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Listed by Jeanine Wheelerof @properties Christie's International Real Estate
$1,700,000
Est. payment /mo
5 Beds
3,049 Sqft Lot
New
1938 W School Street Chicago, IL 60657
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Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12648799
Style Cottage
Bedrooms 5
Year Built 1896
Annual Tax Amount $17,812
Tax Year 2023
Lot Size 3,049 Sqft
Lot Dimensions 25X125
Property Sub-Type Two to Four Units
Property Description
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.
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Finished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
View Y/N true
Roof Type Asphalt
Building
Sewer Public Sewer
Water Public
Structure Type Brick,Frame
New Construction false
Schools
Elementary Schools Jahn Elementary School
Middle Schools Jahn Elementary School
High Schools Lake View High School
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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