Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$1,550,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • Updated 3 days ago
See This Home
Save This Home
See This Home
Save 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 cooling systems with central air conditioning and all have updated kitchens with dishwashers, granite counters and 42' cabinetry. The top two apartments have spacious private back decks and the first-floor apartment has its own front patio. Tenants pay their own electric and gas bills keeping owner expenses low. Don't miss out on this exceptional investment opportunity in one of Chicago's most sought-after neighborhoods.

Full Property Details for 740 W Schubert Ave

General

  • Price: $1,550,000
  • Taxes: $25,888 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12788493

Rental Information

  • Complex Features: Park, Pool, Tennis Court(s), Curbs, Gated, Sidewalks, Street Lights, Street Paved

Interior

  • Basement: None

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Upper - Full Baths: 3
  • Bathroom Features: Whirlpool, Double Sink

Bedrooms

  • Total Bedrooms: 6

Additional Information

  • Equipment: Cable TV, Carbon Monoxide Detectors, Ceiling Fan(s)

Exterior

  • Exterior Features: Balcony

Parking

  • Total Spaces: 4
  • Parking Features: Unassigned, Permit Required, Guest, Yes, Owned

Location

  • Area: CHI - Lincoln Park
  • County: Cook
  • Township: Lake View
  • Driving Directions: JUST SOUTH OF DIVERSEY & EAST OF HALSTED

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299
  • Elementary School: Alcott Elementary School
  • Middle School: Alcott Elementary School
  • High School: Lincoln Park High School
  • Private School: Lincoln Park High School

Heating & Cooling

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

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Traditional
  • Architectural Style: Traditional
  • Construction: Brick, Limestone
  • Exterior Const.: Brick, Limestone
  • Basement Desc.: None
  • Foundation: Concrete Perimeter, Stone
  • Roof: Rubber
  • Year Built: 1888
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size Range: Oversized Chicago Lot
  • Lot Dimensions: 25 x 162
  • Fence: Yes
  • Lot Features: Common Grounds
  • Zoning: MULTI
  • Fencing (Description): Fenced

Financial Considerations

  • Insurance Fee: $4,156
  • Parking Included: Yes
  • Assessment Year: 1888
  • Tax Amount: $25,888.39
  • Tax Year: 2025
  • Pays Electric: 200
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: List Broker Must Accompany
  • Property ID: 14283000270000

Listed by Baird & Warner

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 740 W Schubert Ave —

  • Baird & Warner

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Get a Great Insurance Rate

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 740 W Schubert Ave

School District:Chicago Public School District 299
NameGradesDistance
Alcott College Prep
2625 North Orchard Street, Chicago, IL 60614
K-80.2 mi
Lincoln Park High School, Chicago, IL
2001 North Orchard Street, Chicago, IL 60614
9-120.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 740 W Schubert Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$23,755
—
$124,673
11%
2023
$23,755
3%
$112,587
—
2022
$23,157
2%
$112,587
—
2021
$22,640
22%
$112,587
35%
2020
$18,536
—
$83,205
-10%
2019
$18,575
2%
$92,451
—
2018
$18,262
11%
$92,451
22%
2017
$16,380
3%
$76,090
-5%
2016
$15,970
9%
$79,734
—
2015
$14,611
15%
$79,734
16%
2014
$12,760
2%
$68,775
—
2013
$12,508
1%
$68,775
—
2012
$12,341
—
$68,775
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 740 W Schubert Ave

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Baird & Warner

Similar Properties near 740 W Schubert Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

958 N Honore St, Chicago, IL 60622 - Photo 1
$1,350,000

958 N Honore St  Chicago, IL 60622

  • Multi-Family
  • Active
  • Updated 2 days ago
  • 5
    Total Beds
2742 N Kenmore Ave, Chicago, IL 60614 - Photo 1
$1,570,000

2742 N Kenmore Ave  Chicago, IL 60614

  • Multi-Family
  • Active
  • 4
    Total Beds
2714 N Marshfield Ave, Chicago, IL 60614 - Photo 1 Just Listed
$1,450,000

2714 N Marshfield Ave  Chicago, IL 60614

  • Multi-Family
  • Active
  • Updated 3 days ago
  • 8
    Total Beds
1623 N Halsted St, Chicago, IL 60614 - Photo 1
$1,700,000

