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  • $700,000

    4825 N Karlov Ave, Chicago, IL 60630

    4beds
    --sqft
    Multi Family
    Built in 1922
    -- sqft lot
    $736,200 Zestimate®
    $--/sqft
    $1,966 Estimated rent

    Home value

    $736,200

    $663,000 - $817,000

    $1,966/mo

    Zestimate® history
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    What's special

    Functional layoutsQuiet tree-lined streetExposed brickLarge bedroomsGenerous bedroom sizesTwo bathroomsSpacious two-car detached garage
    Don't miss this fully occupied, all-brick two-flat with a finished garden unit, ideally situated on a quiet, tree-lined street in one of Chicago's most vibrant neighborhoods. Current rents are $6,155 a month with room to improve! Unit 2 is a 2 bed + office with 2 baths rented to long term tenant for $1,780 till July 2026. Unit 1 is a 2 bed with 2 baths rented for $2,100 exp 6/30/25. Unit G is a 3 bed with 1 bath rented for $1,825 exp 7/31/25. Garage and parking pad rented for $450 on a MTM lease. Meticulously maintained and fully renovated in 2014, this building features three spacious, sun-filled units-each offering functional layouts, generous bedroom sizes, and updated finishes throughout. Modern kitchens boast granite countertops and stainless steel appliances, while each unit enjoys in-unit laundry and separate utilities for added convenience. The top floor has exposed brick, a separate sunroom/office, and two large bedrooms with two bathrooms. The first floor features a similar layout with the sunroom open to the living room. The garden unit is a three bedroom 1 bathroom with open concept layout. The property also includes a spacious two-car detached garage with tandem exterior parking rented for $450 a month, providing ample parking and storage. North Mayfair is one of the city's most vibrant and culturally rich neighborhoods. Known for its beautiful tree-lined streets, eclectic mix of global cuisines, and strong sense of community, North Mayfair offers the perfect blend of urban convenience and neighborhood charm. With easy access to 90/94 and the CTA Brown Line, scenic parks like Gompers Park, Eugene Field, River Park, and an ever-growing mix of locally owned shops, cafes, and markets, it's easy to see why North Mayfair continues to attract homeowners, renters, and investors alike. Whether you're looking for a quiet residential block or a buzzing commercial corridor, North Mayfair offers something for everyone. Whether you're an investor seeking reliable rental income or an owner-occupant looking to offset your mortgage, this turnkey building offers strong returns in a rapidly appreciating area.

    Zillow last checked:

    Listing updated:

    Listed by:

    Brie Schmidt 847-312-6043,

    Second City Real Estate

    Bought with:

    Grigory Pekarsky

    Vesta Preferred LLC

    Source: MRED as distributed by MLS GRID,MLS#: 12397032MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 5
    Heating
    • Natural Gas, Forced Air, Sep Heating Systems - 2+
    Appliances
    • Included: Multiple Water Heaters
    Features
    • Basement: Finished,Full

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage Door Opener, Garage, On Site, Garage Owned, Detached, Off Alley, Owned
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Lot
    • Size: 4,158 Square Feet
    • Dimensions: 33X126
    Details
    • Parcel number: 13104270100000
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1922
    • Major remodel year: 2014

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $470,000
    • Annual tax amount: $8,022
    • Date on market: 6/18/2025
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    9/9/2025Sold$700,000-2.8%
    Source: MRED as distributed by MLS GRID #12397032 Report a problem
    7/4/2025Contingent$720,000
    Source: MRED as distributed by MLS GRID #12397032 Report a problem
    6/18/2025Listed for sale$720,000+51.6%
    Source: MRED as distributed by MLS GRID #12397032 Report a problem
    3/4/2018Listing removed$1,350
    Source: Fulton Grace Realty Report a problem
    11/20/2017Listed for rent$1,350
    Source: D. Lathan Group - Fulton Grace Realty Report a problem
    6/9/2016Sold$475,000
    Source: Public Record Report a problem
    12/5/2015Listing removed$475,000
    Source: Dream Town Realty #09001054 Report a problem
    12/31/2014Pending sale$475,000
    Source: Dream Town Realty #08795930 Report a problem
    12/4/2014Listed for sale$475,000+150%
    Source: Dream Town Realty #08795930 Report a problem
    1/12/2010Sold$190,000-63.5%
    Source: Public Record Report a problem
    12/15/2006Sold$520,000+41.5%
    Source: Public Record Report a problem
    9/13/2004Sold$367,500
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$9,036 +12.6%$47,000 +24.1%
    2023$8,022 +2.6%$37,887
    2022$7,820 +2.3%$37,887
    2021$7,644 +11%$37,887 +23%
    2020$6,885 -3.5%$30,799 -13%
    2019$7,136 +1.7%$35,402
    2018$7,016 +15.4%$35,402 +25.8%
    2017$6,079 -0.1%$28,146 -7.1%
    2016$6,087 +9.3%$30,290
    2015$5,570 +15.3%$30,290 +16.8%
    2014$4,831 +2%$25,942
    2013$4,735 +1.7%$25,942
    2012$4,655 -30%$25,942 -36.8%
    2011$6,652 -0.4%$41,049
    2010$6,680 +4.4%$41,049
    2009$6,401 +6.5%$41,049 -2%
    2008$6,011 +1%$41,902
    2007$5,951 -1.1%$41,902
    2006$6,015 +42.3%$41,902 +51.3%
    2005$4,227 -5.7%$27,702
    2004$4,481 +2.2%$27,702
    2003$4,384 +17.6%$27,702 +33.5%
    2002$3,727 +3.8%$20,743
    2001$3,592 +2.2%$20,743
    2000$3,514 -0.7%$20,743 +13.4%
    1999$3,538 $18,292
    Find assessor info on the county website

    Neighborhood: Albany Park

    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.

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    Estimated market value
    $736,200
    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
    $736,200