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1317 W School Street

Closed

Lake View

$1,075,000

Seize this rare (assumable debt @ 4.25%) investment opportunity for this five-unit, 2019 new construction building directly behind the iconic Wrigley Field. This architectural gem offers two 4Bed/3Bath apartments, two 2Bed/1.1Bath units, and a full-floor 4Bed/4Bath penthouse. Each unit boasts premium finishes, including hardwood flooring, black stainless steel appliances, quartz countertops, modular closets, and front-load in-unit laundry. Amplify your outdoor experience with private decks off both the front and the back of each unit. The building further impresses with shared rooftop spaces atop the main building and garage, outfitted with a grill for ultimate entertaining. This property is a remarkable blend of immediate revenue generation and long-term investment value in one of Chicago's most dynamic neighborhoods.

Property Type

Bedrooms

6

Bathrooms

4

Half Baths

0

Square Footage

4000

Unit Count

2

Year Built

1926

Neighborhood

Lake View

Multi-Family

Property Details

Listing Agent:

Jason Rowland

312.927.1942

Only steps to Southport with this rare LEGAL 3-flat offering a duplex-up owner's unit on School Street. Top floor duplex owners' unit offers an expansive floorplan with an eat-in kitchen, dry bar, and over-sized deck off kitchen, separate dining room, and hardwood floors throughout. Oversized primary bedroom with two walk-in closets, ensuite, and private balcony. The third-floor unit is the real gem of the building and could really shine with some cosmetic upgrades. The First-floor unit is a 2bed / 1bath with similar finishes as the owner's unit throughout with hardwood floors and mid-2000's updates. The garden unit is a 1bed / 1bath and would benefit from some updates to achieve higher rents. Could be a SFH conversion option as this legal 3-flat sits ten lots from coveted Southport Ave. Burley school district and close to multiple transportation options + all Lakeview / Southport Corridor have to offer.

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