Find the home or investment property you’ve been looking for!

Quick Search
Advanced

Select Search Area

Selected Areas (10)
Listing Types




Property Features









2 Flat 2119 Bissell Chi Lincoln Park Chicago IL

City: CHICAGO ZIP: 60614

Built In: U

Lot Size: Standard Chicago Lot

Lot Dimensions: 25X125

# of Units: 2

Unit 1 Floor 1: 4 bedrooms 2 baths $0

Unit 2 Floor G: 2 bedrooms 1 baths $2550

Gross Income $2,550

Detailed Listing Description

Two-unit building located on a premier block in Lincoln Park. Zoned RT-4, can be ideal as a rental building, owner occupants looking for a customizable main unit, or to be turned into a dream single-family home. The garden unit (2bd/1ba) was rehabbed less than four years ago and currently rents for $2,550 per month. The main unit (4bd/2ba) maintains many vintage details and was rented for $4,700 per month earlier this year. A large backyard has room for a spacious garage and/or addition, if desired. In-district schools are Mayer Elementary School and Lincoln Park HS.

Additional Property Details

Garage & Parking
  • ParkingSpace/s,
  • Number of Parking Spaces2
  • Parking on SiteYes
  • Parking OwnershipOwned
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1None,
  • Tenant Pays Unit 2None,
Appliances
  • Appliances Unit 1Stove, Refrigerator, Dishwasher, Microwave,
  • Appliances Unit 2Stove, Refrigerator, Dishwasher,
Schools
  • Grade SchoolOSCAR MAYER ELEMENTARY SCHOOL
  • Grade School District299
  • Jr High/Middle SchoolOSCAR MAYER ELEMENTARY SCHOOL
  • Jr High/Middle School District299
  • High SchoolLINCOLN PARK HIGH SCHOOL
  • High School District299

Comparative Data

Zip Code Comparison: 60614

Listings in this Zip Code average: 3 to 4 units, and are priced at $1,397,655 to $1,464,000
This listing is 29% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Lincoln Park

Listings in this Neighborhood average: 3 to 4 units, with average prices of $1,494,179 to $1,560,429
This listing is 39% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $30,600 Monthly $2,550
Rental Income Stabilized : Annual $22,464 Monthly $1,872
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$1,049,0002$524,5000.04%34.280.18%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,550$1,872
Year Total$30,600$22,464
Expense
Total$30,229$30,229
Net Operating Income$371$-7,765
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $12693 $35145 $47838 $3987
Total         $12,693 $35,145 $47,838   $-47,467 $12,693 $-34,774
Stabilized         $12,693 $35,145 $47,838   $-55,603 $12,693 $-42,910
Custom         $12693 $35145 $47838   $-55603 $12693 $-42910




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1786,7503,9871,0372,9501,0372,9503,987
2785,7133,9871,0412,9462,0775,8977,974
3784,6733,9871,0442,9433,1228,83911,961
4783,6283,9871,0482,9394,17011,77815,948
5782,5803,9871,0522,9355,22214,71319,935
6781,5283,9871,0562,9316,27917,64323,922
7780,4713,9871,0602,9277,33920,57027,909
8779,4113,9871,0642,9238,40323,49331,896
9778,3473,9871,0682,9199,47126,41235,883
10777,2793,9871,0722,91510,54429,32639,870
11776,2063,9871,0762,91111,62032,23743,857
12775,1303,9871,0802,90712,70035,14447,844
13774,0503,9871,0842,90313,78438,04751,831

Explore Nearby Neighborhoods

Portage ParkNearby Neighborhoods X Plus Real Estate

Portage Park

Humboldt ParkNearby Neighborhoods X Plus Real Estate

Humboldt Park

Logan SquareNearby Neighborhoods X Plus Real Estate

Logan Square

Listing Agent: Camille Canales
Listing Office: Compass
1939 N Francisco Ave Chicago

© 2017 Midwest Real Estate Data, LLC (MRED). The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data, LLC (MRED). Real Estate listings held by brokerage firms other than X Plus Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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.