1509 School Street, Lake View, Chicago, Illinois 60657


$1,075,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 8
Baths: 0
Year Built: 1890
Property Taxes: $17,185
Days On Market: 1921
Lot Size: 0,00
Map
Street View

Description

Renovated All Brick Jumbo 3 Flat On An Extra Wide 37.5x125 Lot In Southport Corridor That Is Fully Rented & Cash Flowing. Tenants Love The Large Bedrooms That All Fit Queen Beds, The GFH / Central AC, In Unit Laundry, & Hardwood Floors Throughout. The Large Front Bay Windows, Antique Wood Trim, Brings The Charm. Renovated W/ Newer Electric & Copper Plumbing, Can Lighting, & Gorgeous Kitchens & Baths. Kitchens Include Stainless Steel Apps, Updated Cabinets, & Islands. Updated Baths Include Stone Tile Work, Updated Lighting, & Bonus Cabinets. "English" Garden Unit Gets Great Light & Is Very Nice. See Attached 3 Unit Zoning Cert. Units 1 & 2 Each Have Access To Their Own Porch, & All Units Have Access To Large Back Yard. 2.5 Car Garage. 2 Blocks To Southport Brown Line, Whole Foods, Shops, Restaurants, Nightlife & All The Excitement Of The Southport Corridor, Yet Far Enough From The Action To Keep The Quiet Neighborhood Feel. Coveted Burley School District K-8 & Lakeview Highschool. See Attached Property Information Brochure Including: 3 Unit Zoning Cert, Survey, List Of Improvements By Year, Architect quality Floor Plans, & Disclosures. Financial Info: Monthly / Annual Rental Income: $7,440 / $89,280, Monthly Avg Landlord Paid Utilities (Scavenger/Water & Unit 2 Gas): $195/mo, & Annual Insurance = $2,500 Unit Mix & Rent: Unit G: English Garden, 2 Bed 1 Bath, Rent: $1,800, Including One Garage Spot. Unit 1: 3 Bed 1 bath, Rent: $2620, No Parking (Under Rented). Unit 2: Simplex 3 bed 2 Bath, Rent: $3,020, Including One Garage Spot

Property Specifics

Multi-unit
1890
Full
No
Cook
— / —
Lake Michigan
Public Sewer
10805723
14203240220000

Nearby Schools

NAME: DISTRICT: DISTANCE:
Grade School
Burley Elementary School
299
High School
Lake View High School
299 Not in DB

Property History

DATE: EVENT: PRICE: SOURCE:
10 Dec, 2018 Sold $910,000 MRED MLS
10 Oct, 2018 Under contract $925,000 MRED MLS
2 Oct, 2018 Listed for sale $925,000 MRED MLS
11 Nov, 2020 Sold $1,075,000 MRED MLS
12 Oct, 2020 Under contract $1,125,000 MRED MLS
Last price change $1,150,000 MRED MLS
4 Aug, 2020 Listed for sale $1,150,000 MRED MLS
29 May, 2025 Sold $1,400,000 MRED MLS
14 Mar, 2025 Under contract $1,400,000 MRED MLS
14 Mar, 2025 Listed for sale $1,400,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Seventh Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Eighth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 4
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: Utility Room-Lower Level
Basement: Full
Basement Description: Finished

Other Specifics

2
Balcony, Deck, Storms/Screens, Outdoor Grill, Cable Access
Fenced Yard
37.5X125
Not in DB
Curbs, Gated, Sidewalks, Street Lights, Street Paved

Tax History

Year Property Taxes
2018 $14,644
2020 $17,185
2025 $22,681

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