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1742 W School Street, Chicago, IL 60657

$1,274,900
  • 1742 W School Street, Chicago, IL 60657 Main Photo

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Active
BEDS5 BATHS4 full MLS#12642046
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

Property Description

This is a rare opportunity to own a legal 3-unit building in the heart of Roscoe Village. Featuring a stately facade and impressive curb appeal, the property sits on a beautiful, tree-lined block in one of Chicago's most desirable neighborhoods-offering the perfect blend of stability and upside for investors or owner-occupants alike. Each unit offers a well-designed layout with in-unit washer and dryer, individual heating and cooling expenses, separate hot water tanks, and private outdoor space-highly desirable features that attract and retain quality tenants. The building is consistently easy to rent, with thoughtfully structured leases that include detailed riders and built-in rent increases. As leases turn over, there is additional opportunity to further enhance income, as they are currently rented below market value. Rents listed are estimated market values. Current rents are $2695 for unit 1, $2375 for unit 2 including parking, and $2790 for unit 3, plus $165/month for the additional parking spot. The property also includes a backyard and a 2-car garage. For those seeking an owner-occupied option, the unique two-level top-floor unit presents an exceptional opportunity to live comfortably while generating income below.

1742 W School Street | MLS# 12642046

This multi-family property located at 1742 W School Street, Chicago, IL 60657 is currently listed for sale with an asking price of $1,274,900. W School Street is located within the District 299 school district. Search Chicago real estate on www.bhhscrosby.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Garage: 2
Heating: Natural Gas, Forced Air, Steam
Lot Size: 0.07 Acres
Taxes: $16,640
Year Built: 1891

Feature Descriptions

Exterior: Vinyl Siding
Lot Dimensions: 25x125
Parcel#: 14194230270000
Parking: Yes, Garage Owned, Detached, Garage
Sewer: Public Sewer
Total Rooms: 22
Township: Lake View
Water: Public

Local Schools

High School: Lake View High School
Elementary School: Hamilton Elementary School
School District: District 299

Listed By / Shown By

Listed By

Agency Name: Berkshire Hathaway HomeServices Chicago
Agency Phone: 312-642-1400

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Estimated Payment

$ 4,595.89 per month $2,837.37 Principal & Interest $1,386.67 Property Tax $371.85 Homeowner's Insurance

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