1938 W School Street Chicago, IL $ 1,700,000
1938 W School Street
$ 1,700,000
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1938 W School Street

Chicago, IL, 60657
$ 1,700,000
Bedrooms5 Baths3.0

Monthly Estimate*

$ 10,467

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Single Family Home for sale in Chicago, IL

for $1,700,000 with 5 bedrooms and 3 full baths. This home was built in 1893 on a lot size of 0.072.

Exceptional opportunity to own a truly one-of-a-kind property in highly sought-after Roscoe Village featuring a beautifully renovated single-family home plus a rare, fully legal two-unit coach house. Offering incredible versatility and income potential, this unique property seamlessly blends luxury living with investment opportunity. The expansive 5-bedroom, 3-bath main residence was originally rebuilt in 2008 and has just undergone a complete designer renovation by MK Construction in 2025/2026. Thoughtfully reimagined with sophisticated finishes and exceptional craftsmanship throughout, the home offers an ideal floor plan with 3 bedrooms on the upper level, 2 additional bedrooms below, and an insulated attic for added flexibility and storage. The sun-drenched main level features an open-concept layout perfect for both everyday living and entertaining. A stunning chef's kitchen showcases imported German cabinetry, Fisher & Paykel refrigerator, Bosch convection oven and cooktop, Miele dishwasher, wine refrigerator, and an oversized dining area. Additional highlights include a functional rear mudroom, abundant natural light from new Climate Guard windows, and beautifully designed custom closets throughout the home. The luxurious primary suite offers a true retreat with two custom walk-in closets and a private outdoor deck overlooking the professionally landscaped backyard. Every bedroom is generously sized with thoughtfully designed storage solutions. Adding to the property's exceptional appeal is the rare "grandfathered" coach house featuring two separate rental units - one 1-bedroom and one 2-bedroom apartment - both currently leased below market value, presenting immediate upside potential. Each unit includes central heat and air conditioning, in-unit laundry, and private outdoor space. Water mains to both buildings have also been updated. Ideally located near top-rated schools including DePaul Prep, Lane Tech, and Jahn Elementary, this remarkable property offers a rare combination of luxury, flexibility, and long-term value in one of Chicago's most desirable neighborhoods. Ample street parking is available on quiet, one-way School Street.

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Single Family Active

Price

$ 1,700,000

Bedrooms

5

Full Bath

3

Property Type

Single Family

Taxes

$ 20,291

Style

Lot Size

0.072

Year Built

1893

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12649410

Features
General
Living Area 0
Sewer Public Sewer
Heating Natural Gas Forced Air
Cooling Central Air
Possession Closing
Roof Asphalt
Appliances Dishwasher Refrigerator Washer Dryer Cooktop Oven Range Hood
Association Fee Includes None
Construction Materials Vinyl Siding
Year Built 1893
Township Lake View
Tax Year 2024
Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County Cook
New Construction N
Property Type Residential Detached Single
Other Structures Guest House Second Residence
Total Rooms 10
Full Baths 3
Status New
Directions From Damen Avenue turn East
High School Lake View High School
City Chicago
High School District 299
MLS Area CHI - North Center
Elementary School Jahn Elementary School
Tax Annual Amount 20291.9
Middle/Junior High School Jahn Elementary School
Additional Parcels Y/N N
Virtual Tour https://tours.positiveimagelive.com/2389294?idx=1
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Interior Amenities Walk-In Closet(s)
Basement Finished None Full Walk-Out Access
Half Baths 0
Laundry Features Upper Level In Unit
Total Bedrooms 5
Room Type Bedroom 5 Breakfast Room
Total Baths 3
Bedrooms Possible 5
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Exterior
Water Source Lake Michigan Public
Total Parking 0
Lot Dimensions 25x125
Lot Size Acres 0.072
Waterfront Y/N N
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* Excluded Features
List By
@Properties Christie's International Real Estate

Broker

jwheeler@atproperties.com

Email

Affordability Calculator

$12,158
Per Month
86%
14%
0%
Monthly Principal & Interest
$10,467
Monthly Property Taxes
$1,691
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566855 Elementary School
566855 Middle School
Lake View High School High School
Pricing History
DatePricePrice ChangeDescription
5/28/2026$1,700,000 Listed Price

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1938 W School Street, Chicago, IL, 60657 is a Single Family Home for sale at $1,700,000 with a lot size of 0.072. 1938 W School Street has 5 bedrooms, 3.0 baths, and was built in 1893. The property's zip code is 60657 which is in Chicago, IL