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    2625 S Karlov Ave Chicago, IL 60623

    New
    For Sale
    $119,900

    Residential Income - Chicago, IL

    Days on Market:
    6
    Last Refresh:
    Dec 6 at 2:06 pm

    Property Features for 2625 S Karlov Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    APN
    16274060140000

    Utilities

    Heating system
    Natural Gas

    Building Details

    Architectural style
    Other

    NellyCorp Realty (773) 929-1200 [email protected]

    Listing agent Diego Lagunas (773) 929-1200 License #475178131

    Listing date Dec 1, 2025

    MLS# 12525468 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    South Lawndale Investment Opportunity

    Located in the South Lawndale neighborhood, this property presents an investment opportunity. The property features a traditional layout typical for the area. Its location offers convenient access to shopping, schools, and public transit. The property is sold as-is. Buyers are advised to verify unit details, room counts, and sizes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.726617
    Latitude
    41.8434272

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    FAQs

    What type of property is this?
    Single family property - Investment property in South Lawndale near shopping and transit.
    Where is this single family property located?
    The property is located at 2625 S Karlov Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $119,900.
    What are key features of this property?
    This property features: - Prime investment opportunity.; - Located in the South Lawndale neighborhood.; - Conveniently located near shopping.
    (773) 929-1200
    Request Owner's contact information
    2625 S Karlov Ave Chicago, IL 60623
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    Chicago, IL 60623
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2625 S Karlov Ave Chicago, IL 60623
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