1851 Karlov Ave
An excellent investment opportunity in the heart of Hermosa. This three-unit building, classified by Cook County as a three-flat, has been owned by the same family for many years and offers versatile layouts with the opportunity to add value through updates. The first-floor unit offers 3 bedrooms and 1 full bath, the second-floor unit features 2 bedrooms and 1 full bath, and the garden level includes 2 bedrooms and 1 full bath. Each unit has its own gas meter, electric meter, and furnace, with two water heaters serving the building. A gated rear parking pad provides off-street parking for two cars. The building will be delivered vacant at closing, so you can renovate, set your own rents, or owner-occupy. It's a five-block walk from the Metra station, with nearby parks and authentic restaurants along Armitage Avenue. Property sold as-is. No rent roll available. The seller makes no representation regarding the legality or conforming status of the garden unit. Buyer to verify zoning and unit count.
Listing Information
Facts & Features
Location
Community Information
Architecture
Features & Amenities
Property Features
Tax & Financial Information
Schools
Stowe Elementary School
Lowell Elementary School
North-Grand High School
Nobel Elementary School
McAuliffe Elementary School
West Park Elementary Academy
Cameron Elementary School
Funston Elementary School
School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.
Historical Data
Price History
| Date | Event | Price |
|---|---|---|
| 10/28/2026 | Listed for sale | $200,000 |
Listed by Benyamin Lalez · Compass · 7734667150
Listing information provided exclusively 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. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.
Last Updated: October 31, 2026 at 8:56 AM | Source: Midwest Real Estate Data (MRED) | MLS#: 12795522
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