Chicago, IL 60614 1900 N Bissell Street

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Presented By: Compass
  • MLS# 12129896
  • 09/23/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 8
  • Baths • 4

Home Details

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.
Presented By: Compass

Interior Features for 1900 N Bissell Street

Bedrooms

Bedrooms Possible8
Total Bedrooms8

Bathrooms

Full Baths Building4
Half Baths Building
Total Baths4

Other Interior Features

BasementFull
BasementFinished
Total Number of Units4

General for 1900 N Bissell Street

CityChicago
CountyCook
Days on Market6
DirectionsWillow to Bissell, north to property
Elementary SchoolOscar Mayer Elementary School
Elementary School District299
Gross Income115000
HeatingNatural Gas
High SchoolLincoln Park High School
High School District299
MLS AreaCHI - Lincoln Park
Middle/Junior School District299
New ConstructionNo
Percent OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofFlat
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameDepaul
Tax Annual Amount18735.9
Tax Year2023
Total Rooms20
TownshipNorth Chicago
Waterfront Y/NNo
Year Built1886
ZoningMULTI

Exterior for 1900 N Bissell Street

ExteriorBrick, Stone
Lot Dimensions25 X 60
Total Parking0
Water SourceLake Michigan

Additional Details

Price History

Schools

High School Lincoln Park High School
Middle School N/A
Elementary School Oscar Mayer Elementary School

Worth Clark

Price $1,395,000
MLS#12129896
List Date 09/23/2024
Property Type Multi-Family
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