
1861 S Karlov Ave Chicago, IL 60623
North Lawndale NeighborhoodHighlights
- Forced Air Heating System
- Paved or Partially Paved Lot
- 4-minute walk to Pulaski Station (Pink Line)
About This Home
As of June 2025Great investment opportunity to own this brick 3-unit building. This property has three above ground units, each with 3 bedrooms, 1 full bathroom, and 1 half bathroom. In addition, each unit features a large living room, dining room, and kitchen. The unfinished basement has a nice sitting area, complete with a half bathroom, a washer and dryer, and a storage room. The unit also has a two car garage in the back. The pictures and videos are of Unit 3. Each unit has a similar layout. Minutes from shopping, dining, entertainment, playground/parks, public transportation, and interstate access.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,011
Year Built
- Built in 1928
Lot Details
- Lot Dimensions are 25 x 125
- Paved or Partially Paved Lot
Parking
- 2 Car Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Block Foundation
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Potential Bedrooms
- 7 Bathrooms
Basement
- Basement Fills Entire Space Under The House
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- 3 Units
Building Details
- Electric Expense $596
- Fuel Expense $2,964
- Insurance Expense $5,398
- Maintenance Expense $1,025
- Trash Expense $2,976
- Water Sewer Expense $2,976
- Gross Income $43,740
- Net Operating Income $25,652
Similar Homes in Chicago, IL
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/06/2025 06/06/25 | Sold | $335,000 | -10.7% | -- |
04/22/2025 04/22/25 | Pending | -- | -- | -- |
04/17/2025 04/17/25 | For Sale | $375,000 | -- | -- |
Tax History Compared to Growth
Agents Affiliated with this Home
-
K
Seller's Agent in 2025
Kurt Clements
eXp Realty
-
T
Buyer's Agent in 2025
Tracey Royal
Coldwell Banker Realty
-
J
Buyer Co-Listing Agent in 2025
Jewel Brewer
Coldwell Banker Realty
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12341105

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