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.
Active
$490,000
1622 S Karlov Ave, Chicago, IL 60623
8beds
--sqft
:
Get pre-qualified$3,690/mo
Multi Family
Built in 1908
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Bright living spacesFunctional floor plansConvenient coin-operated laundry area
- --
- on Zillow |
- 161
- views |
- 10
- saves |
Zillow last checked:
Listing updated:
Listed by:
John Klick (773)221-4330,
eXp Realty
Source: MRED as distributed by MLS GRID,MLS#: 12707342
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air
Features
- Basement: Finished,Full
Property
Parking
- Total spaces: 2
- 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
- Tax assessed value: $180,010
- Annual tax amount: $3,629
- Date on market: 7/16/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2026 | Listed for sale | $490,000+172.2% |
Source: eXp Realty #12707342 Report a problem | ||
| 12/6/2023 | Sold | $180,000-9.5% |
Source:  MRED as distributed by MLS GRID #11860843 Report a problem | ||
| 11/8/2023 | Pending sale | $199,000 |
Source: MRED as distributed by MLS GRID #11860843 Report a problem | ||
| 9/3/2023 | Price change | $199,000-9.1% |
Source: MRED as distributed by MLS GRID #11860843 Report a problem | ||
| 8/15/2023 | Listed for sale | $219,000+1151.4% |
Source: MRED as distributed by MLS GRID #11860843 Report a problem | ||
| 3/17/2009 | Sold | $17,500-95% |
Source: MRED as distributed by MLS GRID #07086201 Report a problem | ||
| 9/12/2006 | Sold | $350,000+6.1% |
Source: Public Record Report a problem | ||
| 11/28/2005 | Sold | $330,000+64.2% |
Source: Public Record Report a problem | ||
| 7/12/2004 | Sold | $201,000+1335.7% |
Source: Public Record Report a problem | ||
| 3/23/1995 | Sold | $14,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,630 +71.5% | $18,001 +80% |
| 2023 | $2,117 +2.6% | $9,999 |
| 2022 | $2,064 +2.3% | $9,999 |
| 2021 | $2,017 -19.3% | $9,999 -10.6% |
| 2020 | $2,501 -3.5% | $11,188 -13% |
| 2019 | $2,592 +1.7% | $12,860 |
| 2018 | $2,549 -14.9% | $12,860 -7.2% |
| 2017 | $2,994 -13.8% | $13,860 -20.1% |
| 2016 | $3,475 +9.3% | $17,349 |
| 2015 | $3,179 +23.1% | $17,349 +24.6% |
| 2014 | $2,583 +2% | $13,923 |
| 2013 | $2,532 -11.1% | $13,923 -12.3% |
| 2012 | $2,849 -4.7% | $15,875 -14% |
| 2011 | $2,990 -0.4% | $18,452 |
| 2010 | $3,003 +4.4% | $18,452 |
| 2009 | $2,877 -4.9% | $18,452 -12.5% |
| 2008 | $3,027 +1% | $21,099 |
| 2007 | $2,997 -1.1% | $21,099 |
| 2006 | $3,029 +59.7% | $21,099 +81.8% |
| 2005 | $1,897 +1% | $11,607 |
| 2004 | $1,877 +2.2% | $11,607 |
| 2003 | $1,837 +41.3% | $11,607 +60.4% |
| 2002 | $1,300 +3.8% | $7,237 |
| 2001 | $1,253 +30.3% | $7,237 |
| 2000 | $962 | $7,237 +44.6% |
| 1999 | -- | $5,005 |
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.Climate risks
Neighborhood: Lawndale
Nearby schools
GreatSchools rating
- 3/10Mason Elementary SchoolGrades: PK-8Distance: 0.2 mi
- 2/10Infinity Math Science & Tech High SchoolGrades: 9-12Distance: 1.6 mi
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.
- $--3 bd1 ba-- sqft1622 S Karlov Ave APT 2, Chicago, IL 60623Off Market
- $--3 bd1 ba1k sqft1622 S Karlov Ave APT 1, Chicago, IL 60623Off Market
- $--3 bd1 ba700 sqft1626 S Karlov Ave APT 2, Chicago, IL 60623Off Market
- $293,00010 bd-- ba2.6k sqft1626 S Karlov Ave, Chicago, IL 60623Sold
- $45,6803,049 Square Feet1620 S Karlov Ave, Chicago, IL 60623Off Market
- $275,9003 bd2 ba1.7k sqft1618 S Karlov Ave, Chicago, IL 60623Off Market
- $197,0004 bd2 ba-- sqft1628 S Karlov Ave, Chicago, IL 60623Off Market
- $293,4004 bd1 ba1.5k sqft1630 S Karlov Ave APT 3, Chicago, IL 60623Off Market
A local agent can set up tours, give advice and negotiate with sellers.
