1900 North Bissell Street
CHICAGO, IL 60614

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$869,000

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  • 7 Bedrooms

  • 3 Bathrooms

  • 1886 Year Built

  • 9/16/2018 List Date

LINCOLN PARK- WELL CARED FOR LEGAL 3-UNIT BUILDING NEXT TO A PARK. Great investment opportunity in a very solid neighborhood in the Oscar Mayer School District. Incredible location on a fabulous tree-lined street just one block from the Armitage Brown & Purple Line "L" stop & a plethora of wonderful shops & restaurants. Good cash flow with around $65K in gross yearly income and room for improved revenue from future rent increases and/or additional improvements to the property. VERY EASY TO RENT LOCATION just 5 blocks from DePaul's campus. UPDATED BUILDING WITH SEPARATE UTILITIES FOR EACH APARTMENT including dishwashers & central air. Tenants pay their own gas, heat and electric. Bright units with high ceilings, hardwood floors & original vintage details. Building is fully occupied with great tenants. Turn-key building perfect for your long term investment return in one of Chicago's most sought-after neighborhoods!

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MLS#
10084559
Property Type
Residential

Interior

Exterior

Additional Details

This listing 1900 North Bissell Street Chicago, Il 60614 is a two to four units listing with 7 bedrooms on a lot of 1,307 sqft (or 0.03 acres). 1900 North Bissell Street was built in 1886. 1900 North Bissell Street is located in Chicago and in ZIP Code 60614. It has been listed on our site since 9/16/18.

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Listing Office

Baird & Warner

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Lincoln Park

Lincoln Park

Located on Chicago’s Near Northwest side, Lincoln Park is one of the city’s most well-known neighborhoods. Close to the Loop and close to the Lake, Lincoln Park has been a desirable address for many years. It is a fully developed community replete with theaters, restaurants, boutiques, upscale national retailers and a vibrant nightlife.  You can easily find everything ...

*Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.

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