7941 Karlov Avenue, Skokie, IL 60076
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.
- Listing Courtesy of: HomeSmart Realty Group
Details
Updated on June 20, 2026 at 5:47 pm-
Property ID MRD12682834
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Price $799,900
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Bedrooms 8
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Garages 3
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Year Built 1958
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Property Type Multi Family
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Property Status Active
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Parking Total 3
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Parcel Number 10272060470000
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Water Source Lake Michigan
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Sewer Public Sewer,Storm Sewer
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MLS Status New
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Cumulative Days On Market 2
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Tax Annual Amount 17929
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Heating Natural Gas
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Parking Features Yes,Attached,Garage
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Directions 1 block south of Oakton on Karlov
Address
Open on Google Maps- Address 7941 Karlov Avenue
- City Skokie
- State/county IL
- Zip/Postal Code 60076
- Country United States
Overview
- Multi Family
- 8
- 3
- 1958
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