Closed

$1,250,000

1742 School Street, Chicago, IL 60657
5 Beds4 Baths34 days
1742 School Street·Chicago, IL 60657
5Bedrooms
4Bathrooms
1891Year Built
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.

MLS# 12711940Listed July 22, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms5
Total Bathrooms4
Total Rooms22

Size & Structure

Garage Spaces2
Year Built1891
Lot Size25x125

Location

CountyCook
TownshipLake View
Zip Code60657

Financial

List Price$1,250,000
Annual Taxes (2024)$16,640
Monthly Tax Est.$1,387
Parcel #14194230270000
Interior Features

Heating

Natural GasForced AirSteam

Basement

None
Exterior & Lot

Construction

Vinyl Siding

Patio & Porch

Deck
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

YesGarage OwnedDetachedGarage
HOA & Community

Community Features

CurbsSidewalksStreet LightsStreet Paved
Schools
Elementary
Hamilton Elementary School
District: 299
High School
Lake View High School
District: 299
Tax & Financial
Annual Taxes
$16,640
Tax Year 2024
Monthly Tax Est.
$1,387
per month
Property Location

1742 School Street, Chicago, IL 60657 — Cook County

$1,250,000
1742 School Street
5 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
34 days on market
2-car garage
25x125
$16,640/yr taxes
$7,956
estimated monthly payment
Principal & Interest
$6,569/mo
Property Tax
$1,387/mo
$1,250,000
20% — $250,000
3%50%
6.875%
3%12%
Loan Amount
$1,000,000
Down Payment
$250,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Berkshire Hathaway HomeServices Chicago
Agent: Laura Topp
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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