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    1940 N Bissell Street

    Chicago, IL 60614
    • $999,999
    • STATUS: Active Under Contract
    • ON SITE: 85 days
    • MLS #: 11080619
    Under Contract
    UPDATED: 29 min ago
    $999,999
    • 7
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1886
    County:

    School Information

    Elementary School:
    School District:
    299

    Description

    Take advantage of the golden opportunity to own this charming multi-unit in the highly desirable Lincoln Park neighborhood! This cash flowing property is a solid brick two flat plus garden unit. That's three income producing units on a double wide lot (48 x 60). The first floor unit is a 2 bed + den & 1 bath, featuring updated kitchen & bath, and hardwood flooring. The sun drenched and recently rehabbed second floor unit includes 3 bedrooms, 1 bathroom, new flooring, new stainless steel appliances, corian countertops, new cabinetry, new lighting, and completely updated bathroom. It is perfect as an owner occupied unit or steady rental. The garden unit is a beautifully updated 2 bedroom/1 bathroom unit with new kitchen, new bathroom, new floors and fixtures. The common area of the basement has a shared laundry room plus extra storage. Each unit also has its own dedicated storage space. The unbeatable outdoor space has a large brick patio which is perfect for grilling, entertaining or relaxing in the sun! A full roof replacement and tuckpointing was done six years ago. There is space behind the building for 2-3 parking spots. This property is just steps from the brown line train and other public transportation is easily accessible. Its right in the heart of Lincoln Park's great restaurants, shopping, and parks! Each unit is very easy to rent! Unit 1: $1900 exp. 4/30/2022 , unit 2: $2000 exp. 4/30/2022, unit G: $1,800 exp. 7/31/2021.

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or eXp Realty. Based on information submitted to the MRED as of 2021-08-01T11:52:56.123 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    1940 N Bissell Street Chicago, IL 60614

    • Price: $999,999
    • Status: Active Under Contract
    • Updated: 29 min ago
    • MLS #: 11080619
    7
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    1886
    Built
    Neighborhood:
    Chi - Lincoln Park
    County:
    Cook
    Area:
    Chi - Lincoln Park
    Elementary School:
    Oscar Mayer Elementary School
    High School:
    Lincoln Park High School
    School District:
    299
    Property Description
    Take advantage of the golden opportunity to own this charming multi-unit in the highly desirable Lincoln Park neighborhood! This cash flowing property is a solid brick two flat plus garden unit. That's three income producing units on a double wide lot (48 x 60). The first floor unit is a 2 bed + den & 1 bath, featuring updated kitchen & bath, and hardwood flooring. The sun drenched and recently rehabbed second floor unit includes 3 bedrooms, 1 bathroom, new flooring, new stainless steel appliances, corian countertops, new cabinetry, new lighting, and completely updated bathroom. It is perfect as an owner occupied unit or steady rental. The garden unit is a beautifully updated 2 bedroom/1 bathroom unit with new kitchen, new bathroom, new floors and fixtures. The common area of the basement has a shared laundry room plus extra storage. Each unit also has its own dedicated storage space. The unbeatable outdoor space has a large brick patio which is perfect for grilling, entertaining or relaxing in the sun! A full roof replacement and tuckpointing was done six years ago. There is space behind the building for 2-3 parking spots. This property is just steps from the brown line train and other public transportation is easily accessible. Its right in the heart of Lincoln Park's great restaurants, shopping, and parks! Each unit is very easy to rent! Unit 1: $1900 exp. 4/30/2022 , unit 2: $2000 exp. 4/30/2022, unit G: $1,800 exp. 7/31/2021.
    Exterior Features

    Exterior Building Type Brick Exterior Features Brick Paver Patio Foundation Details Concrete Perimeter Is Parking Includedin Price Yes Number Of Cars 2 Parking Space/S Parking Features Off Alley Parking On Site Yes Parking Ownership N/A Parking Total 2 Roof Flat Unit1 Floor Level 1 Unit2 Floor Level 2 Waterfront YN No

    Interior Features

    3 Bedroom Unit In Building Yes Appliances Features Unit1 StoveRefrigeratorDishwasherCentral Air ConditionerHardwood Floors Appliances Features Unit2 StoveRefrigeratorDishwasherCentral Air ConditionerHardwood Floors Basement Full Basement Description Finished Bathrooms Total Integer 3 Bedrooms Below Grade 0 Bedrooms Possible 7 Full Baths In Building 3 Full Baths In Unit1 1 Full Baths In Unit2 1 Half Baths In Building 0 Half Baths In Unit1 0 Half Baths In Unit2 0 Heating Natural GasForced Air Number Of Bedrooms Unit1 2 Number Of Bedrooms Unit2 3 Number Of Rooms Unit1 6 Number Of Rooms Unit2 6 Rooms Total 12

    Property Features

    Additional Parcels YN No Age Description 100+ Years Built Before1978 YN Yes Community Features ParkSidewalksStreet Lights Corporate Limits Chicago General Information None Gross Income 68400 Insurance Expense 1965 Lease Exp Date Mo Yr Unit1 4/22 Lease Exp Date Mo Yr Unit2 4/22 Lot Size Less Than .25 Acre Lot Size Dimensions 48 X 60 Net Operating Income 41036 New Construction YN No Property Sub Type 2 Flat Rebuilt YN No Rehab Year 2016 Rehab YN Yes Security Deposit Unit1 1900 Security Deposit Unit2 0 Sewer Public Sewer Special Assessments N Special Listing Conditions None Special Service Area N Tax Annual Amount 16898.93 Tax Year 2019 Tenant Pays Unit1 ElectricGasHeat Tenant Pays Unit2 ElectricGasHeat Total Rental Income 68400 Unit1 Rent 1900 Unit2 Rent 2000 Water Sewer Expense 2600 Water Source Lake Michigan Zoning Multi

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Chicagoland Brokers, Inc..


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or eXp Realty. Based on information submitted to the MRED as of 2021-08-01T11:52:56.123 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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