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7941 Karlov Avenue

Skokie IL 60076

8
5
3
Multi-Family
Currently for sale - view listing

Overview

This is an absolute rare-find triplex located on a beautiful tree-lined residential street. Offering over 4,200 square feet across three fully self-contained units, this highly updated property presents an exceptional opportunity for both investors and owner-occupants. The first and second floors each feature spacious 3-bedroom, 2-bath layouts with full kitchens and private living spaces. The lower level offers an additional 2-bedroom, 2-bath apartment, providing tremendous flexibility and income potential. Outside, enjoy a charming courtyard area, plus an incredible combination of a 2-car attached garage and an additional 1-car attached garage accessed from the alley-an uncommon amenity for a multi-family property. All three units are currently occupied by related family members, but the possibilities are endless. Whether you're looking to maximize rental income, create a multigenerational living arrangement, or add a turnkey asset to your portfolio, this meticulously maintained and updated triplex is truly one of a kind. Property is being shown by appointment and each occupant does need proper notice to be able to view the entire building. This property does require a 1 lender short sale however, all the heavy lifting related to the short sale including the application, review, lender value have all been completed. Lender is now considering reasonable offers. Do not allow the short sale to deter you as this is not your typical short sale.

Features

8 bedrooms
5 bathrooms
3 carspaces
3 garage spaces
Multi-Family

Happy sellers in Skokie

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We have insufficient information to provide an overview of customer satisfaction for Skokie. Viewing the agent profiles, reviews and sales for Skokie can provide insights for this location.

Local market activity for 8 bedroom multi families in Skokie

In the last 12 months, 3 eight-bedroom multi families similar to 7941 Karlov Avenue, have been sold.

This represents a 50% decrease in eight-bedroom multi families sales when compared to the previous 12 months.

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