3-Unit Brick
For Sale
$470,000
1622 S Karlov Avenue, Chicago, IL 60623
Residential Income, Chicago, IL
Property SizeContact for details
Days on Market40
Property Features for 1622 S Karlov Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
8
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 4, Bedroom 8, Bedroom 3, Basement, Bedroom 1, Bedroom 6, Bedroom 7, Bathroom 1, Bathroom 3, Bedroom 2, Bedroom 5, Bathroom 2
Parking
4
Parking features
Owned
Basement
Full, Finished
Elementary school district
299
Middle school district
299
High school district
299
Directions
16TH ST EAST/WEST TO KARLOV SOUTH TO ADDRESS
Subdivision
CHI - North Lawndale
Standard status
Active
APN
16224050320000
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
3630
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Amenities
coin-operated laundry
Building Details
Year built
1908
Building materials
Brick
Listing Agency:
Pearson Realty Group
(773) 325-2800
Listed By:
John Klick · License #475182988
(773) 221-4330
Added: Aug 24
Changed: Sep 25
Last Checked: Oct 2 at 8:06AM
MLS# 12741619
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This brick triplex, built in 1908, contains three occupied apartments. The first has two bedrooms and one bathroom; the other two each have three bedrooms and one bathroom. Forced-air heating and public sewer serve the property, and a coin-operated laundry area is provided for residents.
A rear parking slab accommodates four cars. The property is zoned MULTI and is near schools, parks, shopping, restaurants, public transportation, and major expressways.
A rear parking slab accommodates four cars. The property is zoned MULTI and is near schools, parks, shopping, restaurants, public transportation, and major expressways.
Key Highlights
- Three occupied units: one 2‑bedroom, 1‑bath apartment and two 3‑bedroom, 1‑bath apartments
- Brick construction; built in 1908
- Coin‑operated laundry area
Property Analytics
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Current Use
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,048
Businesses Nearby
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Business Placement
Demographics for 60623, IL
87,649
Population
31,300
Households
2.8
Avg Household Size
32
Median Age
14%
College-Educated
69%
High-School Grad
5.4 sq mi
ZIP Area
16,231
Density / Sq Mi
$44,040
Median Household Income
$32,642
Median Earnings
$1,054
Median Rent
$221,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - All three apartments are rented, with coin-operated laundry and rear parking on site.
Where is this triplex located?
The property is located at 1622 S Karlov Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: Three occupied units: one 2‑bedroom, 1‑bath apartment and two 3‑bedroom, 1‑bath apartments; Brick construction; built in 1908; Coin‑operated laundry area
