IL
Cook
Skokie
60076
7941 Karlov Avenue
7941 Karlov Avenue, Skokie, IL 60076
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Listing Type
Multi Family
Listing Status
Active
22
$799,900

Home Details for 7941 Karlov Avenue

Price
$799,900
Type
Residential Income
Bedrooms
8
Total Bathrooms
5
Year built
1958
County
Cook
Total rooms
17
Garage
3
Basement
Finished, Full
Days on site
2
MLS Listing#
12682834
Property Description

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.

Property Features
  • Parking
    • Attached
    • Garage
  • Basement
    • Finished
    • Full
  • Heating Information
    • Natural Gas
  • Garage
    • 1
Listing Courtesy: HomeSmart Realty Group - 630-578-0002
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-06-20 04:10:21. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-06-20 04:10:21
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EXIT STRATEGY REALTY
2935 N. Clark St., Chicago, IL 60657
Office
312 554 5478
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