740 W Schubert Avenue, Chicago, IL 60614

Chicago
Local realty services provided by:ERA Partners
740 W Schubert Avenue,Chicago, IL 60614
$1,550,000
  • 6 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: michael hall
Office: baird & warner
MLS#:12788493
Source:MLSNI

Price summary

  • Price:$1,550,000

About this home

Lincoln Park- This turnkey, legal 3-unit building sits on a quiet tree-lined street in one of Chicago's most desirable neighborhoods. Just 4 blocks from the Diversey Brown Line and only a short walk to the lakefront with easy access to Lake Shore Drive as well, this building has never had a vacancy as the location simply can't be beaten! This property sits in one of Chicago's designated Additional Dwelling Unit Zones and has highly favorable RT-4 zoning and an exceptionally deep 162 ft lot. As such, building an additional dwelling unit/coach house is possible, as is future new development for condos or single-family home. Due to the large lot size, there is a very big back yard and 4-car parking pad with room to increase the number of parking spaces for additional income if so desired. Current rents are generating $111,600 per year but could be higher without any improvements as they are below market value. All three apartments have their own separate gas forced air heating and...

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Home facts

  • Year built:1888
  • Listing ID #:12788493
  • Updated:October 27, 2026 at 10:34 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:15
  • Bathrooms Description:Double Sinks, Whirlpool

Heating and cooling

  • Heating:Forced Air, Gas, Individual Room Controls, Sep Heating Systems - 2+

Structure and exterior

  • Roof:Rubber
  • Year built:1888
  • Lot Features:Common Grounds
  • Architectural Style:Traditional
  • Exterior Features:Balcony
  • Foundation Description:Concrete Perimeter, Stone

Schools

  • High school:Lincoln Park High School
  • Middle school:Alcott Elementary School
  • Elementary school:Alcott Elementary School

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,550,000
  • Tax amount:$25,888 (2025)

Features and amenities

  • Amenities:CO Detectors, Ceiling Fan(s), TV-Cable

Parking

  • Total parking spaces:4
  • Parking description:Unassigned
MLS LogoCopyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed. MLSNI Member Broker: Frank Scibior

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