1623 N Halsted St  Chicago, IL 60614

  • Multi-Family
  • Active
  • 6
    Total Beds

Just Listed near 740 W Schubert Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

4920 W 24th Pl, Cicero, IL 60804 - Photo 1 Just Listed
$289,000

4920 W 24th Pl  Cicero, IL 60804

  • Multi-Family
  • Active
  • Updated 20 hours ago
  • 5
    Total Beds
Listed by Lisa Clemente (708) 268-8641
5047 W 25th St, Cicero, IL 60804 - Photo 1 Just Listed
$579,000

5047 W 25th St  Cicero, IL 60804

  • Multi-Family
  • Active
  • Updated 3 days ago
  • 7
    Total Beds
1421 S 48th Ct, Cicero, IL 60804 - Photo 1 Just Listed
$359,900

1421 S 48th Ct  Cicero, IL 60804

  • Multi-Family
  • Active
  • Updated 3 days ago
  • 4
    Total Beds
1217 S Austin Blvd, Cicero, IL 60804 - Photo 1 Just Listed
$399,900

1217 S Austin Blvd  Cicero, IL 60804

  • Multi-Family
  • Active
  • Updated 2 days ago
  • 6
    Total Beds

Price Reduced near 740 W Schubert Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

5042 W 29th Pl, Cicero, IL 60804 - Photo 1 Price Reduced
-$11,000 (-7.33%)
$139,000

5042 W 29th Pl  Cicero, IL 60804

  • Multi-Family
  • Active
  • Updated 11 hours ago
  • 6
    Total Beds
Listed by The Rosie Gonzalez Group (708) 352-4840 and Luis Gonzalez (773) 851-2668
5421 W 30th Pl, Cicero, IL 60804 - Photo 1 Price Reduced
-$25,000 (-6.25%)
$375,000

5421 W 30th Pl  Cicero, IL 60804

  • Single Family
  • Active
  • Updated 22 hours ago
  • 6
    Beds
  • 3
    Total Baths
  • 3,750
    Sq. Ft.
3724 S 60th Ct, Cicero, IL 60804 - Photo 1 Price Reduced
-$5,000 (-1.35%)
$364,900

3724 S 60th Ct  Cicero, IL 60804

  • Single Family
  • Active
  • Updated 3 days ago
  • 5
    Beds
  • 2
    Total Baths
  • 1,141
    Sq. Ft.
5518 W 25th Pl, Cicero, IL 60804 - Photo 1 Price Reduced
-$200 (-0.05%)
$374,500

5518 W 25th Pl  Cicero, IL 60804

  • Single Family
  • Active
  • Updated 15 hours ago
  • 4
    Beds
  • 2
    Total Baths
  • 1,200
    Sq. Ft.

Recent Sales near 740 W Schubert Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

2680 N Orchard St, Chicago, IL 60614 - Photo 1 Sold
$1,450,000

2680 N Orchard St  #1  Chicago, IL 60614

  • Condo / Townhouse
  • Closed
  • 4
    Beds
  • 4
    Total Baths
  • 3,000
    Sq. Ft.
Listed by Dawn McKenna Group
2711 N Dayton St, Chicago, IL 60614 - Photo 1 Sold
$1,620,000

2711 N Dayton St  #1  Chicago, IL 60614

  • Condo
  • Closed
  • 4
    Beds
  • 4
    Total Baths
2653 N Dayton St, Chicago, IL 60614 - Photo 1 Sold
$1,575,000

2653 N Dayton St  #1  Chicago, IL 60614

  • Condo
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 2,500
    Sq. Ft.
2908 N Burling St, Chicago, IL 60657 - Photo 1 Sold
$1,566,908

2908 N Burling St  #1  Chicago, IL 60657

  • Condo
  • Closed
  • Updated 4 hours ago
  • 4
    Beds
  • 3
    Total Baths
  • 3,400
    Sq. Ft.

740 W Schubert Avenue, Chicago, IL 60614 (MLS# 12788493) is a Multi-Family property with 3 units containing 6 bedrooms and 0 full bathrooms. 740 W Schubert Avenue is currently listed for $1,550,000 and was received on October 20, 2026. Want to learn more about 740 W Schubert Avenue? Do you have questions about finding other Multi-Family real estate for sale in Lincoln Park? You can browse all Lincoln Park real estate or contact a Coldwell Banker agent to request more information.

Tour this property