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$650,000 Just Listed
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Property Description
Discover a fabulous Offering! This well-maintained, solid-built, brick two-flat building, (family owned for over 40 years) provides a great investment. The property beautifully showcases classic vintage details, including arched doorways, picture rail, and chair rail-(1st flr). Each spacious unit features 2 bedrooms/ 1 bath, complemented by separate dining and living rooms, as well as eat-in kitchens equipped with stainless steel appliances. Hardwood floors thru-out, although 2nd floor & 1st floor BR is carpeted. The full basement offers convenience with two sets of washer/dryers for each unit, along with potential for duplexing the first-floor unit. Step outside to a lovely fenced yard, perfect for a small garden. Convenient 2-car brick garage. Great Skokie location, in proximity to the Oakton Skokie Swift yellow line, parks, downtown Skokie, and the Old Orchard Mall, with easy access to x-way. This is a fantastic investment opportunity: live in one unit and rent the other. Be sure to check the floor plans in the additional information!
Full Property Details
Full Property Details for 7918 Karlov Ave
General
- Price: $650,000
- Taxes: $13,502 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12615940
- Updated: 4/13/2026
- Added to Site: 1 day(s) ago
Rental Information
- Complex Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Other Features: School Bus Service, Commuter Train, Interstate Access
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Location
- Area: Skokie
- County: Cook
- Township: Niles
- Driving Directions: Oakton to Karlov Ave (S) to 7918 on (W) side of street
School Information
- School District: 73.5
- Elem School District: 73.5
- Midd School District: 73.5
- High School District: 219
- Elementary School: John Middleton Elementary School
- Middle School: Oliver Mccracken Middle School
- High School: Niles North High School
- Private School: Niles North High School
Heating & Cooling
- Heating Type: Natural Gas, Radiator(s)
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Roof: Rubber
- Year Built: 1929
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 30 x 123
- Fence: Yes
- Zoning: MULTI
- Fencing (Description): Fenced
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1929
- Tax Amount: $13,502
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 10272050320000
Listed by Baird & Warner
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Schools
Schools serving 7918 Karlov Ave
School Districts:Skokie School District 73-5, Niles Township Community High School District 219
| Name | Grades | Distance |
|---|---|---|
Elizabeth Meyer School 8100 Tripp Avenue, Skokie, IL 60076 | PK-K | 0.3 mi |
John Middleton Elementary School 8300 Saint Louis Avenue, Skokie, IL 60076 | 1-5 | 0.9 mi |
Oliver Mccracken Middle School 8000 East Prairie Road, Skokie, IL 60076 | 6-8 | 0.2 mi |
Niles North High School 9800 Lawler Avenue, Skokie, IL 60077 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7918 Karlov Ave
Date
Details
Price
Change
Source
4/13/2026
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7918 Karlov Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$13,041
2%
$45,999
—
2022
$12,811
16%
$45,999
34%
2021
$11,089
4%
$34,209
—
2020
$10,685
-3%
$34,209
-13%
2019
$10,996
6%
$39,321
20%
2018
$10,351
-1%
$32,690
—
2017
$10,427
3%
$32,690
—
2016
$10,092
19%
$32,690
26%
2015
$8,504
2%
$25,867
—
2014
$8,338
1%
$25,867
—
2013
$8,281
-6%
$25,867
-12%
2012
$8,772
—
$29,288
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7918 Karlov Ave
7918 Karlov Avenue, Skokie, IL 60076 (MLS# 12615940) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 7918 Karlov Avenue is currently listed for $650,000 and was received on April 13, 2026. Want to learn more about 7918 Karlov Avenue? Do you have questions about finding other Multi-Family real estate for sale in Skokie? You can browse all Skokie real estate or contact a Coldwell Banker agent to request more information.

