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2-Unit Duplex with Garage

4516 N Karlov Avenue, Chicago, IL 60630

For Sale
New
$749,900

Both residences include in-unit laundry, while the property also offers separate utilities and outdoor space.

Property SizeContact for details
Days on Market6

Property Features for 4516 N Karlov Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype MULTI_FAMILY

Site & Location

Neighborhood Archer Heights
Highway Access Yes
Public Transit Yes

Units

Unit Mix 1 x 4BR/2BA duplex, 1 x 2BR/1BA with den
Multifamily Units 2
Individually Metered Utilities unspecified utilities

Taxes and HOA fees

Annual Taxes $4,592

Amenities

large casement windows
hardwood flooring
stainless steel appliances
in-unit laundry
central air conditioning
yard space

Building Details

Year Built 1890
Buildings 1
Listing Agency: Blue Door Dave Inc
Listed By: Jaskirat Vig · License IL #475193845
Source: Cnetproperties
Added: Nov 9 Changed: Nov 12 Last Checked: Nov 12 at 2:16PM

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 Blue Door Dave Inc

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Investment Insights

Based on property information with market context.

Built in 1890, this two-unit property includes a duplex-up residence and a second apartment. The upper-level unit has four bedrooms, two full bathrooms, and an additional family or den area; the other apartment offers two bedrooms, one bathroom, and a den. Both homes feature hardwood floors, open kitchens, stainless steel appliances, central air conditioning, and in-unit laundry. Large casement windows, volume ceilings, and skylights bring natural light into the living spaces. Utilities are separate.

The extra-wide lot provides yard area, with a detached two-car garage and newly installed concrete at the front and rear. Bus service, the Blue and Brown Line trains, an expressway, and shopping are accessible from the property; downtown is minutes away.

Key Highlights

  • Two residences: a four‑bedroom, two‑bathroom duplex‑up and a two‑bedroom, one‑bathroom apartment
  • Detached two‑car garage on an extra‑wide lot with yard space
  • Both apartments have in‑unit laundry, central A/C, and separate utilities

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

761
Businesses Nearby

Demographics for 60630, IL

54,064
Population
23,393
Households
2.3
Avg Household Size
40
Median Age
44%
College-Educated
91%
High-School Grad
4.7 sq mi
ZIP Area
11,503
Density / Sq Mi
$97,134
Median Household Income
$54,576
Median Earnings
$1,357
Median Rent
$362,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Duplexes in Chicago

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences include in-unit laundry, while the property also offers separate utilities and outdoor space.
Where is this duplex located?
The property is located at 4516 N Karlov Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Two residences: a four‑bedroom, two‑bathroom duplex‑up and a two‑bedroom, one‑bathroom apartment; Detached two‑car garage on an extra‑wide lot with yard space; Both apartments have in‑unit laundry, central A/C, and separate utilities
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