Fantastic opportunity to own a 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 4-car parking slab in the rear, and one unit is currently vacant, allowing the new owner to set market rents immediately or move right in. The other two units are tenant-occupied, providing immediate rental income. 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.
Price change
$470,000
1622 S Karlov Ave, Chicago, IL 60623
8beds
--sqft
Multi Family
Built in 1908
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Bright living spacesFunctional floor plansConvenient coin-operated laundry area
- --
- 196
- views
- 18
- saves
Zillow last checked:
Listing updated:
Listed by:
John Klick 773-325-2800,
Pearson Realty Group
Source: MRED as distributed by MLS GRID,MLS#: 12741619
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air
Features
- Basement: Finished,Full
Property
Parking
- Total spaces: 4
- Parking features: Yes, Owned
Lot
- Size: 3,250 Square Feet
- Dimensions: 25X130
Details
- Parcel number: 16224050320000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1908
- Major remodel year: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Annual tax amount: $3,629
- Date on market: 8/24/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/24/2026 | Listing removed | $480,000 |
Source: eXp Realty #12707342 Report a problem | ||
| 7/27/2026 | Price change | $480,000-2% |
Source: | ||
| 7/16/2026 | Listed for sale | $490,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Find assessor info on the county website
Monthly payment
Est. payment






