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$1,274,900 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 5 Total Beds
  • 2 Car Garage
  • Updated 1 day ago
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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.

Full Property Details for 1742 W School St

General

  • Price: $1,274,900
  • Taxes: $16,640 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12642046
  • Updated: 5/11/2026
  • Added to Site: 1 day(s) ago

Rental Information

  • Complex Features: Curbs, Sidewalks, Street Lights, Street Paved

Interior

  • Basement: None

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Upper - Full Baths: 3

Bedrooms

  • Total Bedrooms: 5

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Yes, Garage Owned, Detached, Garage

Location

  • Area: CHI - Lake View
  • County: Cook
  • Township: Lake View
  • Driving Directions: Ravenswood to School, one way heading east to property

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299
  • Elementary School: Hamilton Elementary School
  • High School: Lake View High School
  • Private School: Lake View High School

Heating & Cooling

  • Heating Type: Natural Gas, Forced Air, Steam

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement Desc.: None
  • Windows: Screens
  • Year Built: 1891
  • Built Before 1978: Yes
  • Remodeled/Updated: 2024

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size Range: Standard Chicago Lot
  • Lot Dimensions: 25 x 125
  • Zoning: MULTI

Financial Considerations

  • Insurance Fee: $6,500
  • Parking Included: Yes
  • Assessment Year: 1891
  • Tax Amount: $16,640.38
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: List Broker Must Accompany
  • Property ID: 14194230270000

Listed by Berkshire Hathaway HomeServices Chicago

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Listing agents

— 1742 W School St —

  • Berkshire Hathaway HomeServices Chicago

  • Berkshire Hathaway HomeServices Chicago

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1742 W School St

School District:Chicago Public School District 299
NameGradesDistance
Hamilton Elementary School, Chicago, IL
1650 West Cornelia Avenue, Chicago, IL 60657
PK-80.3 mi
Lake View High School
4015 North Ashland Avenue, Chicago, IL 60613
9-121 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1742 W School St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/11/2026
Listed
$1,274,900
81.61%
MLS
6/17/2004
Sold
$702,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1742 W School St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$15,402
3%
$72,999
—
2022
$15,015
2%
$72,999
—
2021
$14,679
9%
$72,999
21%
2020
$13,445
—
$60,356
-10%
2019
$13,474
-1%
$67,063
-3%
2018
$13,641
47%
$69,059
60%
2017
$9,268
7%
$43,053
—
2016
$8,623
-10%
$43,053
-18%
2015
$9,624
22%
$52,518
24%
2014
$7,874
-10%
$42,438
-12%
2013
$8,747
1%
$48,092
—
2012
$8,630
—
$48,092
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Berkshire Hathaway HomeServices Chicago

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1742 W School Street, Chicago, IL 60657 (MLS# 12642046) is a Multi-Family property with 3 units containing 5 bedrooms and 0 full bathrooms. 1742 W School Street is currently listed for $1,274,900 and was received on May 11, 2026. Want to learn more about 1742 W School Street? Do you have questions about finding other Multi-Family real estate for sale in LakeView? You can browse all LakeView real estate or contact a Coldwell Banker agent to request more information.

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