Skip main navigation
Closed
  • $430,000

    1614 S Karlov Ave, Chicago, IL 60623

    10beds
    --sqft
    Multi Family
    Built in 1971
    -- sqft lot
    $502,000 Zestimate®
    $--/sqft
    $1,643 Estimated rent

    Home value

    $502,000

    $457,000 - $547,000

    $1,643/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $1,643/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,643/mo

    Rent Zestimate®

    Refinance and save

    $3,053/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $3,053/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Welcome to 1614 Karlov, a rare gem nestled in the heart of North Lawndale. This brick building stands tall, boasting a legal 2-flat structure with an additional 2 garden units, making it a standout in the area. With two units featuring 4 bedrooms and 2 baths each, this property offers ample space for comfortable living, whether for larger families or savvy investors seeking high rental yields. The two additional garden units, each with 1 bed and 1 bath, provide versatile living options and further contribute to the property's appeal. Already generating substantial income with three units rented, this property presents an enticing opportunity for investors looking to expand their portfolio. The vacant unit offers flexibility, catering to both first-time homebuyers eager to live in one unit while generating rental income from the others, or investors looking to maximize returns immediately. Each unit is equipped with separate utilities, furnaces, and hot water tanks, ensuring convenience and independence for tenants and minimizing maintenance concerns. Additionally, the option for laundry facilities at the rear of the building adds further convenience for tenants and potential for additional income streams. Don't miss out on this exceptional investment opportunity.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dan Ortiz 630-439-5569,

    Baird & Warner

    Bought with:

    Aldo DeMartinez

    Kale Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12047135MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 6
    • Full bathrooms: 6
    Heating
    • Natural Gas, Forced Air
    Features
    • Basement: None

    Property

    Parking
    • Total spaces: 2
    • Parking features: On Site, Owned
    Lot
    • Size: 6,098 Square Feet
    Details
    • Parcel number: 16224050460000
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1971

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan, Public

    Community & HOA

    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $260,000
    • Annual tax amount: $2,064
    • Date on market: 5/16/2024
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    7/1/2024Sold$430,000-4.4%
    Source: MRED as distributed by MLS GRID #12047135 Report a problem
    5/24/2024Contingent$449,995
    Source: MRED as distributed by MLS GRID #12047135 Report a problem
    5/16/2024Listed for sale$449,995+4.9%
    Source: MRED as distributed by MLS GRID #12047135 Report a problem
    4/20/2024Listing removed--
    Source: MRED as distributed by MLS GRID #11974952 Report a problem
    3/1/2024Listed for sale$429,000
    Source: MRED as distributed by MLS GRID #11974952 Report a problem
    2/19/2024Contingent$429,000
    Source: MRED as distributed by MLS GRID #11974952 Report a problem
    2/6/2024Listed for sale$429,000
    Source: MRED as distributed by MLS GRID #11974952 Report a problem
    12/11/2023Listing removed--
    Source: MRED as distributed by MLS GRID #11931165 Report a problem
    11/20/2023Listed for sale$429,000+1379.3%
    Source: MRED as distributed by MLS GRID #11931165 Report a problem
    6/18/2018Listing removed$29,000-27.5%
    Source: Area Wide Realty #09749878 Report a problem
    12/13/2017Sold$40,000+158%
    Source: Public Record Report a problem
    10/30/2017Sold$15,505-46.5%
    Source: MRED as distributed by MLS GRID #09749878 Report a problem
    9/11/2017Listed for sale$29,000-58.6%
    Source: Area Wide Realty #P111OVC Report a problem
    4/6/1995Sold$70,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $26,000 +160%
    2023$2,117 +2.6%$10,001
    2022$2,064 +2.3%$10,001
    2021$2,018 -40.7%$10,001 -34.3%
    2020$3,402 -3.5%$15,220 -13%
    2019$3,527 +1.7%$17,495
    2018$3,467 +26%$17,495 +8.6%
    2017$2,751 +0.9%$16,112
    2016$2,727 +10.3%$16,112
    2015$2,472 -21%$16,112 -17.1%
    2014$3,128 +2.4%$19,425
    2013$3,055 +0.5%$19,425
    2012$3,038 -28.2%$19,425 -35.6%
    2011$4,231 +161.4%$30,152
    2010$1,619 -57.1%$30,152
    2009$3,776 +24.5%$30,152 +8.2%
    2008$3,033 +14.1%$27,855
    2007$2,658 +41.5%$27,855
    2006$1,878 +19%$27,855 +64.1%
    2005$1,578 +5.9%$16,976
    2004$1,490 +6.4%$16,976
    2003$1,400 +0.7%$16,976 +77.6%
    2002$1,390 +6.5%$9,561
    2001$1,305 +48.2%$9,561
    2000$881 -30.8%$9,561 +45.2%
    1999$1,273 $6,584
    Find assessor info on the county website

    Neighborhood: Lawndale

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $502,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $502,000