$720,000
4825 N karlov Avenue
Chicago, IL, 60630
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.
Property Details
Price:
$720,000
MLS #:
MRD12397032
Status:
Active
Beds:
4
Baths:
5
Address:
4825 N karlov Avenue
Type:
Multi Family
Neighborhood:
CHI – Albany Park
City:
Chicago
Listed Date:
Jun 18, 2025
State:
IL
ZIP:
60630
Year Built:
1922
Schools
School District:
299
Interior
Heating
Natural Gas, Forced Air, Sep Heating Systems – 2+
Exterior
Construction Materials
Brick
Parking Features
Garage Door Opener, Garage, On Site, Garage Owned, Detached, Off Alley, Owned
Parking Spots
4
Financial
Tax Year
2023
Taxes
$8,022
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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4825 N karlov Avenue
Chicago, IL
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