Commercial > Multi-family / Apartments
Active
3 days ago
List Price
$1,900,000
1300 Karlov Ave
Chicago, IL 60623
- -Bed
- -Bath
- -Living Area
- 6,300ft²Lot Size
- -Pool
- -Car
- 1927Year Built
- 2DOM
- 3Permits
1300 Karlov Ave, Chicago, IL 60623 is a multi-family/apartments property built in 1927 on a 0.145 acre lot with 3 construction permits. This multi-family/apartments is currently on the market for $1,900,000, and it was last sold in 2021 for $1,100,000.
MLS Description
The listing agent's description. Original Listing
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.
Listing Agents
The listing agent for 1300 Karlov Ave is Victor Jimenez.
VJ
Victor Jimenez
Berkshire Hathaway HomeServices American Heritage
License: 475157367
Phone: (847) 806-8336
Permits
1300 Karlov Ave has 3 permit records.
Permit History
3
Permits
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$24,627.64From latest Total Assessed Value21.17%Total Assessed Value$116,325=Land+
Assessed Value$6,615Additions
Assessed Value$109,710
In 2023, taxes billed for 1300 Karlov Ave were $24,627.64, which is 21.17% from latest Total Assessed Value of $116,325.
Property History
1300 Karlov Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 1300 Karlov Ave
Hazard Risks
Tornado247Wind188Hail183Particulates155Weather122Air Pollution115Ozone114Nat'l Avg100Carb Mono99Lead57Earthquake44Hurricane10
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 1300 Karlov Ave.
Walkability Index
12 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
1300 Karlov Ave has a walkability score of 12 out of 20, which means that it is in a somewhat walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
19°F
High
34°F
Summer
Average
Low
62°F
High
82°F
In the winter at 1300 Karlov Ave, temperatures range from 19.44°F to 34.02°F with an average of 26.73°F. In the summer, the temperature ranges from 62.29°F to 81.66°F with and average of 71.98°F.
School Information
Public/private schools serving 1300 Karlov Ave
Public Schools
C. Hughes Elementary School
Grades: PK-8
0.33 mi
D+
Manley Career Academy High School
Grades: 9-12
1.51 mi
F
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 1300 Karlov Ave have ratings undefined, and undefined.
Neighborhood
This property is located in North Lawndale, Chicago, IL 60623.
Seasonal Housing units 60623
1%of housing is for seasonal rent.
Daytime Population for 60623
-24%of people during work hours.
Crime Index for 60623
110
110
The crime index in 60623 is 110, which is 1.1 times higher than national average.
Market Trends
Historical market data near 1300 Karlov Ave over selected time period.
Nearby Properties on Karlov Ave
- 4609 S Karlov Ave, Chicago, IL 60632 (Archer Heights) is a 1,181 square foot, 3 bedroom, 2.25 bathroom, 0.09 acre property. It was built in 1929 and has an estimate of $290,381 with a price per ft² of $246.
- 4641 S Karlov Ave, Chicago, IL 60632 (Archer Heights) is a 1,232 square foot, 3 bedroom, 1 bathroom, 0.09 acre property. It was built in 1931 and has an estimate of $298,632 with a price per ft² of $242.
- 6526 S Karlov Ave, Chicago, IL 60629 (West Lawn) is a 928 square foot, 2 bedroom, 1 bathroom, 0.09 acre property. It was built in 1953 and has an estimate of $305,250 with a price per ft² of $329.
- 6534 S Karlov Ave, Chicago, IL 60629 (West Lawn) is a 1,927 square foot, 5 bedroom, 2 bathroom, 0.09 acre property.
- 6541 S Karlov Ave, Chicago, IL 60629 (West Lawn) is a 1,864 square foot, 4 bedroom, 2 bathroom, 0.09 acre property.
- 7955 S Karlov Ave, Chicago, IL 60652 (Bogan Manor) is a 1,255 square foot, 3 bedroom, 2.25 bathroom, 0.11 acre property. It was built in 1972 and has an estimate of $305,636 with a price per ft² of $244.
- 7959 S Karlov Ave, Chicago, IL 60652 (Bogan Manor) is a 1,222 square foot, 4 bedroom, 2.25 bathroom, 0.11 acre property. It was built in 1963 and has an estimate of $306,646 with a price per ft² of $251.
- 701 S Karlov Ave, Chicago, IL 60624 (East Side) is a 2,244 square foot, 5 bedroom, 2 bathroom, 0.07 acre property.
