcelnumber: 16224050320000
  • elementaryschooldistrict: 299
  • middleorjuniorschooldistrict: 299
  • highschooldistrict: 299
  • constructionmaterials: Brick
  • heating: Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 2
  • parkingfeatures: Owned
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 3, Bedroom 7, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 5, Bedroom 1, Bedroom 2, Bedroom 6, Basement, Bedroom 8, Bathroom 1
  • basement: Finished, Full
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -87.72773, 41.858063
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"eXp Realty, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"john@oneklickaway.com", "ListBrokerageCity":"Chicago", "ListBrokerageCountry":"US", "ListBrokerageEmail":"il.broker@expreatly.net", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MREDIL/a3021210a6cb11e290dc1231390c3dc2/20241220182434696.png", "ListBrokerageName":"eXp Realty, LLC", "ListBrokeragePhone":"(888) 574-9405", "ListBrokeragePostalCode":"60642", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":"#750", "ListBrokerageUnparsedAddress":"939 W North Ave", "ListBrokerageWebsiteUrl":"https://exprealty.com/", "ListOfficeAddress1":"939 W. North Ave. ", "ListOfficeAddress2":"#750", "ListOfficeBrokerMlsId":"87488", "ListOfficeCity":"Chicago", "ListOfficeCountry":"US", "ListOfficeEmail":"il.broker@expreatly.net", "ListOfficePostalCode":"60642", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Chicago, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1622-S-Karlov-Ave_Chicago_IL_60623_M70564-96948?f=listhub&s=MREDIL&m=12707342&c=rexren", "MLSModificationTimestamp":"2026-07-16 18:21:05", "Neighborhoods":[{"Description":null, "Name":"CHI - North Lawndale"}], "PostalCode":null, "RoomCount":15, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":3630, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/16/2026 6:28:22 PM GMT
Source Updated Date: 7/24/2026 12:47:26 AM GMT

Courtesy of: John Klick, eXp Realty, john@oneklickaway.com

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.