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Three-Unit Residential Income Property
For Sale
Contact for pricing
Pending

2139 North Karlov Avenue, Chicago, IL 60639

Legal three-unit building with separate heat for each unit, basement laundry, and rear open parking.

Property SizeContact for details
Days on Market146

Property Features for 2139 North Karlov Avenue

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 3

Amenities

laundry in basement
open parking

Building Details

Stories 3
Tenancy Multi
Listing Agency: Compass
Listed By: Elizabeth Pyle · License #IL 475156314
Source: Crexi
Added: Apr 12 Changed: Jul 22 Last Checked: Sep 1 at 6:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Investment Insights

Based on property information with market context.

This legal three-unit residential income property features separate heat for each unit. The first floor is brick, while the 2nd and 3rd floors are finished with siding. Additional design elements include side bays, and the building includes laundry in the basement, with open parking available in the rear.

Located at 2139 North Karlov Avenue in Chicago, the property offers walkable access to a park, grocery stores, shops, and other nearby conveniences, with immediate access to surrounding amenities.

A neighboring lot is also listed for sale (MLS 11191299), which may be of interest to buyers considering expansion options. The seller notes that adding central air could be considered to support rental value enhancements.

Key Highlights

  • Legal 3‑unit building with separate heat for each unit
  • Basement laundry
  • Rear open parking

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Skin Care Clinic Acupuncture Nursing Home Catering Service Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,476
Businesses Nearby

Demographics for 60639, IL

89,543
Population
28,656
Households
3.1
Avg Household Size
34
Median Age
15%
College-Educated
69%
High-School Grad
5.0 sq mi
ZIP Area
17,909
Density / Sq Mi
$59,710
Median Household Income
$34,846
Median Earnings
$1,212
Median Rent
$289,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Legal three-unit building with separate heat for each unit, basement laundry, and rear open parking.
Where is this triplex located?
The property is located at 2139 North Karlov Avenue Chicago, IL.
What are key features of this property?
This property features: Legal 3‑unit building with separate heat for each unit; Basement laundry; Rear open parking
More about this property
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