$490,000

1622 S Karlov Avenue, Chicago, IL 60623

8 beds |
3 baths

Multi-Family Home
Built in 1908
—— sqft lot
—— car garage
$——/sqft
Listed ——

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.

Listing Status:: Active
Data Last Updated:: July 24, 2026 at 7:18AM
Listing Office:: eXp Realty : 773-221-4330
Listing Agent:: John Klick : 773-221-4330
MLS ID:: 12707342

Basement: FinishedFull
Heating: Forced Air

Parking: YesOwnedParking spaces: 2

Originating MLS: mred
School District: 299
County: Cook

Zoning: MULTI16224050320000

Water: Lake Michigan
Sewer: Public Sewer

Source: mred
Ownership: Fee Simple

This listing courtesy of John Klick , eXp Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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