Active
1900 N Bissell Street
Chicago IL, 60614
$1,395,000
Active
8 Beds
4 Baths
Multi-family
Built in 1886
Courtesy of Compass
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.
12204176
MLSⓇ ID
January 13, 2025
Listed
January 19, 2025
Updated
Map
1900 N Bissell Street
Chicago IL, 60614
Interior Features
Bedrooms
8
Total Bathrooms
4
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Roof
Flat
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
$18,736
Tax Frequency
Annually
Days on Market
7
Garage
No
Parking Total
0
View
No
County
Cook
Municipality
North Chicago
Water Source
Lake Michigan
Pool
No
Zoning
MULTI
Courtesy of Compass, Alexandre Stoykov,
Listing Contact: 312-319-1168
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Data last updated 6:42 AM UTC, 1/19/2025