11824 S Karlov Avenue Alsip, IL ^$ 699,000

11824 S Karlov Avenue

^$ 699,000

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11824 S Karlov Avenue

Alsip, IL, 60803

^$ 699,000

Bedrooms11 Baths0.0

Monthly Estimate*

^$ 4,361

11824 S Karlov Avenue, Alsip, IL 60803 - Image 1

11824 S Karlov Avenue, Alsip, IL 60803 - Image 2

11824 S Karlov Avenue, Alsip, IL 60803 - Image 3

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11824 S Karlov Avenue, Alsip, IL 60803 - Image 5

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11824 S Karlov Avenue, Alsip, IL 60803 - Image 9

11824 S Karlov Avenue, Alsip, IL 60803 - Image 10

Multi-Family Home for sale in Alsip, IL

for $699,000 with 11 bedrooms. This home was built in 1968 on a lot size of 0.17.

Well Maintained 6 unit Building in Alsip. This building has five 2 bedroom units, and one 1 bedroom unit. Extra income from coin laundry monthly. Hallways have been painted in 2024.. Roof, gutters, and windows done within the last 12 years. Great investment opportunity!

Multi-Family Contingent

Price

^$ 699,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 14,474

Style

Lot Size

0.17

Year Built

1968

Town/City

Alsip

County/Region

Cook

MLS | Web ID

12383098

Features

General

Zoning MULTI

Year Built 1968

Tenant Pays Electricity

Stories Count 3

Township Worth

Tax Year 2023

Gross Income 78600

County Cook

Net Operating Income 50000

Operating Expense 16025

Insurance Expense 1820

Property Type Commercial Sale Multi Family 5+

Contingency Financing

MaintenanceExpense 1200

Status Contingent

Directions Take Ridgeland down to 115 than right into s Karlov Ave building is on your right.

City Alsip

Number Of Units Total 6

MLS Area Alsip / Garden Homes

Tax Annual Amount 14474

Electric Expense 540

Fuel Expense 2540

Trash Expense 678

Water Sewer Expense 3120

Additional Parcels Y/N N

Standard Status Active Under Contract

Exterior

Lot Dimensions 7500

Lot Size Acres 0.17

* Excluded Features

List By

The Joudeh Group

Broker

mjoude4@gmail.com

Affordability Calculator

$5,567

Per Month

Monthly Principal & Interest: $4,361
Monthly Property Taxes: $1,206
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Alsip, IL

Average List Price ^$528,183

Percent of Sale Price 24%

About Alsip, IL

18,934 Population

-2% Since 2002

^$53,461 Median Income

38.38 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/5/2025	$699,000	-4.12%	Price Down
8/30/2025	$729,000	-2.67%	Price Down
6/4/2025	$749,000		Listed Price

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11824 S Karlov Avenue, Alsip, IL, 60803 is a Multi-Family Home for sale at $699,000 with a lot size of 0.17. 11824 S Karlov Avenue has 11 bedrooms, 0.0 baths, and was built in 1968. The property's zip code is 60803 which is in Alsip, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 12/15/2025.

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11824 S Karlov Avenue

Multi-Family Home for sale in Alsip, IL

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