1742 W School Street, Chicago, IL 60657
Local realty services provided by:Better Homes and Gardens Real Estate Connections
1742 W School Street,Chicago, IL 60657
$1,250,000
- 5 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: laura topp, rebecca conant
Office: berkshire hathaway homeservices chicago
MLS#:12711940
Source:MLSNI
Price summary
- Price:$1,250,000
About this home
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....
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Home facts
- Year built:1891
- Listing ID #:12711940
- Updated:July 22, 2026 at 07:44 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- Rooms Total:22
Heating and cooling
- Heating:Forced Air, Natural Gas, Steam
Structure and exterior
- Year built:1891
Schools
- High school:Lake View High School
- Elementary school:Hamilton Elementary School
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,250,000
- Tax amount:$16,640 (2024)
Parking
- Total parking spaces:2
- Parking description:Detached Garage, Garage
- Garage:Yes
- Garage spaces:2
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