Active Under Contract

$799,900

7941 Karlov Avenue, Skokie, IL 60076
8 Beds5 Baths9 days
7941 Karlov Avenue·Skokie, IL 60076
8Bedrooms
5Bathrooms
1958Year Built
About This Home

This is an absolute rare-find triplex located on a beautiful tree-lined residential street. Offering over 4,200 square feet across three fully self-contained units, this highly updated property presents an exceptional opportunity for both investors and owner-occupants. The first and second floors each feature spacious 3-bedroom, 2-bath layouts with full kitchens and private living spaces. The lower level offers an additional 2-bedroom, 2-bath apartment, providing tremendous flexibility and income potential. Outside, enjoy a charming courtyard area, plus an incredible combination of a 2-car attached garage and an additional 1-car attached garage accessed from the alley-an uncommon amenity for a multi-family property. All three units are currently occupied by related family members, but the possibilities are endless. Whether you're looking to maximize rental income, create a multigenerational living arrangement, or add a turnkey asset to your portfolio, this meticulously maintained and updated triplex is truly one of a kind. Property is being shown by appointment and each occupant does need proper notice to be able to view the entire building. This property does require a 1 lender short sale however, all the heavy lifting related to the short sale including the application, review, lender value have all been completed. Lender is now considering reasonable offers. Do not allow the short sale to deter you as this is not your typical short sale.

MLS# 12682834Listed June 19, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms8
Total Bathrooms5
Total Rooms17

Size & Structure

Garage Spaces3
Year Built1958
Lot Size62X123

Location

CountyCook
TownshipNiles
Zip Code60076

Financial

List Price$799,900
Annual Taxes (2023)$17,929
Monthly Tax Est.$1,494
Parcel #10272060470000
Interior Features

Heating

Natural Gas

Basement

FinishedFull
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public SewerStorm Sewer

Water Source

Lake Michigan

Parking

YesAttachedGarage
Tax & Financial
Annual Taxes
$17,929
Tax Year 2023
Monthly Tax Est.
$1,494
per month
Property Location

7941 Karlov Avenue, Skokie, IL 60076Cook County

$799,900
7941 Karlov Avenue
8 bd5 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
9 days on market
3-car garage
62X123
$17,929/yr taxes
$5,698
estimated monthly payment
Principal & Interest
$4,204/mo
Property Tax
$1,494/mo
$799,900
20% — $159,980
3%50%
6.875%
3%12%
Loan Amount
$639,920
Down Payment
$159,980

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

Listed by
HomeSmart Realty Group
Agent: Bert Gor
Similar Homes

You May Also Like

Keep Exploring

Find Your Perfect Home

Browse available listings in Skokie and across the North Shore.

Also popular on the North Shore

REALTOR® Logo
Equal Housing Opportunity LogoEqual Housing Opportunity

Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy.

© 2026 MLS GRID. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use.