$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.
Closed
$1,675,000
2016 N Bissell St, Chicago, IL 60614
8beds
--sqft
Multi Family
Built in 1883
-- sqft lot
$2,072,400 Zestimate®
$--/sqft
$6,451 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 25, 2022 at 11:09am
Listing courtesy of:
Michael Hall 773-398-4359,
Baird & Warner
Bought with:
Carrie McCormick
@properties Christie's International Real Estate
Source: MRED as distributed by MLS GRID,MLS#: 11430717

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Forced Air
Features
- Basement: Full
Property
Parking
- Total spaces: 7
- Parking features: Assigned
Features
- Patio & porch: Patio
Lot
- Size: 3,975 sqft
- Dimensions: 53FT X 75FT
- Features: Outdoor Lighting, Sidewalks, Streetlights
Details
- Parcel number: 14322250300000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Greystone
- Property subtype: Multi Family
Materials
- Brick, Limestone
Condition
- New construction: No
- Year built: 1883
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Community
- Community features: Sidewalks, Street Lights, Street Paved
Location
- Region: Chicago
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Services availability
Sell for more on Zillow
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$2,072,400
2% more+ $41,448
With Zillow Showcase(estimated)
$2,113,848