An excellent investment opportunity in the heart of Hermosa. This three-unit building, classified by Cook County as a three-flat, has been owned by the same family for many years and offers versatile layouts with the opportunity to add value through updates. The first-floor unit offers 3 bedrooms and 1 full bath, the second-floor unit features 2 bedrooms and 1 full bath, and the garden level includes 2 bedrooms and 1 full bath. Each unit has its own gas meter, electric meter, and furnace, with two water heaters serving the building. A gated rear parking pad provides off-street parking for two cars. The building will be delivered vacant at closing, so you can renovate, set your own rents, or owner-occupy. It's a five-block walk from the Metra station, with nearby parks and authentic restaurants along Armitage Avenue. Property sold as-is. No rent roll available. The seller makes no representation regarding the legality or conforming status of the garden unit. Buyer to verify zoning and unit count.
Contingent
$200,000
1851 N Karlov Ave, Chicago, IL 60639
7beds
--sqft
Multi Family
Built in 1903
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Versatile layouts
- 13 days
- 3,387
- 363
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Ben Lalez 773-466-7150,
Compass,
Mark Buckner,
Compass
Source: MRED as distributed by MLS GRID,MLS#: 12795522
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Electric
Features
- Basement: Finished,Full
Property
Parking
- Total spaces: 2
- Parking features: Yes
Lot
- Size: 3,125 Square Feet
Details
- Parcel number: 13344140020000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Frame
Condition
- New construction: No
- Year built: 1903
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $220,010
- Annual tax amount: $3,896
- Date on market: 10/28/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 11/3/2026 | Contingent | $200,000 |
Source: | ||
| 10/28/2026 | Listed for sale | $200,000-45.2% |
Source: | ||
| 7/13/2000 | Sold | $365,000+92.1% |
Source: Public Record Report a problem | ||
| 10/13/1995 | Sold | $190,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,771 +21.3% | $22,001 +22.2% |
| 2023 | $3,110 +3.3% | $18,003 |
| 2022 | $3,010 +1.7% | $18,003 |
| 2021 | $2,960 -4.7% | $18,003 +5.9% |
| 2020 | $3,108 -5.7% | $17,003 -14% |
| 2019 | $3,295 +2.1% | $19,771 |
| 2018 | $3,227 -34.6% | $19,771 -24.8% |
| 2017 | $4,933 +3.5% | $26,289 |
| 2016 | $4,765 +9.9% | $26,289 |
| 2015 | $4,337 +24.4% | $26,289 +23.1% |
| 2014 | $3,485 +2.3% | $21,354 |
| 2013 | $3,405 +0.6% | $21,354 |
| 2012 | $3,384 -10.5% | $21,354 -22% |
| 2011 | $3,782 +3.2% | $27,380 |
| 2010 | $3,666 +9.6% | $27,380 |
| 2009 | $3,344 -11.7% | $27,380 -17.3% |
| 2008 | $3,788 +11.2% | $33,118 |
| 2007 | $3,405 +29.3% | $33,118 |
| 2006 | $2,634 +27.6% | $33,118 +70% |
| 2005 | $2,064 +1.9% | $19,482 |
| 2004 | $2,026 +4.5% | $19,482 |
| 2003 | $1,939 -18.4% | $19,482 +47.2% |
| 2002 | $2,378 +22.5% | $13,234 |
| 2001 | $1,941 +26.9% | $13,234 |
| 2000 | $1,530 +0.1% | $13,234 +32.8% |
| 1999 | $1,528 | $9,966 |
Find assessor info on the county website
Monthly payment
Est. payment







