1614 Karlov Avenue, North Lawndale, Chicago, Illinois 60623
$430,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 10 |
| Baths: | 0 |
| Year Built: | 1971 |
| Property Taxes: | $2,064 |
| Days On Market: | 579 |
| Lot Size: | 0,14 |
Description
Welcome to 1614 Karlov, a rare gem nestled in the heart of North Lawndale. This brick building stands tall, boasting a legal 2-flat structure with an additional 2 garden units, making it a standout in the area. With two units featuring 4 bedrooms and 2 baths each, this property offers ample space for comfortable living, whether for larger families or savvy investors seeking high rental yields. The two additional garden units, each with 1 bed and 1 bath, provide versatile living options and further contribute to the property's appeal. Already generating substantial income with three units rented, this property presents an enticing opportunity for investors looking to expand their portfolio. The vacant unit offers flexibility, catering to both first-time homebuyers eager to live in one unit while generating rental income from the others, or investors looking to maximize returns immediately. Each unit is equipped with separate utilities, furnaces, and hot water tanks, ensuring convenience and independence for tenants and minimizing maintenance concerns. Additionally, the option for laundry facilities at the rear of the building adds further convenience for tenants and potential for additional income streams. Don't miss out on this exceptional investment opportunity.
Property Specifics
| Multi-unit | |
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| 1971 | |
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| No | |
| 0.14 |
| Cook | |
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| — / — | |
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| — | |
| 12047135 | |
| 16224050460000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 30 Oct, 2017 | Sold | $15,505 | MRED MLS |
| 3 Oct, 2017 | Under contract | $1 | MRED MLS |
| — | Last price change | $29,000 | MRED MLS |
| 13 Sep, 2017 | Listed for sale | $29,000 | MRED MLS |
| 1 Jul, 2024 | Sold | $430,000 | MRED MLS |
| 23 May, 2024 | Under contract | $449,995 | MRED MLS |
| 16 May, 2024 | Listed for sale | $449,995 | MRED MLS |
Room Specifics
Total Bedrooms: 10
Bedrooms Above Ground: 10
Bedrooms Below Ground: 0
Dimensions: —
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Full Bathrooms: 6
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: None
Other Specifics
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| 6300 SQ FT | |
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| Not in DB | |
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| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2017 | $2,472 |
| 2024 | $2,064 |
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Listing Provided By
Baird & Warner
