1614 South Karlov Avenue
1614 South Karlov Avenue
$449,995
10
6
4,374
4,374
$103
Contingent
Description
Welcome to 1614 Karlov, a rare gem nestled in the heart of North Lawndale. This brick building stands tall, boasting a legal 2-flat structure with an additional 2 garden units, making it a standout in the area. With two units featuring 4 bedrooms and 2 baths each, this property offers ample space for comfortable living, whether for larger families or savvy investors seeking high rental yields. The two additional garden units, each with 1 bed and 1 bath, provide versatile living options and further...Welcome to 1614 Karlov, a rare gem nestled in the heart of North Lawndale. This brick building stands tall, boasting a legal 2-flat structure with an additional 2 garden units, making it a standout in the area. With two units featuring 4 bedrooms and 2 baths each, this property offers ample space for comfortable living, whether for larger families or savvy investors seeking high rental yields. The two additional garden units, each with 1 bed and 1 bath, provide versatile living options and further contribute to the property's appeal. Already generating substantial income with three units rented, this property presents an enticing opportunity for investors looking to expand their portfolio. The vacant unit offers flexibility, catering to both first-time homebuyers eager to live in one unit while generating rental income from the others, or investors looking to maximize returns immediately. Each unit is equipped with separate utilities, furnaces, and hot water tanks, ensuring convenience and independence for tenants and minimizing maintenance concerns. Additionally, the option for laundry facilities at the rear of the building adds further convenience for tenants and potential for additional income streams. Don't miss out on this exceptional investment opportunity.
- Listed by Dan Ortiz • Baird & Warner
Property Details for 1614 South Karlov Avenue
Area
CHI - North Lawndale
TownshipWest Chicago
OwnershipFee Simple
Num Of Parking Spaces2.0
Parking Included in PriceYes
Heat/FuelNatural Gas, Forced Air
ZoningMULTI
Location
LISTING UPDATED: 05/24/2024 05:25 PM
Property Details for 1614 South Karlov Avenue
Status | Contingent |
---|---|
MLS # | 12047135 |
Days on Market | 8 |
Taxes | $2,064 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 2 Flat |
Year Built | 1971 |
Lot Size | 0.14 AC / 6,098 SF |
County | Cook County |
Location
Building Information for 1614 South Karlov Avenue
Stories-Residences4Year Built1971Building Size-Lot Size0.14 AC / 6,098 SF
Payment Calculator
$2,628 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1614 South Karlov Avenue
Property History for 1614 South Karlov Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1614 South Karlov Avenue
Taxable ValueLand$5,033Additions$4,968Total$10,001
Tax Record2022$2,064 ($172 / month)
Home Facts
Baths3Total Finished SqFt3,236 SqFtAbove Grade Finished SqFt3,236 SqFtStories2Lot Size6,300 SqFtStyleMulti-Family Res (5+ Units)Year Built1974CountyCOOKAPN16-22-405-046
Schools near 1614 South Karlov Avenue
This home is within City Of Chicago School District 299.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 | |||
Charter - | 10 to 12 |
Rating | School | Distance |
---|---|---|
Mason Elementary School PublicPK to 8 | ||
Infinity Math Science & Tech High School Public9 to 12 | ||
KIPP Chicago Chrtrs - Ascend Acad CharterK to 8 | ||
YCCS-CCA Academy HS Charter10 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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