- 6338 N Karlov Ave, Chicago, IL 60646 (Forest Glen) is a 960 square foot, 2 bedroom, 2.25 bathroom, 0.09 acre property. It was built in 1957 and has an estimate of $399,519 with a price per ft² of $416.
- 6334 N Karlov Ave, Chicago, IL 60646 (Forest Glen) is a 1,028 square foot, 2 bedroom, 1 bathroom, 0.09 acre property. It was built in 1953 and has an estimate of $392,291 with a price per ft² of $382.
- 6330 N Karlov Ave, Chicago, IL 60646 (Forest Glen) is a 2,031 square foot, 2 bedroom, 3 bathroom, 0.09 acre property. It was built in 1953 and has an estimate of $803,765 with a price per ft² of $396.
- 6328 N Karlov Ave, Chicago, IL 60646 (Forest Glen) is a 1,260 square foot, 3 bedroom, 2 bathroom, 0.14 acre property. It was built in 1953 and has an estimate of $618,937 with a price per ft² of $491.
- 6318 N Karlov Ave, Chicago, IL 60646 (Forest Glen) is a 1,080 square foot, 3 bedroom, 1 bathroom, 0.14 acre property. It was built in 1949 and has an estimate of $552,611 with a price per ft² of $512.
- 6347 N Karlov Ave, Chicago, IL 60646 (Forest Glen) is a 1,132 square foot, 3 bedroom, 2.25 bathroom, 0.09 acre property. It was built in 1955 and has an estimate of $478,099 with a price per ft² of $422.
- 6341 N Karlov Ave, Chicago, IL 60646 (Forest Glen) is a 928 square foot, 2 bedroom, 1 bathroom, 0.09 acre property. It was built in 1952 and has an estimate of $430,908 with a price per ft² of $464.
- 6331 N Karlov Ave, Chicago, IL 60646 (Forest Glen) is a 1,368 square foot, 3 bedroom, 2.25 bathroom, 0.09 acre property. It was built in 1961 and has an estimate of $481,360 with a price per ft² of $352.
- 6327 N Karlov Ave, Chicago, IL 60646 (Forest Glen) is a 1,272 square foot, 3 bedroom, 2.25 bathroom, 0.09 acre property. It was built in 1955 and has an estimate of $514,871 with a price per ft² of $405.
- 6325 N Karlov Ave, Chicago, IL 60646 (Forest Glen) is a 965 square foot, 2 bedroom, 1 bathroom, 0.09 acre property. It was built in 1949 and has an estimate of $437,440 with a price per ft² of $453.
- 6138 N Karlov Ave, Chicago, IL 60646 (Crawford-Peterson) is a 1,313 square foot, 3 bedroom, 1 bathroom, 0.09 acre property. It was built in 1959 and has an estimate of $534,800 with a price per ft² of $407.
- 6132 N Karlov Ave, Chicago, IL 60646 (Crawford-Peterson) is a 1,140 square foot, 3 bedroom, 1 bathroom, 0.09 acre property. It was built in 1952 and has an estimate of $451,568 with a price per ft² of $396.
- 6128 N Karlov Ave, Chicago, IL 60646 (Crawford-Peterson) is a 1,366 square foot, 3 bedroom, 2.25 bathroom, 0.09 acre property. It was built in 1950 and has an estimate of $401,758 with a price per ft² of $294.
- 6112 N Karlov Ave, Chicago, IL 60646 (Crawford-Peterson) is a 1,239 square foot, 3 bedroom, 1 bathroom, 0.09 acre property. It was built in 1950 and has an estimate of $419,695 with a price per ft² of $339.
- 6108 N Karlov Ave, Chicago, IL 60646 (Crawford-Peterson) is a 2,412 square foot, 3 bedroom, 2 bathroom, 0.09 acre property. It was built in 1956 and has an estimate of $646,430 with a price per ft² of $268.
- 6128 N Karlov Ave, Chicago, IL 60646 (Crawford-Peterson) is a 1,366 square foot, 3 bedroom, 2.25 bathroom, 0.05 acre property. It was built in 1946 and has an estimate of $195,900 with a price per ft² of $143.
- 6112 N Karlov Ave, Chicago, IL 60646 (Crawford-Peterson) is a 1,239 square foot, 3 bedroom, 1 bathroom, 0.05 acre property. It was built in 1950 and has an estimate of $181,300 with a price per ft² of $146.
- View more properties on Karlov Ave