4125 W School Street new

Chicago,IL 60641

$ 640000

4 Beds

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12396771

Style Farmhouse

Bedrooms 4

Year Built 1901

Annual Tax Amount $7,622

Tax Year 2023

Lot Size 4,356 Sqft

Lot Dimensions 37X125

Property Sub-Type Two to Four Units

Property Description

A Fully Renovated Farmhouse-Style 2-Flat with Bonus Garden Unit on Oversized Lot! Attention investors and house hackers-this beautifully property sits on a rare 37.5' wide lot, offering ample space and versatility. Current rental income is $4,575 with room to improve. Unit 2 is a 2 bed with 1 bath rented for $1,875 through March 2026. Unit 1 is a 2 bed with 1 bath rented for $1,750 on a MTM lease. Unit G is a 2 bed with 1 bath rented for $950 to a long term tenant on a MTM lease. Renovated in 2021 with all major systems upgraded, including new electrical, copper plumbing, new service panel, and high-efficiency HVAC throughout and a tear off roof. The top two units feature two bedrooms with a stylish blend of hardwood floors and carpet, white shaker cabinets, quartz countertops, and stainless-steel appliances. Bathrooms are modernized with classic subway tile showers and sleek porcelain flooring. The garden unit has long term tenants and two bedrooms with room to increase rent and make updates. Enjoy updated private decks and generous outdoor areas for each unit-ideal for entertaining or relaxing. The expansive backyard includes a 2-car garage plus an additional gated parking pad. Common laundry located in the basement. Located in the heart of vibrant Avondale, known for its artistic vibe, diverse food scene, and walkable streets, the area is home to locally loved restaurants, craft breweries, and cozy cafes. With easy access to the Blue Line, I-90/94, and a growing number of new developments-including creative workspaces and production studios-Avondale offers the perfect mix of convenience, culture, and community. It's no wonder this vibrant neighborhood is one of Chicago's most talked-about places to live. This is a prime opportunity for strong rental income or multi-generational living in a thriving neighborhood. Don't miss your chance-this home truly checks all the boxes!

Location

State IL

County Cook

Zoning MULTI

Rooms

Basement Finished,Full

Interior

Heating Natural Gas,Forced Air,Sep Heating Systems - 2+

Fireplace N

Exterior

Garage Spaces 2.0

View Y/N true

Roof Type Asphalt

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Frame,Stone

New Construction false

Schools

School District 299,299,299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

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