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$527,000
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Property Description
Don't miss this incredible opportunity to own a solid Mayfair 2-flat with huge upside potential! Each spacious unit features 3 bedrooms and 1 bathroom, offering plenty of room for comfortable living. Whether you're an investor looking for a strong income property or an owner-occupant seeking to live in one unit while renting the other, this property offers great value and future growth. Lots of storage space in the basement and the perfect place to install a washer and dryer. The building needs some TLC, but with some updates, it could become a real gem. Sold As-Is.
Full Property Details
Full Property Details for 4824 N Karlov Ave
General
- Sold For: $527,000
- Taxes: $1,369 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12455067
- Added to Site: 189 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Additional Information
- Other Features: Commuter Bus, Commuter Train
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: On Site, Garage Owned, Detached, Garage
- Parking On-Site: Yes
Location
- Area: CHI - Albany Park
- County: Cook
- Driving Directions: Just north of Lawrence on West side of Karlov which is a one way going North.
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Lake Michigan, Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished, Partial
- Year Built: 1918
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: less than .25 acre
Financial Considerations
- Assessment Year: 1918
- Tax Amount: $1,369
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 13104260260000
Listed by @properties Christie's International Real Estate
Sold by Realty of America, LLC
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Schools
Schools serving 4824 N Karlov Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Palmer Elementary School 5051 North Kenneth Avenue, Chicago, IL 60630 | PK-8 | 0.5 mi |
Taft High School 6530 West Bryn Mawr Avenue, Chicago, IL 60631 | 9-12 | 3.3 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 4824 N Karlov Ave
Date
Details
Price
Change
Source
10/03/2025
Sold
$527,000
5.61%
MLS
8/26/2025
Listed
$499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4824 N Karlov Avenue, Chicago, IL 60630 (MLS# 12455067) is a Multi-Family property that was sold at $527,000 on October 03, 2025. Want to learn more about 4824 N Karlov Avenue? Do you have questions about finding other Multi-Family real estate for sale in Albany Park? You can browse all Albany Park real estate or contact a Coldwell Banker agent to request more information.

