1222 S Karlov Avenue, Chicago IL 60623
$625,000

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Property Description

Fully rehabbed and turn-key brick 3-flat in North Lawndale, featuring three spacious 2-bedroom, 1-bathroom units. This property has undergone an extensive renovation with improvements throughout the entire building. Updates include new kitchens, new bathrooms, new HVAC systems, new water heaters, new flooring, fresh paint and finishes, roof improvements, tuckpointing, and much more. The major capital improvements have been addressed, offering a tremendous opportunity for an investor or owner-occupant seeking a low maintenance, income producing property. Each unit offers a functional 2BR/1BA layout, providing comfortable living space along with updated kitchens and bathrooms. Each unit has individual furnace and water heater with separate utilities. The building also features rear porches and a full unfinished walk-out basement, providing additional storage and future potential, subject to zoning and permitting. Ideally situated in Chicago's North Lawndale neighborhood, with convenient access to public transportation, neighborhood shopping, restaurants, parks and everyday amenities. The property is also conveniently located near CTA transportation and the I-290 Eisenhower Expressway, providing easy access to downtown Chicago and surrounding areas. Schedule your showing today and see the extensive improvements for yourself!

Features & Information

Key Details

  • List Price $625,000
  • Property Taxes $2,329
  • Year Built 1915
  • Status Price Change
  • List Market Time 9

Units

  • Unit 1

  • Floor 3
  • Rooms 4
  • Beds 2
  • Baths 1
  • Appliances None
  • Tenant Pays Electric,Gas,Heat
  • Lease Expires N/A
  • Unit 2

  • Floor 2
  • Rooms 4
  • Beds 2
  • Baths 1
  • Appliances None
  • Tenant Pays Electric,Gas,Heat
  • Lease Expires N/A
  • Unit 3

  • Floor 1
  • Rooms 4
  • Beds 2
  • Baths 1
  • Appliances None
  • Tenant Pays Electric,Gas,Heat
  • Lease Expires N/A

Exterior Features

  • Parking

  • # of Cars:  0

Building Information

  • Number of Units 3
  • Age of Building 100+ Years

Location

  • County Cook
  • Township West Chicago
  • Corporate Limits Chicago
  • Directions to Property 290 Expressway- S/kostner Avenue - E/roosevelt Road - S/karlov Avenue To Home (n/13th Avenue & W/pulaski Road & E/kedvale Avenue)
  • Schools

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

  • Tax 2329
  • Tax Year 2023
  • Tax Exemptions None
  • Parcel Identification Number 16222050290000

Listed by Aziz Abdelmajeid for Inter Properties Inc | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 9/8/2026 7:02 AM. 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.

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