Similar homes
- $469,9008 bd3 ba-- sqft1419 S Kedvale Ave, Chicago, IL 60623Active
MLS ID #12706048, Edwin David Ruano, Solaris Enterprises Inc. MRED as distributed by MLS GRID - $480,0007 bd3 ba-- sqft2114 S Trumbull Ave, Chicago, IL 60623Active
MLS ID #12667775, Luis Ortiz, RE/MAX Partners. MRED as distributed by MLS GRID - $475,0005 bd3 ba-- sqft4024 W Arthington St, Chicago, IL 60624Active
MLS ID #12707203, John Klick, eXp Realty. MRED as distributed by MLS GRID - $500,0007 bd3 ba-- sqft4108 W Wilcox St, Chicago, IL 60624Active
MLS ID #12673043, Leslie Broughton, Compass. MRED as distributed by MLS GRID - $494,9007 bd2 ba-- sqft4513 W West End Ave, Chicago, IL 60624ActiveMLS ID #12689243, Sherita Owens, Keller Williams ONEChicago. MRED as distributed by MLS GRID
- $349,9996 bd3 ba-- sqft3825 W Adams St, Chicago, IL 60624NewMLS ID #12704026, Tina Hollins, Coldwell Banker Realty. MRED as distributed by MLS GRID
- $589,9009 bd5 ba-- sqft1913 S Troy St, Chicago, IL 60623ActiveMLS ID #12693758, Tamika Thomas, Village Realty, Inc.. MRED as distributed by MLS GRID
- $500,0006 bd6 ba-- sqft327 S Richmond St, Chicago, IL 60612ActiveMLS ID #12699296, Amy Kite, ABR,CRS,E-PRO,SRES,TRC, Keller Williams Infinity. MRED as distributed by MLS GRID
- $479,9006 bd2 ba-- sqft4351 W Maypole Ave, Chicago, IL 60624ActiveMLS ID #12681033, Edgardo Guerrero, REMAX Legends. MRED as distributed by MLS GRID
- $525,0006 bd4 ba-- sqft4849 W Ainslie St, Chicago, IL 60630NewMLS ID #12703033, Jason Wagner, Greystone Realty. MRED as distributed by MLS GRID
- $395,0007 bd4 ba-- sqft4318 S Hermitage Ave, Chicago, IL 60609NewMLS ID #12708428, Eva Diaz, ExaRealty LLC. MRED as distributed by MLS GRID
- $495,0006 bd3 ba-- sqft3858 W Ohio St, Chicago, IL 60624ActiveMLS ID #12532969, Jorge Armand Luna, Luna Realty Group. MRED as distributed by MLS GRID
- $594,9908 bd3 ba-- sqft4016 S Indiana Ave, Chicago, IL 60653NewMLS ID #12701934, James Mattz, Keller Williams Preferred Rlty. MRED as distributed by MLS GRID
- $399,99910 bd4 ba-- sqft2243 S Sawyer Ave, Chicago, IL 60623ActiveMLS ID #12648449, Luis Ortiz, RE/MAX Partners. MRED as distributed by MLS GRID
- $625,00010 bd3 ba-- sqft2050 N Kenneth Ave, Chicago, IL 60639NewMLS ID #12711984, Matt Laricy, Americorp, Ltd. MRED as distributed by MLS GRID
- $460,0006 bd2 ba-- sqft5020 W Ohio St, Chicago, IL 60644ActiveMLS ID #12694667, Tosha Simpson-Anderson, ABR,CNC,SRS, Charles Rutenberg Realty of IL. MRED as distributed by MLS GRID
- $459,9007 bd3 ba-- sqft7230 S Talman Ave, Chicago, IL 60629ActiveMLS ID #12700906, Amal Khalil, Coldwell Banker Realty. MRED as distributed by MLS GRID
- $360,0007 bd2 ba-- sqft5206 S May St, Chicago, IL 60609NewMLS ID #12712082, Lauren Wright, Coldwell Banker Realty. MRED as distributed by MLS GRID
- $574,9008 bd3 ba-- sqft2931 W Lexington St, Chicago, IL 60612ActiveMLS ID #12629045, Daniel DePaepe, Baird & Warner. MRED as distributed by MLS GRID
- $469,9006 bd3 ba-- sqft1414 S 58th Ave, Cicero, IL 60804ActiveMLS ID #12674349, Rosalba Pasillas, Homes R Us Real Estate Service. MRED as distributed by MLS GRID
