Chicago, IL 60630 4825 N karlov Avenue
$720,000



29 more






























Presented By: Second City Real Estate
Home Details
Don't miss this fully occupied, all-brick two-flat with a finished garden unit, ideally situated on a quiet, tree-lined street in one of Chicago's most vibrant neighborhoods. Current rents are $6,155 a month with room to improve! Unit 2 is a 2 bed + office with 2 baths rented to long term tenant for $1,780 till July 2026. Unit 1 is a 2 bed with 2 baths rented for $2,100 exp 6/30/25. Unit G is a 3 bed with 1 bath rented for $1,825 exp 7/31/25. Garage and parking pad rented for $450 on a MTM lease. Meticulously maintained and fully renovated in 2014, this building features three spacious, sun-filled units-each offering functional layouts, generous bedroom sizes, and updated finishes throughout. Modern kitchens boast granite countertops and stainless steel appliances, while each unit enjoys in-unit laundry and separate utilities for added convenience. The top floor has exposed brick, a separate sunroom/office, and two large bedrooms with two bathrooms. The first floor features a similar layout with the sunroom open to the living room. The garden unit is a three bedroom 1 bathroom with open concept layout. The property also includes a spacious two-car detached garage with tandem exterior parking rented for $450 a month, providing ample parking and storage. North Mayfair is one of the city's most vibrant and culturally rich neighborhoods. Known for its beautiful tree-lined streets, eclectic mix of global cuisines, and strong sense of community, North Mayfair offers the perfect blend of urban convenience and neighborhood charm. With easy access to 90/94 and the CTA Brown Line, scenic parks like Gompers Park, Eugene Field, River Park, and an ever-growing mix of locally owned shops, cafes, and markets, it's easy to see why North Mayfair continues to attract homeowners, renters, and investors alike. Whether you're looking for a quiet residential block or a buzzing commercial corridor, North Mayfair offers something for everyone. Whether you're an investor seeking reliable rental income or an owner-occupant looking to offset your mortgage, this turnkey building offers strong returns in a rapidly appreciating area.
Presented By: Second City Real Estate
Interior Features for 4825 N karlov Avenue
Bedrooms
Bedrooms Possible4
Total Bedrooms4
Bathrooms
Full Baths Building5
Half Baths Building
Total Baths5
Other Interior Features
BasementFinished, Full
Total Number of Units2
General for 4825 N karlov Avenue
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CountyCook
DirectionsLAWRENCE TO KARLOV, WEST OF PULASKI & NORTH TO PROPERTY
Electric Expense762
Elementary School District299
Garage Spaces2
HeatingNatural Gas, Forced Air, Sep Heating Systems - 2+
High School District299
MLS AreaCHI - Albany Park
Middle/Junior School District299
ModificationTimestamp2025-07-04T22:47:01.687Z
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount8022
Tax Year2023
Total Rooms16
TownshipJefferson
Virtual TourClick here
Water Sewer Expense2869
Year Built1922
ZoningMULTI
Exterior for 4825 N karlov Avenue
BuyerOfficeFax(773) 635-0009
Lot Dimensions33X126
Other EquipmentMultiple Water Heaters
Parking FeaturesGarage Door Opener, Garage, On Site, Garage Owned, Detached, Off Alley, Owned
Total Parking4
Water SourceLake Michigan
Waterfront Y/NNo
Additional Details
Price History
