$624,999
4125 W School Street
Chicago, IL, 60641
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!
Property Details
Price:
$624,999
MLS #:
MRD12396771
Status:
Active
Beds:
4
Baths:
3
Address:
4125 W School Street
Type:
Multi Family
Neighborhood:
CHI – Irving Park
City:
Chicago
Listed Date:
Jun 18, 2025
State:
IL
ZIP:
60641
Year Built:
1901
Schools
School District:
299
Interior
Heating
Natural Gas, Forced Air, Sep Heating Systems – 2+
Exterior
Architectural Style
Farmhouse
Construction Materials
Frame, Stone
Parking Features
Garage Door Opener, On Site, Garage Owned, Detached, Off Alley, Owned, Garage
Parking Spots
3
Roof
Asphalt
Financial
Tax Year
2023
Taxes
$7,623
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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4125 W School Street
Chicago, IL
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