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  • $687,500

    5623 N Karlov Ave, Chicago, IL 60646

    6beds
    --sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $734,700 Zestimate®
    $--/sqft
    $2,628 Estimated rent

    Home value

    $734,700

    $654,000 - $823,000

    $2,628/mo

    Zestimate® history
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    $4,887/mo

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    $4,887/mo

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    What's special

    Discover a fully renovated legal 3-unit (Zoning Certification Available) building in the highly sought-after Sauganash School District, offering condo-quality finishes throughout. Each unit is thoughtfully designed with custom kitchen cabinetry, high-end stainless steel appliances, quartz countertops, and Grohe faucets, ensuring both style and functionality. Custom closets provide ample storage, while bathrooms are elegantly finished with a combination of Carrara and Calacatta Gold marble tile, adding a touch of luxury. This meticulously maintained property features three HVAC systems with individual furnaces and condensers, updated electrical with four separate panels, and copper plumbing throughout. The building also boasts newer water heaters, vinyl windows, and a newer roof, ensuring long-term durability and efficiency. The exterior is equally impressive, featuring two spacious outdoor decks, a concrete patio, and an outdoor shed, providing ample space for relaxation and entertainment. A three-car garage offers convenient parking, while a multi-lock key entry system enhances security. The property also includes a dedicated laundry room with two coin-operated washers and dryers, adding extra convenience for tenants. This versatile building offers multiple possibilities-it can serve as a lucrative Airbnb or short-term rental, a multi-generational living space, or a traditional income-generating rental. Tenants pay all utilities except for cold water. Whether you're an investor looking for strong rental potential or an owner-occupant seeking a flexible, modern property, this is an outstanding opportunity. Schedule your showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Giancarlo Bargioni, ABR 773-250-0400,

    Dream Town Real Estate,

    Ewa O'Connor 312-859-6316,

    Dream Town Real Estate

    Bought with:

    Non Member

    NON MEMBER

    Source: MRED as distributed by MLS GRID,MLS#: 12308663MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Foyer
    Heating
    • Natural Gas, Forced Air
    Features
    • Windows: Screens
    • Basement: Finished,Full,Daylight

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage Door Opener, On Site, Garage Owned, Detached, Garage
    • Garage spaces: 3
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Deck, Patio
    • Exterior features: Balcony
    Lot
    • Size: 3,750 Square Feet
    • Dimensions: 30X125
    Details
    • Additional structures: Shed(s)
    • Parcel number: 13034120080000
    • Zoning: MULTI
    • Special conditions: None
    • Other equipment: Sump Pump

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family
    Materials
    • Frame
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1920
    • Major remodel year: 2022

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $490,000
    • Annual tax amount: $5,015
    • Date on market: 6/18/2025
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    10/16/2025Sold$687,500
    Source: Public Record Report a problem
    6/16/2025Sold$687,500+129.9%
    Source: MRED as distributed by MLS GRID #12308663 Report a problem
    8/15/2013Sold$299,000
    Source: MRED as distributed by MLS GRID #08353177 Report a problem
    6/4/2013Pending sale$299,000
    Source: RE/MAX PROPERTIES NORTHWEST #08353177 Report a problem
    5/29/2013Listed for sale$299,000
    Source: RE/MAX PROPERTIES NORTHWEST #08353177 Report a problem
    3/21/2013Pending sale$299,000
    Source: RE/MAX PROPERTIES NORTHWEST #08353177 Report a problem
    3/9/2013Listed for sale$299,000
    Source: RE/MAX PROPERTIES NORTHWEST #08353177 Report a problem
    1/29/2013Pending sale$299,000
    Source: RE/MAX PROPERTIES NORTHWEST #08353177 Report a problem
    1/21/2012Price change$299,000-8%
    Source: RE/MAX PROPERTIES NORTHWEST #07928170 Report a problem
    10/21/2011Listed for sale$325,000
    Source: RE/MAX PROPERTIES NORTHWEST #07928170 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$9,213 +83.7%$49,000 +81.5%
    2023$5,015 +3%$27,000
    2022$4,867 +1.9%$27,000
    2021$4,775 -30.4%$27,000 -20.1%
    2020$6,859 -3.9%$33,784 -13%
    2019$7,137 +1.7%$38,833
    2018$7,015 +9.2%$38,833 +17.3%
    2017$6,423 +4.4%$33,113
    2016$6,153 +9.7%$33,113
    2015$5,607 +13.9%$33,113 +14.2%
    2014$4,922 -7%$28,997
    2013$5,293 +1.7%$28,997
    2012$5,203 -7.3%$28,997 -16.3%
    2011$5,612 -0.4%$34,629
    2010$5,635 +4.4%$34,629
    2009$5,400 -3%$34,629 -10.8%
    2008$5,569 +1%$38,823
    2007$5,514 -1.1%$38,823
    2006$5,573 +29.9%$38,823 +47.9%
    2005$4,291 +1%$26,258
    2004$4,247 +2.2%$26,258
    2003$4,155 +19.2%$26,258 +35.3%
    2002$3,486 +15.8%$19,406
    2001$3,010 +17.2%$19,406
    2000$2,568 -0.2%$19,406 +26.3%
    1999$2,573 $15,369
    Find assessor info on the county website

    Neighborhood: Brynford Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Sauganash Elementary School
    • 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
    $734,700
    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
    $734,700