1622 S Karlov Avenue

Chicago, IL 60623

About this property

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 4-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.

About this property

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 4-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.

Features and Additional Information

Schedule a Tour
It's free and no obligation

Schedule a Private Showing

$470,000 Active
0 sqft

Presented By Daniel and Associates Real Estate

Agent Image
Get in touch today! Phone: 1-630-231-8090
Brokerage
Pearson Realty Group
1-773-325-2800
Curious to find out what your home is worth?
Get My Home's Worth arrow_forward

Area Information

CHI North Lawndale | Cook County |

$ 470,000
This listing is play_arrow 102.2% higher than the average in the area
$ 232,450 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
15 days on site
This listing is play_arrow 64.7% below the average in the area
43 days on site in the area

Schools in the Area

  • turned_in
    Elementary School
  • turned_in
    Middle School
  • turned_in
    High School
Listed By John Klick
Brokerage: Pearson Realty Group

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
Daniel and Associates Real Estate

By submitting, you agree to receive promotional texts and/or calls from Daniel & Associates Real Estate at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
Real Estate Links Our Domains