1851 N Karlov AVE, Chicago, IL 60639
1851 N Karlov AVE, Chicago, IL 60639
1851 N Karlov AVE, Chicago, IL 60639
1851 N Karlov AVE, Chicago, IL 60639
1851 N Karlov AVE, Chicago, IL 60639
1851 N Karlov AVE, Chicago, IL 60639
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Legacy Properties

Legacy Properties

+1(224) 999-9100
$ 200,000
Est. payment | /mo

7 Beds

3 Baths

Save
$ 200,000
Est. payment | /mo
Save

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

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

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Benyamin Lalez of  Compass 

Nearby Locations

Legacy Properties

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

+1(224) 999-9100

managingbroker@legacypropertiesil.com

2325 Dean St, Suite 900, St Charles, Illinois 60175, USA

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1851 N Karlov AVE