Fully rehabbed and turn-key brick 3-flat in North Lawndale, featuring three spacious 2-bedroom, 1-bathroom units. This property has undergone an extensive renovation with improvements throughout the entire building. Updates include new kitchens, new bathrooms, new HVAC systems, new water heaters, new flooring, fresh paint and finishes, roof improvements, tuckpointing, and much more. The major capital improvements have been addressed, offering a tremendous opportunity for an investor or owner-occupant seeking a low maintenance, income producing property. Each unit offers a functional 2BR/1BA layout, providing comfortable living space along with updated kitchens and bathrooms. Each unit has individual furnace and water heater with separate utilities. The building also features rear porches and a full unfinished walk-out basement, providing additional storage and future potential, subject to zoning and permitting. Ideally situated in Chicago’s North Lawndale neighborhood, with convenient access to public transportation, neighborhood shopping, restaurants, parks and everyday amenities. The property is also conveniently located near CTA transportation and the I-290 Eisenhower Expressway, providing easy access to downtown Chicago and surrounding areas. Schedule your showing today and see the extensive improvements for yourself!
Property Details
Price:
$625,000
MLS #:
MRD12740704
Status:
Active
Beds:
6
Baths:
3
Type:
Multi Family
Neighborhood:
chinorthlawndale
Listed Date:
Aug 24, 2026
Year Built:
1915
See this Listing
Schools
School District:
299
Interior
Heating
None
Exterior
Community Features
Curbs, Sidewalks, Street Lights, Street Paved
Construction Materials
Brick
Fencing
Fenced, Wood
Other Structures
None
Roof
Flat
Window Features
Screens
Financial
Tax Year
2023
Taxes
$2,329
Map
Community
- Address1222 S Karlov Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60623
Market Summary
Current real estate data for Multi Family in Chicago as of Oct 05, 2026
1,359
Multi Family Listed
78
Avg DOM
$529,066
Avg List Price
Property Summary
- 1222 S Karlov Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60623. It is listed for $625,000
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Copyright 2026. All rights reserved.
1222 S Karlov Avenue
Chicago, IL


