Address
1962 North Bissell Street Chicago, IL
Price
$ 2,100,000
Property Attributes
  • MLS#10552328
  • TypeCommercial
  • CountyCOOK
  • CityChicago
  • AreaCHI - Lincoln Park
  • NeighborhoodRanch Triangle
  • Zip60614
  • StyleCommercial,Conditional Use,Condominium,Office and
  • Year Built1917
  • Taxes39997
  • Price$ 2,100,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7080
  • Lot Size3,406 SqFt
Listing Provided Courtesy Of:
Baird & Warner
Property Description

Location, Location, Location! Prime Mixed-Use / Commercial opportunity in the heart of Lincoln Park. Three floors of independent wide open spaces provide any future owner or tenant a blank slate to transform this unique property into exactly what is desired. Proximity to CTA including Armitage Brown Line and Halsted bus routes. The area boasts a healthy abundance of street level pedestrian traffic and medium to high end retail, restaurants, bars and quick dine. Four dedicated car spots for tenants, and plenty of street parking for patrons, guests. Street parking directly in front of building currently being re-zoned for loading access to facilitate access. Existing below market rents support attractive cap rates. Perfect for owner / occupant / operator. First and second floors have the ability to be re-partitioned for practical use as office space, clinic, retail store, restaurant, etc. Please inquire for specifics.

Price History
10/18/2019 Listed $2,250,000
1/3/2020 7% - $2,100,000

General Features

# Of Tenants 3
Age New Rehab
Built Before 1978 Yes
Directions SOUTHWEST CORNER OF ARMITAGE AVE AND BISSELL ST.
Electric Expense 3912
Lease Type Modified Gross
Location Central Business District, Corner, Mixed Use Area, Park Adjacent, Public Transport Avail
Other Expenses 2200
Property SubType AO, AS, OS
Status Active
Tax Year 2018
Taxes 39997
Total Units 3
Year Built 1917
Zoning COMMR

Interior Features

Air Conditioning Central Air
Dryer(s) 2
Fire Protection Carbon Monoxide Detector(s)
Market Code Active
Ranges 1
Refrigerators 1
Stores 2
Total Stories 3
Water Expense Source Broker Projection

Exterior Features

Building Area Total 7080
Frontage/Access City Street
Idx Status Yes
Lot Dimensions 51' X 75'
Lot Sq Ft 3406
Managing Broker (y/n) No
Net Operating Income Year 2018
Number of Parking Spaces 4
Original Rental Price 30

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 60614

Price
AVG $460K
$2.1M
Taxes
AVG $17,575
$39,997
Visits
AVG 18
323
Year Built
AVG 1951
1917
Walkscore
AVG 93
97
Data Provided by Walkscore ® not using MLS data