5922 S Karlov Avenue Chicago, IL $ 574,000
5922 S Karlov Avenue
$ 574,000
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5922 S Karlov Avenue

Chicago, IL, 60629
$ 574,000
Bedrooms5 Baths3.0

Monthly Estimate*

$ 3,964

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Multi-Family Home for sale in Chicago, IL

for $574,000 with 5 bedrooms and 3 full baths. This home was built in 1943 on a lot size of 0.08.

Excellent opportunity for an owner-occupant or investor at 5922 S Karlov Ave! This well-maintained 2-unit property offers an additional finished basement in-law arrangement, a 2-car garage, strong existing tenants, and a VACANT main-floor unit-perfect for a buyer looking to move in while generating rental income.The upper unit features a spacious 1-bedroom layout with a large living room, eat-in kitchen, and its own laundry room with washer and dryer. The main-floor unit offers 2 bedrooms, a combined living/dining area, and kitchen. The finished basement in-law arrangement adds 2 bedrooms, 1 full bath, and access to a shared coin-operated Speed Queen laundry system with convenient PayRange digital payment capability. Major improvements make this property even more attractive, including a NEW ROOF AND GUTTERS, newly installed drain-tile/flood-control system, central heating and cooling, newer water heater, remodeled basement bathroom, updated main-floor kitchen with newer appliances, cabinets and countertops, exterior motion lighting, and a newer rear exterior/storm door. With great tenants already in place, a vacant main unit ready for an owner-occupant, multiple living spaces, a 2-car garage, and significant recent improvements, this is a turnkey opportunity with flexibility and income potential. Schedule your showing today!

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Multi-Family Active

Price

$ 574,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,213

Style

Cape Cod

Lot Size

0.08

Year Built

1943

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12791130

Features
Exterior
Model CAPE COD
Parking Features Garage Door Opener Yes Garage Owned Detached Garage
Water Source Lake Michigan Public
Total Parking 2
Lot Dimensions 30X125
Lot Size Acres 0.08
Waterfront Y/N N
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General
Sewer Public Sewer
Heating Gas
Possession Closing Tenant's Rights
Garage Spaces 2
Architectural Style Cape Cod
Construction Materials Brick
Year Built 1943
Township Lake
Tax Year 2025
Ownership Fee Simple
Community Features Sidewalks Street Lights Street Paved
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 11
Status New
Directions 59th to Karlov. South to property.
City Chicago
High School District 299
MLS Area CHI - West Lawn
Tax Annual Amount 5213.76
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Finished Full
Total Bedrooms 5
Total Baths 3
Bedrooms Possible 5
Full Baths Building 3
Half Baths Building 0
Total Number of Units 2
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* Excluded Features
List By
Pak Home Realty

Broker

cesarsandoval.re@gmail.com

Email

Affordability Calculator

$4,399
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,964
Monthly Property Taxes
$434
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/21/2026$574,000 Listed Price

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5922 S Karlov Avenue, Chicago, IL, 60629 is a Multi-Family Home for sale at $574,000 with a lot size of 0.08. 5922 S Karlov Avenue has 5 bedrooms, 3.0 baths, and was built in 1943. The property's zip code is 60629 which is in Chicago, IL