1742 W School Street, Chicago, IL 60657
1742 W School Street, Chicago, IL 60657,Video Tour
1742 W School Street, Chicago, IL 60657
25
See all 24 photos
Listed by Laura Toppof Berkshire Hathaway HomeServices Chicago
-
Est. payment /mo
Save Virtual Tour
5 Beds
Price Dropped by $75K

1742 W School Street Chicago, IL 60657

Save Virtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
John Stokes

John Stokes

+1(312) 287-3377

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12642046

Bedrooms 5

Year Built 1891

Annual Tax Amount $16,640

Tax Year 2024

Lot Dimensions 25x125

Property Sub-Type Two to Four Units

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.

Location

State IL

County Cook

Community Curbs, Sidewalks, Street Lights, Street Paved

Zoning MULTI

Rooms

Basement None

Interior

Heating Natural Gas, Forced Air, Steam

Fireplace N

Exterior

Garage Spaces 2.0

View Y/N true

Building

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools Hamilton Elementary School

High Schools Lake View High School

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Virtual Tour https://my.matterport.com/show/?m=ME6L8Dcn9re&mls=1

Midwest Real Estate Data (MRED) VOW
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

John Stokes

John Stokes

Agent | License ID: 262311

+1(312) 287-3377

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of John Stokes, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

1742 W School Street

Free Account Required

  • Instant access to listing photos & details
  • Save listings and searches
  • Access details for this property