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Renovated Duplex with Finished Attic
For Sale
Under Contract
$290,000

1642 S KARLOV Avenue, Chicago, IL 60623

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market193

Property Features for 1642 S KARLOV Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 7, Bedroom 5, Bedroom 4, Bedroom 6, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 1
Elementary school district 299
Middle school district 299
High school district 299
Directions PULASKI TO 16TH ST. WEST TO KARLOV THEN SOUTH TO PROPERTY
Subdivision CHI - North Lawndale
Standard status Active Under Contract
APN 16224050390000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 4033

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air

Building Details

Building materials Vinyl Siding, Brick
Roof type Asphalt
Listing Agency: REMAX Legends · RE/MAX International
Listed By: Jorge Luna · License #475101633
Added: Feb 10 Changed: Aug 20 Last Checked: Aug 22 at 4:06AM
MLS# 12565837

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 beautifully renovated duplex is described as a 2-flat with a duplex to attic, with updates throughout. Newly replaced items include windows, vinyl siding, wooden fence, garage slab, flooring, and some doors. The electrical system has been upgraded, the interior has been freshly painted, and the home includes newer front metallic stairs and new stainless-steel appliances. A full finished attic features an additional room, providing extra usable space.

The property is built with brick and vinyl siding, and it has forced-air heating using natural gas. The roof is listed as asphalt, and sewer service is public sewer.

This is a for-sale listing; the property is noted as not for rent.

Key Highlights

  • Full finished attic with an additional room
  • New windows, vinyl siding, and fresh interior paint
  • Upgraded electrical system and newly replaced flooring throughout

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Acupuncture Carpet & Flooring Store (Bike/Boat/Book/etc) 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,048
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Renovated brick duplex with a full finished attic and upgraded electrical system.
Where is this duplex located?
The property is located at 1642 S KARLOV Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Full finished attic with an additional room; New windows, vinyl siding, and fresh interior paint; Upgraded electrical system and newly replaced flooring throughout
More about this property
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