1342 S Karlov Avenue, Chicago, IL 60623 - Photo 1

1/1

$447,900

Sold
Closed
Multi-Family
9 Total Beds

1/1

Property Description

*** 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

Full Property Details for 1342 S Karlov Ave

General

Sold For: $447,900
Taxes: $7,662 (2024)
Status: Closed
Type: Multi-Family
Source: MRED
MLS ID: 12524957
Added to Site: 98 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 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
Driving Directions: W Roosevelt Rd to Karlov Ave SOUTH TO 1342

School Information

School District: 299
Midd School District: 299

Heating & Cooling

Heating Type: Forced Air

Utilities

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

Disclosures and Reports

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

Listed by Chicagoland Brokers, Inc.
Sold by Properties Indeed Corp

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— 1342 S Karlov Ave —

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Schools

Schools serving 1342 S Karlov Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Hughes C Elementary School 4247 West 15th Street, Chicago, IL 60623	PK-8	0.3 mi
Manley Career Academy High School 2935 West Polk Street, Chicago, IL 60612	12-11	1.5 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

Date

Details

Price

Change

Source

1/16/2026

Sold

$447,900

-0.24%

MLS

11/29/2025

Listed

$449,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Just Listed

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Multi-Family
Active
Updated 1 day ago

4
Total Beds

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Lots/Land
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Updated 2 days ago

0.46
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Single Family
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Updated 4 days ago

3
Beds
2
Total Baths
1,096
Sq. Ft.

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Just Listed

$399,000

Open House

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Single Family
Active
Updated 3 days ago

7
Beds
2
Total Baths
3,600
Sq. Ft.

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Price Reduced

-$10,000 (-3.33%)

$289,900

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Single Family
Active
Updated 4 days ago

4
Beds
2
Total Baths
1,152
Sq. Ft.

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-$10,000 (-3.45%)

$279,900

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Single Family
Active
Updated 3 hours ago

3
Beds
2
Total Baths
3,241
Sq. Ft.

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Price Reduced

-$10,000 (-1.75%)

$560,000

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Multi-Family
Active
Updated 4 days ago

6
Total Beds

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Price Reduced

-$9,901 (-3%)

$319,999

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Condo / Townhouse
Active
Updated 1 day ago

3
Beds
3
Total Baths
1,775
Sq. Ft.

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$470,000

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Multi-Family
Closed
Updated 12 days ago

9
Total Beds

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$470,000

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Multi-Family
Closed

6
Total Beds

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Multi-Family
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4
Total Beds

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Multi-Family
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9
Total Beds

1342 S Karlov Avenue, Chicago, IL 60623 (MLS# 12524957) is a Multi-Family property that was sold at $447,900 on January 16, 2026. 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.

1342 S Karlov Ave Chicago, IL 60623