14716 Karlov Avenue

Midlothian, IL 60445

$305,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This is a prime investment opportunity or owner-occupied with an income-producing 2nd-floor income of $1,900! The brick mixed-used building consists of a first-floor previously doctor's offices, 5 offices, a reception area, and a full bath. freshly painted, new flooring, Don't miss this opportunity to own this well-maintained building, you can run your own business and earn income from the second-floor rental. Second floor deluxe apartment consists of three bedrooms one bath, a 2.5 car attached garage...This is a prime investment opportunity or owner-occupied with an income-producing 2nd-floor income of $1,900! The brick mixed-used building consists of a first-floor previously doctor's offices, 5 offices, a reception area, and a full bath. freshly painted, new flooring, Don't miss this opportunity to own this well-maintained building, you can run your own business and earn income from the second-floor rental. Second floor deluxe apartment consists of three bedrooms one bath, a 2.5 car attached garage plus a storage area. Newer Roof, Newer Furnace/AC. 8 Parking spaces + 1 Handicap space. 2.5 Garage attached. Easy to show, call today! The second floor brings $1,900 monthly
  1. Listed by Maria Castillo • RE/MAX MI CASA

Property Details for 14716 Karlov Avenue

Area
Midlothian
Zoning
COMMR
LISTING UPDATED: 09/03/2024 12:50 PM

Property Details for 14716 Karlov Avenue

StatusActive
MLS #12132211
Days on Market216
Taxes$11,603 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1972
Lot Size0.51 AC / 22,400 SF
CountyCook County

Building Information for 14716 Karlov Avenue

Stories2Residences2Year Built1972Lot Size0.51 AC / 22,400 SF

Property Information for 14716 Karlov Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Geographic Locale: South Suburban
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • Heat/Ventilation: Forced Air,Gas
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
Property/Lot Information
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: 36-50 Years
  • Lot Dimensions: 160X140
  • Lot Size Square Feet: 22400.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Fire Protection: Fire Extinguisher/s
  • # Of Offices: 1
  • # Of Stores: 0
  • Property Sub Type: Mixed Use
Property and Assessments
  • Possible Use: Commercial
  • Public Document Count: 2
  • Document Date: 2024-08-09T17:24:48
  • Photos Count: 12
Miscellaneous
  • Current Use: Commercial
  • Location: Mixed Use Area
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $1,900.00
  • Gross Scheduled Income: $22,800.00
  • Insurance Expense: $.00
  • Total Monthly Income: 1900
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 14716 Karlov Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 14716 Karlov Avenue

Taxable ValueLand$2,279Additions$27,694Total$29,973
Tax Record2022$14,082 ($1,174 / month)
Home Facts
Baths3Total Finished SqFt3,644 SqFtAbove Grade Finished SqFt3,644 SqFtStories2Lot Size7,598 SqFtStyleMulti-Family Res (5+ Units)Year Built1968CountyCOOKAPN28-10-402-036

Schools near 14716 Karlov Avenue

This home is within Midlothian School District 143.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 9 to 12
Public - PK to 3
Public - 11 to 12
Rating
School
Distance
Springfield Elementary School
PublicK to 6

Bremen High School
Public9 to 12

Spaulding School
PublicPK to 3

Delta Academy and Achieve
Public11 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.

Similar Homes

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14716 Karlov Avenue is a mixed use property for sale in Midlothian, IL 60445. This property was listed for sale on August 9, 2024 by RE/MAX MI CASA, it's currently listed at $305,000. It has been on the market for a total of 216 days and was last sold on May 12, 2023. This listing's school districts are Midlothian School District 143, Bremen Chsd 228 School District. Nearby schools include Springfield Elementary School, Bremen High School and Spaulding School. 14716 Karlov Avenue is a 0-bed, 0-bath, mixed use property built in 1972.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX MI CASA

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 09/03/2024 12:50 PM. 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.