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2016 N Bissell Street

Chicago, IL 60614
  • $1,769,000
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: 11325939
UPDATED: 50 min ago
$1,769,000
  • 8
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1883
County:

School Information

Elementary School:
School District:
299

Description

OFFERED FOR THE FIRST TIME IN 22 YEARS, THIS STATELY, BRICK AND STONE LEGAL 4-UNIT BUILDING IN THE VERY HEART OF LINCOLN PARK HAS RT-4 ZONING, IS TRULY TURNKEY AND SITS ON A RARELY AVAILABLE DIVISIBLE 53-FOOT WIDE LOT! 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.

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© 2022 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or RE/MAX IMPACT. Based on information submitted to the MRED as of 2022-05-18T18:03:07.26 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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2016 N Bissell Street Chicago, IL 60614

  • Price: $1,769,000
  • Status: Active
  • On Site: 36 Days
  • Updated: 50 min ago
  • MLS #: 11325939
8
Beds
0
Baths
0
½ Baths
N/A
Acres
1883
Built
Neighborhood:
Chi - Lincoln Park
County:
Cook
Area:
Chi - Lincoln Park
Elementary School:
Oscar Mayer Elementary School
Middle School:
Oscar Mayer Elementary School
High School:
Lincoln Park High School
School District:
299
Property Description
OFFERED FOR THE FIRST TIME IN 22 YEARS, THIS STATELY, BRICK AND STONE LEGAL 4-UNIT BUILDING IN THE VERY HEART OF LINCOLN PARK HAS RT-4 ZONING, IS TRULY TURNKEY AND SITS ON A RARELY AVAILABLE DIVISIBLE 53-FOOT WIDE LOT! 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.
Exterior Features

Architectural Style Greystone Exterior Building Type BrickLimestone Exterior Features Patio Is Parking Included In Price Yes Lot Size Oversized Chicago Lot Multi Family Type 4 Flat Parking Details Space/S Parking Features Assigned Parking Onsite Yes Parking Ownership Owned Parking Total 7 Waterfront YN No

Interior Features

Basement Partially Finished Basement Bathrooms YN No Basement Details Full Bedrooms Below Grade 0 Bedrooms Total 8 Full Baths In Building 4 Half Baths In Building 0 Heating Natural GasForced Air Rooms Total 26

Property Features

Additional Parcels YN No Age 100+ Years Built Before1978 YN Yes Community Features SidewalksStreet LightsStreet Paved Corporate Limits Chicago General Information None Gross Income 135540 Mls Actual Status Active New Construction YN No Other Additional Income Parking Space/S Ownership Fee Simple Rebuilt YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 16636.43 Tax Year 2020 Total Numberof Unitsin Building 4 Total Rental Income 135540 Township Lake View Type Two To Four Units Water Source Public Zoning Multi

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Baird & Warner.


© 2022 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or RE/MAX IMPACT. Based on information submitted to the MRED as of 2022-05-18T18:03:07.26 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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