# 740 W. SCHUBERT Avenue, Chicago, IL 60614 > **TL;DR:** 6bd/3ba single family, $1,550,000, built 1888. Est. $8,290/mo. Listed 14 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,550,000 | | Bedrooms | 6 | | Bathrooms | 3 full | | Year Built | 1888 | | Property Type | Single Family (Other) | | Status | Active Under Contract | | Days on Market | 14 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $7,838 | | Estimated Insurance | $452 | | **Total** | **$8,290** | ## Nearby Schools - **Elementary:** Alcott Elementary School - **Middle:** Alcott Elementary School - **High:** Lincoln Park High School ## Property Highlights - Built in 1888 ## Description ### Agent Description 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. ## Location - **Address:** 740 W. SCHUBERT Avenue, Chicago, IL 60614 - **County:** Cook ## Listing Agent - **Name:** Michael Hall - **Brokerage:** Baird & Warner Real Estate - **Broker Phone:** 7736975555 ## Photos ![740 W. SCHUBERT Avenue - Photo 1](http://lh.rdcpix.com/8bd6c6f576fc32dc5463d79518973fbdl-f838444119r.jpg) ![740 W. SCHUBERT Avenue - Photo 2](http://lh.rdcpix.com/8bd6c6f576fc32dc5463d79518973fbdl-f863050633r.jpg) ![740 W. SCHUBERT Avenue - Photo 3](http://lh.rdcpix.com/8bd6c6f576fc32dc5463d79518973fbdl-f19993232r.jpg) ![740 W. SCHUBERT Avenue - Photo 4](http://lh.rdcpix.com/8bd6c6f576fc32dc5463d79518973fbdl-f4248505948r.jpg) ![740 W. SCHUBERT Avenue - Photo 5](http://lh.rdcpix.com/8bd6c6f576fc32dc5463d79518973fbdl-f389679632r.jpg) ![740 W. SCHUBERT Avenue - Photo 6](http://lh.rdcpix.com/8bd6c6f576fc32dc5463d79518973fbdl-f3019929087r.jpg) ![740 W. SCHUBERT Avenue - Photo 7](http://lh.rdcpix.com/8bd6c6f576fc32dc5463d79518973fbdl-f1196136987r.jpg) ![740 W. SCHUBERT Avenue - Photo 8](http://lh.rdcpix.com/8bd6c6f576fc32dc5463d79518973fbdl-f2916546463r.jpg) ![740 W. SCHUBERT Avenue - Photo 9](http://lh.rdcpix.com/8bd6c6f576fc32dc5463d79518973fbdl-f1988146586r.jpg) ![740 W. SCHUBERT Avenue - Photo 10](http://lh.rdcpix.com/8bd6c6f576fc32dc5463d79518973fbdl-f2456389906r.jpg) ![740 W. SCHUBERT Avenue - Photo 11](http://lh.rdcpix.com/8bd6c6f576fc32dc5463d79518973fbdl-f399879002r.jpg) ![740 W. SCHUBERT Avenue - Photo 12](http://lh.rdcpix.com/8bd6c6f576fc32dc5463d79518973fbdl-f448636651r.jpg) ![740 W. SCHUBERT Avenue - Photo 13](http://lh.rdcpix.com/8bd6c6f576fc32dc5463d79518973fbdl-f3319089590r.jpg) ![740 W. SCHUBERT Avenue - Photo 14](http://lh.rdcpix.com/8bd6c6f576fc32dc5463d79518973fbdl-f3840351937r.jpg) ![740 W. SCHUBERT Avenue - Photo 15](http://lh.rdcpix.com/8bd6c6f576fc32dc5463d79518973fbdl-f2644847002r.jpg) ![740 W. SCHUBERT Avenue - Photo 16](http://lh.rdcpix.com/8bd6c6f576fc32dc5463d79518973fbdl-f270117348r.jpg) ![740 W. SCHUBERT Avenue - Photo 17](http://lh.rdcpix.com/8bd6c6f576fc32dc5463d79518973fbdl-f3090533954r.jpg) ![740 W. SCHUBERT Avenue - Photo 18](http://lh.rdcpix.com/8bd6c6f576fc32dc5463d79518973fbdl-f2926494265r.jpg) ![740 W. SCHUBERT Avenue - Photo 19](http://lh.rdcpix.com/8bd6c6f576fc32dc5463d79518973fbdl-f3514077821r.jpg) ![740 W. SCHUBERT Avenue - Photo 20](http://lh.rdcpix.com/8bd6c6f576fc32dc5463d79518973fbdl-f3249163870r.jpg) ![740 W. SCHUBERT Avenue - Photo 21](http://lh.rdcpix.com/8bd6c6f576fc32dc5463d79518973fbdl-f620010483r.jpg) ![740 W. SCHUBERT Avenue - Photo 22](http://lh.rdcpix.com/8bd6c6f576fc32dc5463d79518973fbdl-f399772088r.jpg) ![740 W. SCHUBERT Avenue - Photo 23](http://lh.rdcpix.com/8bd6c6f576fc32dc5463d79518973fbdl-f1392721188r.jpg) ![740 W. SCHUBERT Avenue - Photo 24](http://lh.rdcpix.com/8bd6c6f576fc32dc5463d79518973fbdl-f3162331043r.jpg) ![740 W. SCHUBERT Avenue - Photo 25](http://lh.rdcpix.com/8bd6c6f576fc32dc5463d79518973fbdl-f3024671464r.jpg) --- **MLS#:** 12788493 | **Updated:** 2026-10-29 **Source:** listhub *Copyright © 2026 Baird & Warner Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/740-w-schubert-avenue-chicago-il-60614-b1113b7320f249c3a6d686137ed2ab40) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/740-w-schubert-avenue-chicago-il-60614-b1113b7320f249c3a6d686137ed2ab40#listing", "url": "https://www.propertysimple.ai/listing/740-w-schubert-avenue-chicago-il-60614-b1113b7320f249c3a6d686137ed2ab40", "name": "740 W. SCHUBERT Avenue, Chicago, IL 60614", "description": "Lincoln Park- This turnkey, legal 3-unit building sits on a quiet tree-lined street in one of Chicago's most desirable neighborhoods. 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