Chicago, IL 60623,1300 S KARLOV Avenue
Chicago, IL 60623,1300 S KARLOV Avenue
Chicago, IL 60623,1300 S KARLOV Avenue
Chicago, IL 60623,1300 S KARLOV Avenue
Chicago, IL 60623,1300 S KARLOV Avenue
Chicago, IL 60623,1300 S KARLOV Avenue
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Amber Holup

Amber Holup

+1(708) 870-6835
Listed by Victor Jimenezof Berkshire Hathaway HomeServices American Heritage
$ 1,850,000
Est. payment | /mo
Save
$ 1,850,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12418660

Year Built 1927

Annual Tax Amount $24,627

Tax Year 2023

Lot Dimensions 50X125

Property Sub-Type Multi Family 5+

Property Description

Discover an exceptional investment opportunity with this 17-unit brick building that delivers immediate income potential. This well-maintained property features individual furnaces and separate water heaters in each unit, ensuring tenant comfort while minimizing owner expenses. The building showcases thoughtful updates throughout, including modernized kitchens and bathrooms, updated electrical service, and quality copper plumbing that stands the test of time. Recent improvements include professional roof maintenance with silver coating and newer vinyl windows that enhance both energy efficiency and curb appeal. Each spacious two-bedroom, one-bathroom unit offers generous living areas and large bedrooms that tenants love. The solid brick construction provides durability and timeless appeal while maintaining excellent occupancy rates. This turnkey investment requires no immediate property improvements, making it perfect for investors seeking steady cash flow from day one. The building's proven track record of high occupancy rates and premium rents speaks to its desirable location and quality management potential.

Location

State IL

County Cook

Zoning MULTI

Rooms

Basement Exterior Entry, Bath/Stubbed

Interior

Cooling None

Fireplace Y

Exterior

View Y/N true

Building

Foundation Block, Concrete Perimeter

Structure Type Brick

Others

HOA Fee Include None

Midwest Real Estate Data (MRED) VOW
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
NEARBY SCHOOLS & PROPERTIES
SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Cardenas Elementary School

    Public | PK - 3

  • 8

    Zapata Elementary School

    Public | PK - 8

  • 8

    Mitchell Elementary School

    Public | PK - 8

  • 7

    Locke a Elementary Charter Academy

    Public | PK - 8

  • 7

    Burroughs Elementary School

    Public | PK - 8

  • 6

    Frazier Perspectives Magnet Elementary School

    Public | KG - 8

  • 6

    Casals Elementary School

    Public | KG - 8

  • 5

    G. Clark Elementary School

    Public | PK - 8

  • 5

    Ellington Elementary School

    Public | PK - 8

  • 5

    Horizon Science Academy-Belmont

    Public | KG - 8

  • 5

    Liberty Elementary School

    Public | PK - 3

  • 5

    Hefferan Elementary School

    Public | PK - 8

  • 5

    Sumner Elementary School

    Public | PK - 8

  • 5

    C. Hughes Elementary School

    Public | PK - 8

  • 5

    Corkery Elementary School

    Public | KG - 8

  • 5

    Nobel Elementary School

    Public | KG - 8

  • 5

    Webster Elementary School

    Public | PK - 8

  • 5

    Whitney Elementary School

    Public | PK - 8

  • 5

    Gary Elementary School

    Public | 3 - 8

  • 5

    Little Village Elementary School

    Public | PK - 8

Middle Schools 4
  • 5

    Clark Academy Preparatory Magnet High School

    Public | 7 - 12

  • 3

    Unity Jr High School

    Public | 7 - 8

  • 2

    Madero Middle School

    Public | 6 - 8

  • 0

    Iyc Chicago

    Public | 6 - 12

High Schools 20
  • 9

    Westinghouse High School

    Public | 9 - 12

  • 8

    Phoenix Military Academy High School

    Public | 9 - 12

  • 6

    World Language High School

    Public | 9 - 12

  • 6

    Crane Medical Preparatory High School

    Public | 9 - 9

  • 5

    Infinity Math, Science and Technology High School

    Public | 9 - 12

  • 5

    North Lawndale Charter High School

    Public | 9 - 12

  • 5

    Clemente Community Academy High School

    Public | 9 - 12

  • 4

    Douglass Academy High School

    Public | 9 - 12

  • 4

    Austin Business & Entrepreneurship High School

    Public | 9 - 12

  • 4

    Marshall Metropolitan High School

    Public | 9 - 12

  • 4

    Spry Community Links High School

    Public | 9 - 12

  • 4

    Manley Career Academy High School

    Public | 9 - 12

  • 4

    Ihsca Charter High School

    Public | 9 - 12

  • 3

    School of Social Justice High School

    Public | 9 - 12

  • 2

    Austin Polytechnical Academy High School

    Public | 9 - 12

  • 2

    Raby High School

    Public | 9 - 12

  • 1

    J Sterling Morton East High School

    Public | 10 - 12

  • 1

    Voise Academy High School

    Public | 9 - 12

  • 1

    J Sterling Morton Freshman Center

    Public | 9 - 9

  • 1

    Multicultural Academy of Scholarshp High School

    Public | 9 - 12

School and business data provided by Attom Data.
Amber Holup

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(708) 870-6835

amber@thehnghomes.com

9755 W 143rd St., Park, IL

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1300 S KARLOV Avenue