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.

Property Details

PRICE
$1,274,900
BEDROOMS
5
BATHROOMS
4
SQFT
N/A
YEAR BUILT
1891
PARKING SPOTS
2
MLS #
12642046
FULL ADDRESS
1742 1742 School Street
CITY
Chicago, IL
ZIP
60657

Listing Details

Listing Office
Berkshire Hathaway HomeServices Chicago
Listing Agent
Laura Topp
Contact
312-642-1400
Last Data Update
2026-06-09T15:15:03Z

Interior

BATHROOMS
4 Full Bathrooms

Schools

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

Buy This Home With a Local Expert

22 years. 600+ Chicago closings. Individual, hands-on representation from first tour through close. Ken can be your buyer's agent on this property. Call 773.398.5585 or drop your details below.

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