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1425 S Karlov Avenue

Chicago, IL 60629
  • $869,000
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: 11781835
UPDATED: 5 min ago
$869,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2011
County:

School Ratings & Info

Description

Great Investment opportunity to purchase both brick 3-unit buildings located at 1423 S. Karlov Ave and 1425 S. Karlov Ave. All 6 units are rented, and both buildings were built in 2011 and are being sold together under the same PIN, which offers great value to potential buyers. Each unit features separate utilities, 3 bedrooms, 1 bath, in-unit laundry in most units, a spacious living room, and an eat-in kitchen. Additionally, the buildings have 9ft ceilings throughout. Private parking is included in the rear of the building, which is a great convenience for tenants. Another great feature of these buildings is that they have central air conditioning and gas forced heat, which can be attractive to potential renters who want to live in a comfortable, modern building. Overall, this investment property has the potential to provide instant cash flow and is definitely worth considering for anyone looking to invest in real estate.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2023-06-01T07:10:14.66 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1425 S Karlov Avenue Chicago, IL 60629

  • Price: $869,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 5 min ago
  • MLS #: 11781835
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2011
Built
Neighborhood:
Chi - North Lawndale
County:
Cook
Area:
Chi - North Lawndale
Property Description
Great Investment opportunity to purchase both brick 3-unit buildings located at 1423 S. Karlov Ave and 1425 S. Karlov Ave. All 6 units are rented, and both buildings were built in 2011 and are being sold together under the same PIN, which offers great value to potential buyers. Each unit features separate utilities, 3 bedrooms, 1 bath, in-unit laundry in most units, a spacious living room, and an eat-in kitchen. Additionally, the buildings have 9ft ceilings throughout. Private parking is included in the rear of the building, which is a great convenience for tenants. Another great feature of these buildings is that they have central air conditioning and gas forced heat, which can be attractive to potential renters who want to live in a comfortable, modern building. Overall, this investment property has the potential to provide instant cash flow and is definitely worth considering for anyone looking to invest in real estate.
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Frontage Type City Street Outdoor Parking 6-12 Spaces Parking Total 6

Interior Features

Cooling Central Air Heat Ventilation Central Heat/Indiv Controls Number Of Ranges 6

Property Features

Additional Parcels YN No Approximate Age 7-15 Years Built Before1978 YN No Current Use Multi-Family Gross Income 98028 Gross Scheduled Income 98028 Insurance Expense 4080 Maintenance Expense 0 Mls Actual Status Active Net Operating Income 78172 Operating Expense 8280 Tax Annual Amount 11576 Tax Year 2021 Tenant Pays Air ConditioningElectricityHeatHot Water Total Monthly Income 8169 Type Multi Family 5+ Zoning Multi

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Re/Max 10: 708-857-1500.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2023-06-01T07:10:14.66 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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