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$449,000 Contingent

  • For Sale
  • Contingent
  • Multi-Family
  • 9 Total Beds
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*** Investor Allert***Excellent Rental Income Possibilities!*** Beautiful & Spacious Brick 3 Unit Building Built in 2006! Each Unit Offers 3 Bed/ 2 Bath, Hardwood Floors Throughout, Central Heat & A/C. All Units Are Rented To A Long Term Cha Tenants. Washer/Dryer in Each Unit. Back Porch With Large Decks To Enjoy The Spring and Summers. 3 Gated Parking Spaces in The Back Of The Building. Tenants Pay Their Own Electric and Gas. Great Income Opportunity To Collect Rent From Day One! Come and See Before Is Gone! Building Is Being Sold "As Is"

Full Property Details for 1342 S Karlov Ave

General

  • Price: $449,000
  • Taxes: $7,662 (2024)
  • Status: Contingent
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12524957
  • Updated: 12/14/2025
  • Added to Site: 50 day(s) ago

Rental Information

  • Complex Features: Curbs, Gated, Sidewalks, Street Lights

Interior

  • Basement: None

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Upper - Full Baths: 6

Bedrooms

  • Total Bedrooms: 9

Additional Information

  • Equipment: Carbon Monoxide Detectors, Ceiling Fan(s)
  • Other Features: School Bus Service, Commuter Bus

Parking

  • Total Spaces: 3
  • Parking Features: Yes, Owned

Location

  • Area: CHI - North Lawndale
  • County: Cook
  • Township: West Chicago
  • Driving Directions: W Roosevelt Rd to Karlov Ave SOUTH TO 1342

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Heating & Cooling

  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan, Public

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: None
  • Year Built: 2006
  • Remodeled/Updated: 2014

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 3134
  • Zoning: MULTI

Financial Considerations

  • Assessment Year: 2006
  • Tax Amount: $7,662.74
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: List Broker Must Accompany
  • Property ID: 16222130240000

Listed by Chicagoland Brokers, Inc.

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— 1342 S Karlov Ave —

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 1342 S Karlov Ave

School District:Chicago Public School District 299
NameGradesDistance
Hughes C Elementary School
4247 West 15th Street, Chicago, IL 60623
PK-80.3 mi
Manley Career Academy High School
2935 West Polk Street, Chicago, IL 60612
12-111.5 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 1342 S Karlov Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/29/2025
Listed
$449,000
709.01%
MLS
4/03/2013
Sold
$55,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1342 S Karlov Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,880
3%
$27,773
—
2022
$5,732
2%
$27,773
—
2021
$5,603
47%
$27,773
63%
2020
$3,814
-4%
$17,064
-13%
2019
$3,954
2%
$19,614
—
2018
$3,887
-13%
$19,614
-5%
2017
$4,480
8%
$20,741
—
2016
$4,154
9%
$20,741
—
2015
$3,801
-3%
$20,741
-2%
2014
$3,907
2%
$21,060
—
2013
$3,830
1%
$21,060
—
2012
$3,779
—
$21,060
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1342 S Karlov Avenue, Chicago, IL 60623 (MLS# 12524957) is a Multi-Family property with 3 units containing 9 bedrooms and 0 full bathrooms. 1342 S Karlov Avenue is currently listed for $449,000 and was received on November 29, 2025. Want to learn more about 1342 S Karlov Avenue? Do you have questions about finding other Multi-Family real estate for sale in North Lawndale? You can browse all North Lawndale real estate or contact a Coldwell Banker agent to request more information.

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