ActivePrice Reduced

$589,000

$609,000
1222 Karlov Avenue, Chicago, IL 60623
6 Beds3 Baths44 days
1222 Karlov Avenue·Chicago, IL 60623
6Bedrooms
3Bathrooms
1915Year Built
About This Home

Fully rehabbed and turn-key brick 3-flat in North Lawndale, featuring three spacious 2-bedroom, 1-bathroom units. This property has undergone an extensive renovation with improvements throughout the entire building. Updates include new kitchens, new bathrooms, new HVAC systems, new water heaters, new flooring, fresh paint and finishes, roof improvements, tuckpointing, and much more. The major capital improvements have been addressed, offering a tremendous opportunity for an investor or owner-occupant seeking a low maintenance, income producing property. Each unit offers a functional 2BR/1BA layout, providing comfortable living space along with updated kitchens and bathrooms. Each unit has individual furnace and water heater with separate utilities. The building also features rear porches and a full unfinished walk-out basement, providing additional storage and future potential, subject to zoning and permitting. Ideally situated in Chicago's North Lawndale neighborhood, with convenient access to public transportation, neighborhood shopping, restaurants, parks and everyday amenities. The property is also conveniently located near CTA transportation and the I-290 Eisenhower Expressway, providing easy access to downtown Chicago and surrounding areas. Schedule your showing today and see the extensive improvements for yourself!

MLS# 12740704Listed August 24, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms3
Total Rooms12

Size & Structure

Year Built1915
Lot Size0.070 acres

Location

CountyCook
TownshipWest Chicago
Zip Code60623

Financial

List Price$589,000
Original Price$609,000
Annual Taxes (2023)$2,329
Monthly Tax Est.$194
Parcel #16222050290000
Interior Features

Heating

None

Basement

UnfinishedExterior EntryStorage SpaceFullWalk-Out Access
Exterior & Lot

Construction

Brick

Roof

Flat

Foundation

Brick/Mortar
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan
HOA & Community

Community Features

CurbsSidewalksStreet LightsStreet Paved
Tax & Financial
Annual Taxes
$2,329
Tax Year 2023
Monthly Tax Est.
$194
per month
Price Reduced by $20,000
Original list price: $609,000
Property Location

1222 Karlov Avenue, Chicago, IL 60623 — Cook County

$589,000
1222 Karlov Avenue
6 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
44 days on market
0.070 acres
$2,329/yr taxes
Price reduced $20,000
$3,290
estimated monthly payment
Principal & Interest
$3,095/mo
Property Tax
$194/mo
$589,000
20% — $117,800
3%50%
6.875%
3%12%
Loan Amount
$471,200
Down Payment
$117,800

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Inter Properties Inc
Agent: Aziz Abdelmajeid
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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