1. Illinois
2. Chicago
3. 1300 S KARLOV Avenue

1300 S KARLOV Avenue, Chicago, IL 60623

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.

Listing Status:

Active

Listing Office:

Berkshire Hathaway HomeServices American Heritage : 847-364-6030

Listing Agent:

Victor Jimenez : 773-968-0238

MLS ID:

12418660

Interior

• Basement: Exterior EntryBath/Stubbed
• A/C: None
• Fireplace: Fireplaces: 0

Construction

Location

Lot

Financial

This listing courtesy of Victor Jimenez, Berkshire Hathaway HomeServices American Heritage