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  • $687,500

    5623 N Karlov Ave, Chicago, IL 60646

    6beds
    --sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $690,200 Zestimate®
    $--/sqft
    $2,666 Estimated rent

    What's special

    Discover a fully renovated legal 3-unit (Zoning Certification Available) building in the highly sought-after Sauganash School District, offering condo-quality finishes throughout. Each unit is thoughtfully designed with custom kitchen cabinetry, high-end stainless steel appliances, quartz countertops, and Grohe faucets, ensuring both style and functionality. Custom closets provide ample storage, while bathrooms are elegantly finished with a combination of Carrara and Calacatta Gold marble tile, adding a touch of luxury. This meticulously maintained property features three HVAC systems with individual furnaces and condensers, updated electrical with four separate panels, and copper plumbing throughout. The building also boasts newer water heaters, vinyl windows, and a newer roof, ensuring long-term durability and efficiency. The exterior is equally impressive, featuring two spacious outdoor decks, a concrete patio, and an outdoor shed, providing ample space for relaxation and entertainment. A three-car garage offers convenient parking, while a multi-lock key entry system enhances security. The property also includes a dedicated laundry room with two coin-operated washers and dryers, adding extra convenience for tenants. This versatile building offers multiple possibilities-it can serve as a lucrative Airbnb or short-term rental, a multi-generational living space, or a traditional income-generating rental. Tenants pay all utilities except for cold water. Whether you're an investor looking for strong rental potential or an owner-occupant seeking a flexible, modern property, this is an outstanding opportunity. Schedule your showing today!

    Zillow last checked: 7 hours ago

    Listing updated: June 18, 2025 at 10:55am

    Listing courtesy of:

    Giancarlo Bargioni 773-250-0400,

    Dream Town Real Estate,

    Ewa O'Connor 312-859-6316,

    Dream Town Real Estate

    Bought with:

    Non Member

    NON MEMBER

    Source: MRED as distributed by MLS GRID,MLS#: 12308663MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas, Forced Air
    Features
    • Windows: Screens
    • Basement: Finished,Full,Daylight

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage Door Opener, On Site, Garage Owned, Detached, Garage
    • Garage spaces: 3
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Deck, Patio
    • Exterior features: Balcony
    Lot
    • Size: 3,750 sqft
    • Dimensions: 30X125
    Details
    • Additional structures: Shed(s)
    • Parcel number: 13034120080000
    • Zoning: MULTI
    • Special conditions: None
    • Other equipment: Sump Pump

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family
    Materials
    • Frame
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1920
    • Major remodel year: 2022

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $690,200
    2% more+ $13,804
    With Zillow Showcase(estimated)
    $704,004