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1622 South Karlov Avenue, Chicago, IL, 60623
Vacant 3-Unit Income Triplex

1622 South Karlov Avenue Chicago, IL 60623

For Sale
$490,000

Fully vacant, move-in-ready three-unit building with coin laundry and a rear 2-car parking slab.

Days on Market9

Property Features for 1622 South Karlov Avenue

General Information

Standard status
Active
Property subtype
Two to Four Units / 3 Flat

Building Details

Year Built
1908
Listing Agency: eXp Realty
Listed By: John Klick · License #475182988
Source: Compass
Added: Jul 16 Changed: Jul 21 Last Checked: Jul 23 at 10:16AM

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 eXp Realty


Investment Insights

Based on property information with market context.

This fully vacant, move-in-ready three-unit triplex offers an owner immediate occupancy and/or income flexibility. Unit 1 is a 2-bedroom, 1-bath layout, while Units 2 and 3 each provide 3-bedroom, 1-bath floor plans. The building also includes a convenient coin-operated laundry area. A 2-car parking slab is located in the rear.

The property is situated in North Lawndale and is described as being near schools, parks, shopping, restaurants, public transportation, and major expressways.

With all units currently vacant, a buyer can move right in and/or establish new rental terms upon purchase.

Key Highlights

  • Fully vacant, move‑in‑ready 3‑unit building with all units available for immediate rental or owner occupancy
  • Year built 1908
  • Unit mix: Unit 1 has 2 bed/1 bath; Units 2 and 3 each have 3 bed/1 bath

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store Tech Support Center Home Appliance Store Nursing Home Nursing Home Computer & Electronic Repair Gym & Fitness Center

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

FAQs

What type of property is this?
Triplex - Fully vacant, move-in-ready three-unit building with coin laundry and a rear 2-car parking slab.
Where is this triplex located?
The property is located at 1622 South Karlov Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Fully vacant, move‑in‑ready 3‑unit building with all units available for immediate rental or owner occupancy; Year built 1908; Unit mix: Unit 1 has 2 bed/1 bath; Units 2 and 3 each have 3 bed/1 bath
More about this property
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