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. 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
MLS #:
MRD12642046
Status:
Active
Beds:
5
Baths:
4
Type:
Multi Family
Neighborhood:
chilakeview
Listed Date:
May 11, 2026
Year Built:
1891
See this Listing
Schools
School District:
299
Elementary School:
Hamilton Elementary School
High School:
Lake View High School
Interior
Heating
Natural Gas, Forced Air, Steam
Exterior
Community Features
Curbs, Sidewalks, Street Lights, Street Paved
Construction Materials
Vinyl Siding
Garage Spaces
2
Parking Features
Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2
Patio And Porch Features
Deck
Window Features
Screens
Financial
Tax Year
2024
Taxes
$16,640
Map
Community
- Address1742 W School Street Chicago IL
- CityChicago
- CountyCook
- Zip Code60657
Market Summary
Current real estate data for Multi Family in Chicago as of May 15, 2026
1,368
Multi Family Listed
79
Avg DOM
$515,434
Avg List Price
Property Summary
- 1742 W School Street Chicago IL is a Multi Family for sale in Chicago, IL, 60657. It is listed for $1,274,900
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Copyright 2026. All rights reserved.
1742 W School Street
Chicago, IL


