Under Contract

1742 W School Street

Chicago, IL 60657
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Bed 5

Bed

Bath 4

Bath

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 curr ently 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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Detail Ic Property Details

Property Type : Residential Income

Price : $1,274,900

AD Id : 78322002

MLS Id : MRD12642046

Beds : 5

Year Built : 1891

Garage : 2

County : Cook

  • Map Map

Map

Feature Features

  • Bedroom Information

    Total Bedroom: 5

    Bathroom Information

    Total Baths: 4

    Room Information

    Rooms Total: 22
  • Flooring Information

    Construction Materials: Vinyl Siding
  • Heating & Cooling

    Heating: Natural Gas, Forced Air, Steam WaterSource: Public

  • Building Information

    Year Built: 1891

  • Lot Information

    Lot Dimensions: 25x125 Lot Size: Standard Chicago Lot

    Property Information

    Property Type: Residential Income Sub Type: Two to Four Units

  • Listing Price Information

    Original List Price:$1274900

  • Tax Information

    Annual Tax: $16640.38 Tax Year: 2024 Parcel Number: 14194230270000

  • Parking Information

    Total Parking: 2 Yes, Garage Owned, Detached, Garage Is Parking Included in Price: Yes

    Garage Information

    Garage Space: 2

  • School Information

    Elementary School: Hamilton Elementary School Senior High School: Lake View High School
  • Utility Information

    Sewer: Public Sewer Water Source: Public
  • Location Information

    City: Chicago Direction: Ravenswood to School, one way heading east to property
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Disclaimer: The information being provided courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Midwest Real Estate Data LLC (MRED). ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of Midwest Real Estate Data LLC (MRED). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

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ByOwner last updated this listing 06/23/2026 @ 18:20

MLS: MRED #12642046 LISTED BY: Laura Topp, Berkshire Hathaway HomeServices Chicago 312-642-1400 SOURCE: Midwest Real Estate Data LLC (MRED) (Listings courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID)

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