LKV Realty
Logo
$480,000
$2,400Reward *
1622 S Karlov Avenue, Chicago, IL 60623Listing ID 12707342

1622 S Karlov Avenue, Chicago, IL 60623

Active
CHI - North Lawndale
Last updated: 5 days ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
8
Bathrooms
Bathrooms
3
Heating
Heating
Forced Air
Year Built
Year Built
1908
Parking
Parking
Yes, Owned

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 2-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.

Property Information

Property Details

Location

Address
1622 S Karlov Avenue
County
Cook
City
Chicago
Zip Code
60623
Subdivision
CHI - North Lawndale
School District
299
MLS Area
CHI - North Lawndale

Interior Features

Beds and Baths

Bedrooms
8

Building

Building Information

Year Built
1908
Construction
Brick

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$3,630
Tax Year
2024
eXp Realty, (888) 574-9405

Market Report for 60623

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MRED
MRED logo

Based on information submitted to the MLS GRID as of 18 Aug 2026, 06:08 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MRD890739