1900 N Bissell Street
Chicago, IL 60614
- 8 beds
- 4 baths
- – sqft
- 1,500 sqft lot
- 1886 build
- – on site
Beautiful Brick Turnkey Investment Apartment Building in DePaul/Lincoln Park. This property is located on the train side, but residents think it's the best-kept secret in the area. Discover this prime investment opportunity in the highly desirable DePaul/Lincoln Park neighborhood. This charming brick building features three well-maintained apartments plus one non-conforming garden unit. Each unit boasts newer kitchens and bathrooms, high ceilings, and elegant vintage woodwork. The property is equipped with central gas forced air (GFA) heating and air conditioning. The building generates an impressive $115,000 in yearly gross rental income, with the potential for additional earnings from continued rent growth in the area. Located on a beautiful tree-lined street, this property offers residents the perfect balance of urban convenience and neighborhood charm. Situated just one block from the Armitage L stop and five blocks from the DePaul University campus, this property is also within the Oscar Mayer Elementary School District. The proximity to a small park next door and ample zoned parking add to the appeal for potential tenants. Invest in one of Chicago's most sought-after neighborhoods with this solid, income-generating property. Don't miss out on this fantastic investment opportunity! All tenants are on standard leases with a fantastic management company in place. Layouts are attached. Bedrooms are on the smaller end, but haven't affected leasing capabilities. Roof inspection was just completed and report is available. Overall, the roof is in great shape.
Listing courtesy of MRED / Compass as distributed by MLS GRID
Last checked:
Checking…
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Last updated Oct 18, 2024
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MLS# 12129896 —
The Building
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Year Built:1886
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Rebuilt:No
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New Construction:false
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New Construction:No
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Roof:Flat
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Basement:Full
Interior
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Rooms Total:20
Location
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Directions:Willow to Bissell, north to property
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Location:87291
The Property
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Parcel Number:14324070790000
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Property Type:Residential Income
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Lot Size Dimensions:25 X 60
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Zoning:MULTI
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (312) 593-3110
- Office phone:
- (312) 319-1168
Taxes
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Tax Year:2023
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Tax Annual Amount:18735.9
Beds
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Bedrooms Total:8
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Bedrooms Possible:8
Baths
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Baths:4
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Full Baths:4
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas
Utilities
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Sewer:Public Sewer
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Water Source:Lake Michigan
Schools
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Elementary School:Oscar Mayer Elementary School
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Elementary School District:299
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Middle Or Junior School District:299
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High School:Lincoln Park High School
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High School District:299
The Community
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Subdivision Name:Depaul
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
9/23/24
Sep 23, 2024
|
Listed / Active | MRED | $1,395,000 | 1.5% (0.8% / YR) |
10/17/22
Oct 17, 2022
|
MRED | $1,375,000 | -3.5% | |
10/6/22
Oct 6, 2022
|
MRED | $1,425,000 |