4825 N karlov Avenue Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60630
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12397032
Bedrooms 4
Year Built 1922
Annual Tax Amount $8,022
Tax Year 2023
Lot Dimensions 33X126
Property Sub-Type Two to Four Units
Property Description
Don't miss this fully occupied, all-brick two-flat with a finished garden unit, ideally situated on a quiet, tree-lined street in one of Chicago's most vibrant neighborhoods. Current rents are $6,155 a month with room to improve! Unit 2 is a 2 bed + office with 2 baths rented to long term tenant for $1,780 till July 2026. Unit 1 is a 2 bed with 2 baths rented for $2,100 exp 6/30/25. Unit G is a 3 bed with 1 bath rented for $1,825 exp 7/31/25. Garage and parking pad rented for $450 on a MTM lease. Meticulously maintained and fully renovated in 2014, this building features three spacious, sun-filled units-each offering functional layouts, generous bedroom sizes, and updated finishes throughout. Modern kitchens boast granite countertops and stainless steel appliances, while each unit enjoys in-unit laundry and separate utilities for added convenience. The top floor has exposed brick, a separate sunroom/office, and two large bedrooms with two bathrooms. The first floor features a similar layout with the sunroom open to the living room. The garden unit is a three bedroom 1 bathroom with open concept layout. The property also includes a spacious two-car detached garage with tandem exterior parking rented for $450 a month, providing ample parking and storage. North Mayfair is one of the city's most vibrant and culturally rich neighborhoods. Known for its beautiful tree-lined streets, eclectic mix of global cuisines, and strong sense of community, North Mayfair offers the perfect blend of urban convenience and neighborhood charm. With easy access to 90/94 and the CTA Brown Line, scenic parks like Gompers Park, Eugene Field, River Park, and an ever-growing mix of locally owned shops, cafes, and markets, it's easy to see why North Mayfair continues to attract homeowners, renters, and investors alike. Whether you're looking for a quiet residential block or a buzzing commercial corridor, North Mayfair offers something for everyone. Whether you're an investor seeking reliable rental income or an owner-occupant looking to offset your mortgage, this turnkey building offers strong returns in a rapidly appreciating area.
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Finished,Full
Interior
Heating Natural Gas,Forced Air,Sep Heating Systems - 2+
Fireplace N
Exterior
Garage Spaces 2.0
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299,299,299
Others
Ownership Fee Simple
Special Listing Condition None
Virtual Tour https://my.matterport.com/show/?m=BJMBsyK58xK