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1502 W School St #2, Chicago, IL, 60657

3beds
3baths
0sqft
$1,650,000
--price/sqft
$11,187/moest. monthly cost
$447,480/yrincome needed

About This Home

New Construction, duplex up, penthouse designed by Studio Group, delivering winter 2026. Offering 3 bedrooms, 2.5 bathrooms, a dedicated office and three incredible private outdoor spaces. Just steps from the Southport Corridor, this one of kind home blends bold design, elite craftsmanship at an unbeatable location. The main floor is anchored by a showpiece kitchen with Wolf and Sub-Zero appliances, bespoke Amish cabinetry, a 10' island with brass detailing, two stunning gold pendants, designer hardware and a large pantry. The family room is elevated by a fireplace and a stunning architectural pocket bar with custom fluted doors & millwork concealing two closets flanking the wet bar with a Sub-Zero refrigerator, bar sink, antique tile backsplash, whitewashed oak shelves and lighting from Rejuvenation. The rear family room walks out onto an elegant covered rear porch, one of three private outdoor spaces. The thoughtful floor plan includes a dedicated office space on the main living level as well as an opportunity for a work desk area on the roof level providing maximum versatility for homeowners. The private rooftop deck offer unbelievable skyline views and is finished paver decking, gas, power and water. The primary suite features a stunning bathroom with custom designed floating dual vanity, oversized brass mirror flanked by two elegant sconces and open shelf with brass hardware. The primary bath also features a steam shower, heated floors, separate soaking tub and water closet. Two oversized closets complete the luxury primary suite. The two middle bedrooms feature large windows and designed to accommodate bedroom, office and/or fitness programs. The middle bedrooms served by a full bath with a tub and floating vanity. Side x Side washer & dryer and additional an additional storage closet walk out onto third outdoor space. High efficiency HVAC system with smart a thermostat, fresh air exchange system, tankless hot water heater, and a hardwired security system are included. This home is also fully pre-wired for audio & technology upgrades. All of this in the heart of Lakeview, around the corner from Whole Foods, the Brown Line stop and the Southport restaurants & shopping corridor. Professionally designed, with thoughtfully curated, top of the line finishes throughout and meticulous attention to detail, this is truly a one of kind home.

Getting Around

90
WalkingWalker's Paradise
75
TransitExcellent Transit
90
BikeBiker's Paradise

Schools

9/10
3/10
Lake View High SchoolGrades 9-120.9 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Construction materials: Brick,Limestone,Fiber Cement

Type & Style

  • Home type: Condo
  • Property subType: Condominium,Duplex,Single Family Residence

Interior

Appliances

  • Appliances included: Humidifier,Gas Water Heater
  • Laundry features: In Unit

Basement

  • Basement: None

Bedroom2

  • Features: Flooring (Hardwood)
  • Level: Third
  • Area: 110
  • Dimensions: 11X10

Bedroom3

  • Features: Flooring (Hardwood)
  • Level: Third
  • Area: 132
  • Dimensions: 11X12

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Deck

  • Level: Second
  • Area: 247
  • Dimensions: 19X13

Deck

  • Level: Third
  • Area: 247
  • Dimensions: 19X13

Deck

  • Level: Fourth
  • Area: 836
  • Dimensions: 19X44

Dining Room

  • Features: Flooring (Hardwood)
  • Level: Second
  • Area: 121
  • Dimensions: 11X11

Family Room

  • Features: Flooring (Hardwood)
  • Level: Second
  • Area: 306
  • Dimensions: 17X18

Features

  • Wet Bar,Built-in Features,Walk-In Closet(s),Special Millwork
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Gas Log,Family Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Natural Gas,Radiant Floor
  • Cooling features: Central Air

Interior Area

  • Total structure area: 0

Kitchen

  • Features: Flooring (Hardwood)
  • Level: Second
  • Area: 272
  • Dimensions: 16X17

Laundry

  • Features: Flooring (Ceramic Tile)
  • Level: Third
  • Area: 18
  • Dimensions: 6X3

Living Room

  • Features: Flooring (Hardwood)
  • Level: Second
  • Area: 121
  • Dimensions: 11X11

Master Bedroom

  • Features: Flooring (Hardwood),Bathroom (Full,Double Sink,Tub & Separate Shwr)
  • Level: Third
  • Area: 168
  • Dimensions: 12X14

Office

  • Features: Flooring (Hardwood)
  • Level: Second
  • Area: 54
  • Dimensions: 6X9

Other

  • Features: Flooring (Hardwood)
  • Level: Fourth
  • Area: 126
  • Dimensions: 14X9

Pantry

  • Features: Flooring (Hardwood)
  • Level: Second
  • Area: 24
  • Dimensions: 6X4

Property

Accessibility

  • Accessibility features: No Disability Access

Details

  • Parcel number: 14203200410000
  • Special condition: None
  • Other equipment: Sump Pump,Air Exchanger

Parking

  • Total spaces: 1
  • Parking features: Yes,Garage Owned,Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Tsunami

FEMA Declared Disasters Across Illinois Counties

Flood
Other
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,343$100,116
Home Insurance *$336$4,032
Property Taxes $2,378$28,536
Electricity $130$1,569
Total$11,187$134,244
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$383,554/yr
40% on housing$335,610/yr
45% on housing$298,320/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.1%
15.1%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 60657$397
Cook County$225

vs Homes Sold Last Month

Median $/sqft

ZIP 60657$527
Cook County$219

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-07Contingent$1,650,000
2026-04-22Listed for sale$1,650,000

New Construction

AgentMichael Yeagle
Brokerage@properties Christie's International Real Estate

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