Corcoran Urban Real Estate
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26 Properties Within 0.5 miles of: 1300 S Karlov, Chicago

1300 S Karlov
Chicago, IL 60623

  • Built In 1927
Price

$1,900,000

Est Payment
$12,124 / month (details)  
Taxes
$24,627  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
50X125  
Built
1927  
Neighborhood
Lawndale  
MLS
#12418660
Status
Active (1 day)

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.

Property Map

Property Details

Utilities

  • Heating
  • Cooling None
  • Water
  • Sewer

Additional Information

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

07-13-2025 Listed at $1,900,000
Last Modified 7/15/25 10:31 AM

Nearby Transportation

  • Bus 12 0.1 mi
  • Bus 53 0.1 mi
  • Bus 18 0.4 mi
  • Bus 7 0.5 mi
  • Bus 82 0.7 mi
  • Bus 157 0.7 mi
  • Bus 126 0.8 mi
  • Bus 54 0.9 mi
  • Bus 21 0.9 mi
  • Bus 57 1.0 mi
  • Bus 54B 1.0 mi
  • Bus 20 1.1 mi
  • Bus 52 1.1 mi
  • Bus 60 1.2 mi
  • Blue Line 0.7 mi
  • Pink Line 0.7 mi
  • I 290 East 0.7 mi
  • I 290 West 0.8 mi
  • I 55 South 2.7 mi
  • I 55 North 2.7 mi
  • I 90 East 4.2 mi
  • I 94 East 4.2 mi
  • I 90 West 4.2 mi
  • I 94 West 4.2 mi
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