1900 N Bissell Street Chicago, IL 60614
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.
- Property TypeMulti-Family
- NeighborhoodDepaul
- CountyCook
- Taxes$18,735
- HOA/Condo/Coop Fees$0
- Days on Site3 Days
- MLS StatusActive
- MLS ID Number12129896
- Home Size Source N/A
- Year Built1886
- Lot Size Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 0
- Sewer Public Sewer
- Basement Full
- Property Sub Type Multi Family
- Zoning MULTI
- General Information None
- Rooms Total 20
- Lot Size Standard Chicago Lot
- Water Lake Michigan
- Parking Total 0
Interior Features
- Heating Natural Gas
Exterior Features
- Roof Flat
- Waterfront Property No
Community Features
- Township North Chicago
- MLS Area CHI - Lincoln Park