2016 North Bissell Street
2016 North Bissell Street
$1,675,000
8
4
—
—
—
Closed 8/25/22
Description
$148,200 in yearly income from this absolutely turnkey legal 4-unit building in an unbeatable lincoln park location! Sitting on a rarely available 53-foot wide lot with 7-car parking 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,...$148,200 in yearly income from this absolutely turnkey legal 4-unit building in an unbeatable lincoln park location! Sitting on a rarely available 53-foot wide lot with 7-car parking 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.
Property Details for 2016 North Bissell Street
Area
CHI - Lincoln Park
TownshipLake View
OwnershipFee Simple
Num Of Parking Spaces7.0
Num Of Cars7.0
Parking Included in PriceYes
Heat/FuelNatural Gas, Forced Air
Architectural StyleGreystone
Location
LISTING UPDATED: 08/25/2022 01:09 PM
Property Details for 2016 North Bissell Street
Status | Closed |
---|---|
MLS # | 11430717 |
Days on Market | 77 |
Taxes | $28,546 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 4 Flat |
Year Built | 1883 |
Lot Size | 53.00 AC / 2,308,680 SF |
County | Cook County |
Location
Building Information for 2016 North Bissell Street
Stories-Residences4Year Built1883Building Size-Lot Size53.00 AC / 2,308,680 SF
Payment Calculator
$11,520 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2016 North Bissell Street
Property History for 2016 North Bissell Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2016 North Bissell Street
Taxable ValueLand$49,687Additions$117,803Total$167,490
Tax Record2022$33,746 ($2,812 / month)
Home Facts
Baths5.5Total Finished SqFt5,389 SqFtAbove Grade Finished SqFt5,389 SqFtStories3Lot Size3,975 SqFtStyleMulti-Family Res (5+ Units)Year Built1881CountyCOOKAPN14-32-225-030Fireplace TypeHas Fireplace
Schools near 2016 North Bissell Street
This home is within City Of Chicago School District 299.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 8 | |||
Public - | K to 8 |
Rating | School | Distance |
---|---|---|
Mayer Elementary School PublicPK to 8 | ||
Lincoln Park High School Public9 to 12 | ||
Newberry Elementary Math & Science Academy PublicPK to 8 | ||
Lasalle Elementary Language Academy PublicK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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