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7 Beds
3 Baths

$200,000

1851 N Karlov Avenue, Chicago IL, 60639

Built in1903
Property typeMulti-family
Listed by Benyamin Lalez with Compass 773-466-7150

Overview

Active

New

Listed Oct 28, 2026

Updated 9 min ago

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.

$1,331/mo

Est. mortgage payment based on a $200,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12795522

Interior Features

Bedrooms
7
Bathrooms
3
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$3,896
Tax Frequency
Annually
Municipality
West Chicago
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Listed by Benyamin Lalez with Compass 773-466-7150

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Bobby Ray Bunch are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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Data is refreshed every 3 hours. Listing last updated 9:04 PM UTC on 10/30/2026. 

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