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