4825 North Karlov, Chicago IL 60630
$720,000

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Property Description

Don't miss this fully occupied, all-brick two-flat with a finished garden unit, ideally situated on a quiet, tree-lined street in one of Chicago's most vibrant neighborhoods. Current rents are $6,155 a month with room to improve! Unit 2 is a 2 bed + office with 2 baths rented to long term tenant for $1,780 till July 2026. Unit 1 is a 2 bed with 2 baths rented for $2,100 exp 6/30/25. Unit G is a 3 bed with 1 bath rented for $1,825 exp 7/31/25. Garage and parking pad rented for $450 on a MTM lease. Meticulously maintained and fully renovated in 2014, this building features three spacious, sun-filled units-each offering functional layouts, generous bedroom sizes, and updated finishes throughout. Modern kitchens boast granite countertops and stainless steel appliances, while each unit enjoys in-unit laundry and separate utilities for added convenience. The top floor has exposed brick, a separate sunroom/office, and two large bedrooms with two bathrooms. The first floor features a similar layout with the sunroom open to the living room. The garden unit is a three bedroom 1 bathroom with open concept layout. The property also includes a spacious two-car detached garage with tandem exterior parking rented for $450 a month, providing ample parking and storage. North Mayfair is one of the city's most vibrant and culturally rich neighborhoods. Known for its beautiful tree-lined streets, eclectic mix of global cuisines, and strong sense of community, North Mayfair offers the perfect blend of urban convenience and neighborhood charm. With easy access to 90/94 and the CTA Brown Line, scenic parks like Gompers Park, Eugene Field, River Park, and an ever-growing mix of locally owned shops, cafes, and markets, it's easy to see why North Mayfair continues to attract homeowners, renters, and investors alike. Whether you're looking for a quiet residential block or a buzzing commercial corridor, North Mayfair offers something for everyone. Whether you're an investor seeking reliable rental income or an owner-occupant looking to offset your mortgage, this turnkey building offers strong returns in a rapidly appreciating area.

Features & Information

Key Details

  • List Price $720,000
  • Property Taxes $8,022
  • Price/ Sq. Ft. Unavailable
  • Year Built 1922
  • Parking Type Garage,Space/s
  • Status Active

Rooms

  • Total Rooms 16
  • Basement F

Exterior Features

  • Parking

  • Parking Details Garage,Space/s
  • # of Cars:  4
  • # of Garage Spaces:  Garage Door Opener(s),7 Foot or more high garage door

Building Information

  • Number of Units 2
  • Age of Building 100+ Years
  • Exterior Construction Brick
  • Heating & Cooling Gas, Forced Air, 2+ Sep Heating Systems
  • Units

  • Unit 1 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Hardwood Floors
  • Unit 2 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Hardwood Floors

Location

  • County Cook
  • Township Jefferson
  • Corporate Limits Chicago
  • Directions to Property Lawrence To Karlov, West Of Pulaski & North To Property
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 8022
  • Tax Year 2023
  • Parcel Identification Number 13104270100000

Utilities

  • Sewer Sewer-Publ

Listed by Brianna Zdravkovic for Second City Real Estate | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 6/29/2025 8:02 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.

Explore North Mayfair

This quaint, northwest neighborhood is best known for its historical charm and quiet, tree-lined streets. Home to hundreds of historic bungalows, North Mayfair captures the vintage, urban charm that gave Chicago its swagger during the mid 20th century. Today North Mayfair is a family-orientated community steeped in rich history, scenic parks and a sprinkling of retail and restaurants. The neighborhood parks are not only a place to enjoy the great outdoors, but a venue for annual events and fun holiday celebrations. From Easter egg hunts to live musical entertainment, North Mayfair residents can always count on Gompers Park to be a flurry of activity and an excellent spot to meet the new neighbors.

Read More About North Mayfair...

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