Skip main navigation
Price change
  • $470,000

    1622 S Karlov Ave, Chicago, IL 60623

    8beds
    --sqft
    : 
    $3,571/mo
    Get pre-qualified
    Multi Family
    Built in 1908
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Bright living spacesFunctional floor plansConvenient coin-operated laundry area
    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.
    --
    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#: 12741619MLS Logo

      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

        DateEventPrice
        8/24/2026Listing removed$480,000
        Source: eXp Realty #12707342 Report a problem
        7/27/2026Price change$480,000-2%
        Source: MRED as distributed by MLS GRID #12707342 Report a problem
        7/16/2026Listed for sale$490,000
        Source: MRED as distributed by MLS GRID #12707342 Report a problem

        Public tax history

        Tax history is unavailable.
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Lawndale

        Getting around

        70 / 100
        Somewhat Walkable
        65 / 100
        Good Transit
        56 / 100
        Bikeable

        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.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts