6144 W School Street
Chicago, IL, 60634 $ 550,000
Bedrooms6 Baths4.0 Monthly Estimate*
$ 3,473
for $550,000 with 6 bedrooms and 4 full baths. This home was built in 1922 on a lot size of 0.08.
Multiple offers received, highest and best due by Sunday 10pm, seller to review the offers Monday morning and make a decision. Exceptional value and an outstanding investment opportunity! This well-maintained, solid 2-unit building with a finished in-law apartment offers generous living space, numerous major updates, and excellent income potential. The first-floor unit features approximately 1,000 square feet of living space with 3 bedrooms, 1 full bathroom, beautiful hardwood floors, and was tastefully updated in 2014. The second-floor unit offers approximately 1,100 square feet, 3 bedrooms, 2 full bathrooms, hardwood flooring, and was updated in 2016. Enjoy the added bonus of a private 12' x 16' balcony, perfect for relaxing or entertaining. The finished lower level was completely updated in 2024 and features a private in-law apartment with 1 bedroom, 1 full bathroom, luxury vinyl plank flooring, and access to the shared laundry area. Major improvements provide peace of mind, including a new roof (2016), detached 2-car garage (2016), both HVAC systems replaced (2016), vinyl replacement windows, and durable Hardie siding. Each of the first and second-floor units has separately metered gas and electric service, while the basement has its own electric meter. The owner is responsible for the water bill. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income, this versatile property offers exceptional flexibility. The second-floor tenant is willing to vacate with 90 days' notice if desired, providing additional options for an owner-occupant or investor.
See more
FeaturesGeneralSewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Roof Asphalt
Zoning MULTI
Garage Spaces 2
Construction Materials Vinyl Siding Brick
Year Built 1922
Township Jefferson
Tax Year 2024
Ownership Fee Simple
Gross Income 40800
Community Features Park Curbs Sidewalks Street Lights Street Paved
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 11
Status Contingent
Directions Narragansett to School. West to Home
City Chicago
High School District 299
MLS Area CHI - Dunning
Tax Annual Amount 7190.76
Additional Parcels Y/N N
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
See more
InteriorBasement Finished Exterior Entry Full
Total Bedrooms 6
Total Baths 4
Bedrooms Possible 6
Full Baths Building 4
Half Baths Building 0
Total Number of Units 2
See more
ExteriorParking Features Yes Garage Owned Detached Garage
Water Source Lake Michigan Public
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 3720 SF
Lot Size Acres 0.08
Waterfront Y/N N
Other Equipment CO Detectors
See more
* Excluded FeaturesList ByExit Realty RedefinedBroker
kinga@kingaonline.com;kingakorpacz@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,473
- Monthly Property Taxes
- $599
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Chicago, IL
Average List Price $634,848
Percent of Sale Price 15%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/5/2026 | $550,000 | | Listed Price |