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$ 200,000
Est. payment /mo
Open Fri 5PM-6PM
1851 N Karlov AVE Chicago, IL 60639
7 Beds
3 Baths
Open House
Fri Oct 30, 5:00pm - 6:00pm
Sat Oct 31, 11:00am - 12:30pm
Sun Nov 01, 11:00am - 12:30pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12795522
Bedrooms 7
Year Built 1903
Annual Tax Amount $3,896
Tax Year 2025
Lot Dimensions COMMON
Property Sub-Type Two to Four Units
Property Description
An excellent investment opportunity in the heart of Hermosa. This three-unit building, classified by Cook County as a three-flat, has been owned by the same family for many years and offers versatile layouts with the opportunity to add value through updates. The first-floor unit offers 3 bedrooms and 1 full bath, the second-floor unit features 2 bedrooms and 1 full bath, and the garden level includes 2 bedrooms and 1 full bath. Each unit has its own gas meter, electric meter, and furnace, with two water heaters serving the building. A gated rear parking pad provides off-street parking for two cars. The building will be delivered vacant at closing, so you can renovate, set your own rents, or owner-occupy. It's a five-block walk from the Metra station, with nearby parks and authentic restaurants along Armitage Avenue. Property sold as-is. No rent roll available. The seller makes no representation regarding the legality or conforming status of the garden unit. Buyer to verify zoning and unit count.
Location
State IL
County Cook
Area Chi - Hermosa
Rooms
Basement Finished, Full
Interior
Heating Gas, Electric
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Vinyl Siding,Frame, No
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Vinyl Siding,Frame
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None

© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Benyamin Lalez of Compass
NEARBY SCHOOLS & PROPERTIES

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