1317 West School Street

Chicago, IL 60657

$1,700,000
Price
6
Beds
4
Baths
1,300 Sq. Ft.
$1,308 / Sq. Ft.
1,300
Sq. Ft.
$1,308
per Sq. Ft.

Description

Nestled just steps away from the vibrant Southport Corridor, 1317 W School presents an exceptional opportunity as a legal 3-flat investment property, with a unique duplex-up owner's unit. Recently completed in early 2024, this residence is a testament to modern luxury and thoughtful design. The top floor duplex unit stands out with its expansive floorplan, providing ample space for comfortable living. This unit ideal an owner-occupant seeking a blend of sophistication and practicality. With hardwood...Nestled just steps away from the vibrant Southport Corridor, 1317 W School presents an exceptional opportunity as a legal 3-flat investment property, with a unique duplex-up owner's unit. Recently completed in early 2024, this residence is a testament to modern luxury and thoughtful design. The top floor duplex unit stands out with its expansive floorplan, providing ample space for comfortable living. This unit ideal an owner-occupant seeking a blend of sophistication and practicality. With hardwood floors, spa bathrooms, 42-inch kitchen cabinets, quartz countertops, and stainless-steel appliances in the whole building, it will be easy to find quality tenants. Located in the sought-after Burley school district, this property is also an attractive option for families seeking excellent educational opportunities. Multiple transportation options in close proximity make commuting a breeze, and spacious units allow for comfort if you work from home. Invest in the future with 1317 W School-a fully rehabbed 3-flat property that marries modern amenities with a prime location. Whether you are an investor or an owner-occupant, this residence beckons with its contemporary design, top-notch features, and proximity to the best of Southport Corridor living.

Listing Agent

  1. Joe Kotoch

    Joe Kotoch

    Listing Agent

    Compass

    joe.kotoch@compass.com

    P: 773.270.2495

Property Details for 1317 West School Street

Area
CHI - Lake View
Township
Lake View
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas
Zoning
MULTI

Location

Add your commute
LISTING UPDATED: 04/16/2024 04:46 PM

Property Details for 1317 West School Street

StatusActive ( Private )
MLS #11998113
Days on Market-
Taxes$10,386 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 3 Flat
Year Built1926
Lot Size0.07 AC / 3,150 SF
CountyCook County

Location

Add your commute

Building Information for 1317 West School Street

Stories-Residences3Year Built1926Building Size-Lot Size0.07 AC / 3,150 SF

Payment Calculator

$10,143 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,278

Property Taxes

$866

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1317 West School Street

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
Property Information
Interior Features
  • Num Of Rooms: 7
  • Bedrooms (Below Grade): 0
  • Bath Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Type: Full
  • Bedrooms Possible: 6
  • Basement Description: Finished
  • # Full Baths in Building: 4
  • # Half Baths in Building: 0
  • Num of Baths: 4.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • Exterior Property Features: Deck
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2023
  • Built Before 1978: Yes
  • Age: 91-100 Years
  • Lot Description: Fenced Yard
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 25X126
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Foundation Details: Concrete Perimeter
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • North Coordinate: 3200
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 1317
  • 3 Br Un In Bldg: Yes
  • Conversion: N
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 9
  • Deconversion: N
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $5,950.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 04/24
Unit 2
  • Unit Type Actual Rent: $3,300.00
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 03/24
Unit 3
  • Unit Type Actual Rent: $1,650.00
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 03/24

Property History for 1317 West School Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1317 West School Street

Taxable ValueLand$47,625Additions$46,281Total$93,906
Tax Record2022$19,315 ($1,610 / month)
Home Facts
Baths3Total Finished SqFt3,403 SqFtAbove Grade Finished SqFt3,403 SqFtStories3Lot Size3,175 SqFtStyleMulti-Family Res (5+ Units)Year Built1926CountyCOOKAPN14-20-326-021

Schools near 1317 West School Street

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - K to 8
Public - PK to 8
Rating
School
Distance
Burley Elementary School
PublicK to 8

Lake View High School
Public9 to 12

Inter-American Elementary Magnet School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 04/16/2024 04:46 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.