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7941 Karlov Avenue , Skokie, IL 60076

$799,900
  • 7941 Karlov Avenue , Skokie, IL 60076 Main Photo

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New to the Market (Short Sale) - New
BEDS8 BATHS5 full MLS#12682834
STATUS(Short Sale) - New PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 219

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.

7941 Karlov Avenue | MLS# 12682834

This multi-family property located at 7941 Karlov Avenue , Skokie, IL 60076 is currently listed for sale with an asking price of $799,900. Karlov Avenue is located within the District 219 school district. Search Skokie real estate on syarber.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full
Garage: 3
Heating: Natural Gas
Lot Size: 0.18 Acres
Taxes: $17,929
Year Built: 1958

Feature Descriptions

Exterior: Brick
Lot Dimensions: 62X123
Parcel#: 10272060470000
Parking: Yes, Attached, Garage
Sewer: Public Sewer, Storm Sewer
Total Rooms: 17
Township: Niles
Water: Lake Michigan

Local Schools

School District: District 219

Listed By / Shown By

Listed By

Agency Name: HomeSmart Realty Group
Agency Phone: 630-578-0002

Shown By

Agent Name: Stefanie Yarber
Agent Phone: Cell: (815) 995-0836
Agency Title: Gambino Realtors

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Estimated Payment

$ 5,360.78 per month $3,633.40 Principal & Interest $1,494.08 Property Tax $233.30 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 06/20/2026. The listing information on this page last changed on 06/20/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 06/20/2026 4:13:32 AM EST) or MRED MLS (last updated Sat 06/20/2026 2:04:08 AM EST) or Rockford Board of Realtors (NWIAR) (last updated Fri 06/19/2026 10:16:13 PM EST) or Northern Illinois Commercial Association Realtors (last updated Fri 06/19/2026 2:11:13 PM EST). Real estate listings held by brokerage firms other than Gambino Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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