IL > Chicago
Chicago, IL 60623,1300 S KARLOV AVE
Chicago, IL 60623,1300 S KARLOV AVE
Chicago, IL 60623,1300 S KARLOV AVE
7
See all 7 photos
$1,900,000
Est. payment /mo
Save
New

1300 S KARLOV AVE Chicago, IL 60623

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thu
17
Jul
Fri
18
Jul
Sat
19
Jul
Dennis & Karen

Dennis & Karen

+1(219) 213-3346

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12418660

Year Built 1927

Annual Tax Amount $24,627

Tax Year 2023

Lot Dimensions 50X125

Property Sub-Type Multi Family 5+

Property Description

Discover an exceptional investment opportunity with this 17-unit brick building that delivers immediate income potential. This well-maintained property features individual furnaces and separate water heaters in each unit, ensuring tenant comfort while minimizing owner expenses. The building showcases thoughtful updates throughout, including modernized kitchens and bathrooms, updated electrical service, and quality copper plumbing that stands the test of time. Recent improvements include professional roof maintenance with silver coating and newer vinyl windows that enhance both energy efficiency and curb appeal. Each spacious two-bedroom, one-bathroom unit offers generous living areas and large bedrooms that tenants love. The solid brick construction provides durability and timeless appeal while maintaining excellent occupancy rates. This turnkey investment requires no immediate property improvements, making it perfect for investors seeking steady cash flow from day one. The building's proven track record of high occupancy rates and premium rents speaks to its desirable location and quality management potential.

Location

State IL

County Cook

Area Chi - North Lawndale

Zoning MULTI

Rooms

Basement Exterior Entry, Bath/Stubbed

Interior

Cooling None

Fireplace N

Building

Dwelling Type Multi Family 5+

Level or Stories 3

Structure Type Brick

Others

HOA Fee Include None

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Victor Jimenez • Berkshire Hathaway HomeServices American Heritage

GET MORE INFORMATION

agent

Dennis & Karen

Agent

+1(219) 213-3346

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of The Dennis Scherer Real Estate Team - Realty Executives Premier, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

1300 S KARLOV AVE

FIND YOUR NEW HOME WITH
THE DENNIS SCHERER 
REAL ESTATE TEAM