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$670,000
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Property Description
Well Maintained 6 unit Building in Alsip. This building has five 2 bedroom units, and one 1 bedroom unit. Extra income from coin laundry monthly. Hallways have been painted in 2024.. Roof, gutters, and windows done within the last 12 years. Great investment opportunity!
Full Property Details
Full Property Details for 11824 S Karlov Ave
General
- Sold For: $670,000
- Taxes: $14,474 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12383098
- Added to Site: 227 day(s) ago
Location
- Area: Alsip / Garden Homes
- County: Cook
- Driving Directions: Take Ridgeland down to 115 than right into s Karlov Ave , building is on your right.
Heating & Cooling
- Heating Type: Gas
Structural Information
- Stories/Levels: 3
- Year Built: 1968
- Built Before 1978: Yes
Unit Information
- # Dryers: 1
Lot Features
- Lot Size (Acres): 0.17
- Lot Dimensions: 7500
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $16,025
- Assessment Year: 1968
- Tax Amount: $14,474
- Tax Year: 2023
- Tenant Pays: Electricity
Disclosures and Reports
- Property ID: 24224290340000
Listed by The Joudeh Group
Sold by First Rate Realty, Inc.
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Schools
Schools serving 11824 S Karlov Ave
| Name | Grades | Distance |
|---|---|---|
Stony Creek Elementary School, Alsip, IL 11700 South Kolin Avenue, Alsip, IL 60803 | K-6 | 0.4 mi |
Prairie Jr High School 11910 South Kostner Avenue, Alsip, IL 60803 | 7-8 | 0.4 mi |
A B Shepard High School (Campus) 13049 South Ridgeland Avenue, Palos Heights, IL 60463 | 9-12 | 3.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 11824 S Karlov Ave
Date
Details
Price
Change
Source
12/17/2025
Sold
$670,000
-4.15%
MLS
11/05/2025
Price Reduced
$699,000
-4.12%
MLS
8/30/2025
Price Reduced
$729,000
-2.67%
MLS
6/03/2025
Listed
$749,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
11824 S Karlov Avenue, Alsip, IL 60803 (MLS# 12383098) is a Commercial property that was sold at $670,000 on December 17, 2025. Want to learn more about 11824 S Karlov Avenue? Do you have questions about finding other Commercial real estate for sale in Alsip? You can browse all Alsip real estate or contact a Coldwell Banker agent to request more information.

