3-Unit Triplex with Rear
New
For Sale
$200,000
1851 N Karlov Avenue, Chicago, IL 60639
Residential Income, Chicago, IL
Property SizeContact for details
Days on Market5
Property Features for 1851 N Karlov Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 7, Basement, Bathroom 2, Bedroom 1
Parking
2
Basement
Full, Finished
Elementary school district
299
Middle school district
299
High school district
299
Directions
North Ave to Karlov Ave, North to 1851
Subdivision
CHI - Hermosa
Standard status
Active
APN
13344140020000
Additional Details
Individually Metered Utilities
gas, electricity
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3896
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Electric (Heating)
Water source
Public
Building Details
Year built
1903
Building materials
Vinyl Siding, Frame
Buildings
1
Listing Agency:
Compass
(773) 466-7150
Listed By:
Benyamin Lalez
Added: Oct 28
Changed: Oct 31
Last Checked: Nov 1 at 1:06AM
MLS# 12795522
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.
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Investment Insights
Based on property information with market context.
This Chicago triplex contains three residences: a first-floor 3-bedroom, 1-bath unit, a second-floor 2-bedroom, 1-bath unit, and a garden-level 2-bedroom, 1-bath unit. Each has its own furnace and gas and electric meter; two water heaters serve the building. A gated parking area behind the property accommodates two cars. Built in 1903, the building has frame construction with vinyl siding and is served by public water and sewer.
The property is five blocks on foot from a Metra station. Parks and restaurants along Armitage Avenue are also nearby. Delivery is planned with all three units vacant, and the sale is as-is. The seller does not represent that the garden-level unit is legal or conforming; buyers should confirm zoning and the unit count.
The property is five blocks on foot from a Metra station. Parks and restaurants along Armitage Avenue are also nearby. Delivery is planned with all three units vacant, and the sale is as-is. The seller does not represent that the garden-level unit is legal or conforming; buyers should confirm zoning and the unit count.
Key Highlights
- Three residences with bedroom counts of 3, 2, and 2; each has 1 bath
- Individual gas meters, electric meters, and furnaces for all three units
- Gated rear parking accommodates two cars
Property Analytics
Who owns this building?
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Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,451
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Triplex - Three separate heating systems and individual gas and electric meters support independent utility service for each residence.
Where is this triplex located?
The property is located at 1851 N Karlov Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Three residences with bedroom counts of 3, 2, and 2; each has 1 bath; Individual gas meters, electric meters, and furnaces for all three units; Gated rear parking accommodates two cars
