Sold

2016 N Bissell Street

Chicago IL, 60614

$1,675,000


Sold

8 Beds

4 Baths

Residential

Built in 1883

Courtesy of Baird & Warner

$148,200 IN YEARLY INCOME FROM THIS ABSOLUTELY TURNKEY LEGAL 4-UNIT BUILDING IN AN UNBEATABLE LINCOLN PARK LOCATION! Sitting on a rarely available 53-foot wide lot with 7-car parking this property has been lovingly cared for by its live-in owner of over 20 years and has no deferred maintenance. It's truly turnkey with recent improvements including all new HVAC systems with Nest thermostats (2020/21), modern copper and PVC plumbing, modern electric, new roof (2019), 4-pane sound proof aluminum windows, new solar powered, remote controlled Velux skylights, 42" solid cherry wood kitchen cabinetry, quartz countertops, in-unit laundry and dishwashers in all 4 apartments. All units are individually metered (all tenants pay their own utilities) and all have unobstructed south light and open views. Rents are below market value and could be higher as well. Current owner has never had a vacancy in 22 years of ownership. On-site parking for 7+ cars on adjacent (buildable) 33 by 75 ft lot (included in the price). Located on a quiet tree-lined street with multi-million dollar homes, this property offers an unparalleled A+ location between two of Lincoln Park's most sought after neighborhoods, Sheffield Neighbors and Ranch Triangle. It's also in the highly desirable Oscar Mayer School/Lincoln Park High School District with easy access to downtown, the lakefront and expressways. A plethora of world class shopping and restaurants are right outside its door with easy access to the Brown and Purple Lines at the Armitage "L" stop and just 4 blocks to access the Red Line at Fullerton Station. It is also close to DePaul University and Oz Park with its 13 acres of green space, outdoor amphitheater, tennis courts, baseball field, meditation garden and community playground. This is the perfect opportunity for the owner-occupied buyer or investor looking to invest and hold in one of Chicago's fastest appreciating neighborhoods.

11430717

MLS ID

June 9, 2022

Listed

March 28, 2024

Updated

Map

2016 N Bissell Street
Chicago IL, 60614

Interior Features

Bedrooms

8 Beds


Bathrooms

4 Baths


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Natural Gas, Forced Air

Exterior/Building Features

Exterior Features

Patio


Lot Features

Outdoor Lighting, Sidewalks, Streetlights


Architectual Style

Greystone


Sewer

Public Sewer

School Information

School District

299


High School

Lincoln Park High School


Elementary School

Oscar Mayer Elementary School

Other Property Details

Area Name

CHI - Lincoln Park


Taxes

$28,546


Tax Frequency

Annually


Days on Market

17


Garage

No


Parking

Assigned


Parking Total

7


View

No


County

Cook


Municipality

Lake View


Water Source

Public


Pool

No


Zoning

MULTI


Buyer Agency Compensation

2.5% - $395

Courtesy of Baird & Warner, Michael Hall,
Listing Contact: 773-710-3990 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Michael Rosenblum are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 3/28/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 4:06 AM UTC, 3/28/2024

 

 

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