1311 W. Schubert Ave, in Chicago's premier Lincoln Park / DePaul University neighborhood, is being offered at an upper 6 Cap Rate. This cash flowing, legal 4-Unit building consists of 2 separate buildings. The four unit residential offering consists of two, 3 bedroom / 2 bathroom units (one duplex up and one duplex down) in the front of the property and two, 2 bedroom / 2 bath units (simplex) in the rear of the property. Each unit is equipped with its own washer and dryer. All units have central heat and AC. Tenants pay electric, gas and heat. Owner pays for water. High walk score (82) and Transit score (75). Close proximity to DePaul University, public transportation, shopping and an abundance of restaurants, night life and all that Lincoln Park has to offer.
Off market
$1,677,400
1311 W Schubert Ave, Chicago, IL 60614
10beds
8baths
2,296sqft
MultiFamily
Built in 1886
-- sqft lot
$1,677,400 Zestimate®
$731/sqft
$3,943 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 8
Heating
- Gas
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
Interior area
- Total interior livable area: 2,296 sqft
Property
Parking
- Parking features: None
Features
- Exterior features: Vinyl
Lot
- Size: 3,224 sqft
Details
- Parcel number: 1429308019
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Shake / Shingle
Condition
- Year built: 1886
Utilities & green energy
- Sewer: Sewer-Public
Community & neighborhood
Location
- Region: Chicago
Other
Other facts
- Built Before 1978 (Y/N): Yes
- Heat/Fuel: Gas
- Sewer: Sewer-Public
- Water: Public
- Listing Type: Exclusive Right To Sell
- Status: Active
- Age: 100+ Years
- Type-Multi: 2 Flat, 2 Story Unit/s, 1 Story Unit/s, Other, Coach House
- Appliances/Features Unit 1: Stove, Refrigerator, Washer, Dryer, Microwave, Dishwasher
- 3 Br Un In Bldg (Y/N): Yes
- Exterior Building Type: Vinyl Siding
- Area Amenities: Curbs/Gutters, Gated Entry, Street Lights, Street Paved, Sidewalks, Park/Playground
- Recent Rehab (Y/N): Yes
- Exterior Property Features: Patio, Porch, Outdoor Grill
- Lot Dimensions: 25X131
- Additional Media Type 2: 3D Tour
- Appliances/Features Unit 2: Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave
- Tenant Pays - Unit 1: Electric, Gas, Heat
- Tenant Pays - Unit 2: Electric, Gas, Heat
- Additional Media Type 1: 3D Tour
- Appliances/Features Unit 3: Stove, Refrigerator, Dishwasher, Microwave, Washer, Dryer
- Appliances/Features Unit 4: Stove, Refrigerator, Dishwasher, Microwave, Washer, Dryer
- Tenant Pays - Unit 3: Electric, Gas, Heat
- Tenant Pays - Unit 4: Electric, Gas, Heat
- Tax Year: 2018
- Parcel Identification Number: 14293080190000
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$1,677,400
2% more+ $33,548
With Zillow Showcase(estimated)
$1,710,948