1450 W School Street
Chicago, IL 60657

Status: Sold
Multi Family
8 beds
0 baths
0 sq.ft
Listing Price: $929,000
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About this home

Classic Chicago multi unit, with huge 4 Bed/2 Bath Owners duplex unit on top with huge deck. Supremely located 3/4 block of hot Southport Avenue, 3 blocks to L, and easy walking distance to Wrigley Field. Laid out with 3 separate units (4/2, 2/1, 1/1), but being sold as a zoned 2 Flat. 2 sets of HVAC (one for B and 1, one for 2 and 3), 2 laundry, 2 HWH, updated electric. Perfect investment property with pro-forma rents of $3, 600, $2, 000 and $1, 200 or make the top your home in Lakeview and collect rents downstairs. Zoned RT 3.5. Sophisticated flood control system means a dry basement, large yard, 2 car garage.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Additional Media Type 1 Other Media
Additional Media URL 1 External link
Age 100+ Years
3 Bedroom Unit in Building Yes
Parking Total 2
Exterior Building Type Frame
Exterior Property Features Deck
Foundation Concrete Perimeter
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
Rehab Year 2000
Roof Type Asphalt
MRD Virtual Tour None
Virtual Tour Date 01/22/2024 8:52 pm
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Lake View
Corporate Limits Chicago
Directions School is 1 way East, come from Greenview or Ashland. 1st block off hot Southport Avenue!
Elementary School Hamilton Elementary School
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Lake View High School
High Sch Dist 299
Sewer Public Sewer
Water Public
Jr High/Middle School Hamilton Elementary School
Jr High/Middle Dist 299
Township Lake View
Interior Features
Basement Description Finished
Basement Full ,Walkout
Bedrooms Count 8
Bedrooms Possible 8
Baths Count 4
Full Baths in Building Count 4
Total Rooms 18
Units
unit 1
Beds Total 1
Baths Total 1
Actual Rent 1200
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner
Full Baths Total 1
Lease Expiration Date 01/24
Rooms Total 4
Tenant Pays None
Floor Number B
Square Feet 600
unit 2
Beds Total 3
Baths Total 1
Actual Rent 2000
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner
Full Baths Total 1
Lease Expiration Date 01/24
Rooms Total 5
Tenant Pays Electric,Gas
Floor Number 1
Square Feet 1100
unit 3
Beds Total 4
Baths Total 2
Actual Rent 3600
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner
Full Baths Total 2
Lease Expiration Date 01/24
Rooms Total 9
Tenant Pays Electric,Gas
Floor Number 2
Square Feet 2400
Property / Lot Details
Lot Dimensions 25X125
Lot Size Standard Chicago Lot
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

Financing Other
Rental Income 6600
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 14203210220000
Special Assessments N
Taxes $16,250
Tax Exemptions Homeowner
Tax Year 2022
$929,000 Listing Price:
MLS # 11963546
Investment Profile Residential Income
Listing Market Time 36 days
Basement Full ,Walkout
Type Unit 2 Flat
Number of Units in Building 3
Parking Garage
List Date 01/22/2024
Year Built
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