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.
Contingent
$720,000
4825 N Karlov Ave, Chicago, IL 60630
4beds
--sqft
Est.:
Multi Family
Built in 1922
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Functional layoutsQuiet tree-lined streetExposed brickLarge bedroomsGenerous bedroom sizesTwo bathroomsSpacious two-car detached garage
- 72 days
- on Zillow |
- 54 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: July 04, 2025 at 03:47pm
Listing courtesy of:
Brianna Zdravkovic 847-312-6043,
Second City Real Estate
Source: MRED as distributed by MLS GRID,MLS#: 12397032

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 5
Heating
- Natural Gas, Forced Air, Sep Heating Systems - 2+
Appliances
- Included: Multiple Water Heaters
Features
- Basement: Finished,Full
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Garage Door Opener, Garage, On Site, Garage Owned, Detached, Off Alley, Owned
- Garage spaces: 2
- Has uncovered spaces: Yes
Lot
- Size: 4,158 Square Feet
- Dimensions: 33X126
Details
- Parcel number: 13104270100000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1922
- Major remodel year: 2014
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $378,870
- Annual tax amount: $8,022
- Date on market: 6/18/2025
- Ownership: Fee Simple
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