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Duplex Property With Two-Car Garage
New
For Sale
$435,000

4602 N Karlov Avenue, Chicago, IL 60630

Two-unit residential property offers distinct living areas, shared laundry, outdoor space, and owner-occupant flexibility.

Property SizeContact for details
Days on Market6

Property Features for 4602 N Karlov Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype MULTI_FAMILY

Units

Unit Mix 1 x 3BR, 1 x 2BR
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $5,875

Amenities

deck
laundry room

Building Details

Year Built 1904
Buildings 1
Listing Agency: HomeSmart Realty Group
Listed By: Katharine Sanderson · License #475173589
Source: Harkinsandassociates
Added: Sep 6 Changed: Sep 10 Last Checked: Sep 10 at 6:18AM

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 HomeSmart Realty Group

Investment Insights

Based on property information with market context.

Built in 1904, this two-unit residential property includes a larger duplex-up residence and a garden/first-floor unit. The upper unit has two bedrooms, a family room, dining area, kitchen, and access to a deck on the main level, plus a second-floor bedroom with an ensuite bathroom. The lower unit provides two bedrooms, a family room, dining area, kitchen, and bathroom.

An interior connection leads to shared laundry facilities. The property also includes a backyard and a two-car garage. Located on N Karlov Avenue in Chicago’s Albany Park, the layout supports owner occupancy with rental income, while the existing configuration also provides a basis for considering conversion to a single-family residence.

Key Highlights

  • Two‑unit property built in 1904
  • Duplex‑up unit includes three bedrooms, family room, dining area, kitchen, deck, and ensuite bathroom
  • Garden/first‑floor unit includes two bedrooms, family room, dining area, kitchen, and bath

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Hotel & Motel Butcher Skin Care Clinic Bed & Breakfast

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,901
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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Two-unit residential property offers distinct living areas, shared laundry, outdoor space, and owner-occupant flexibility.
Where is this duplex located?
The property is located at 4602 N Karlov Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Two‑unit property built in 1904; Duplex‑up unit includes three bedrooms, family room, dining area, kitchen, deck, and ensuite bathroom; Garden/first‑floor unit includes two bedrooms, family room, dining area, kitchen, and bath
More about this property
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