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 2118 Bissell Lincoln Park Chicago IL Mu In

City: CHICAGO ZIP: 60614

Built In: U

Lot Size: L

Lot Dimensions: 25X75

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $OWN

Detailed Listing Description

Perfectly renovated Lincoln Park rowhome in an A+ Lincoln Park location. The home is currently set up as an owner's duplex w/3 bedrooms & 1.1 baths w/a separate garden apartment offering an additional 2 bedrooms, 1 bath, w/newly installed laundry. This caliber rowhome is straight out of a magazine and has been completely renovated w/up to the minute finishes while maintaining beautiful vintage features throughout. Classic styled front living & dining rooms w/custom mouldings and ceiling medallions. Gorgeous custom kitchen w/a Blue Star chef's stove, historic exposed-hinge cabinetry, & Carrera marble countertops. A well appointed eat-in area offers wonderful built-ins creating a great butler pantry area. Three generous bedrooms on the top floor including a spacious master w/a fab walk-in closet. Large marble hall bath w/dual sinks. The garden level is the perfect opportunity for additional rental income, in-law, or nanny quarters. Own this perfect Lincoln Park gem for less than a condo!

Additional Property Details

Garage & Parking
  • ParkingN
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
Appliances
  • Appliances Unit 1A,B,C,D,I,P
  • Appliances Unit 2A,B,C,D,E,I,P,Q,S,U
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 5% 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 12% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $32,400 Monthly $2,700
Rental Income Stabilized : Annual $51,612 Monthly $4,301
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$850,0002$425,0000.78%26.230.51%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,700$4,301
Year Total$32,400$51,612
Expense
Total$25,753$25,753
Net Operating Income$6,647$25,859
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $10285 $28478 $38763 $3231
Total         $10,285 $28,478 $38,763   $-32,116 $10,285 $-21,831
Stabilized         $10,285 $28,478 $38,763   $-12,904 $10,285 $-2,619
Custom         $10285 $28478 $38763   $-12904 $10285 $-2619




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1637,5003,2318402,3918402,3913,231
2636,6603,2318442,3871,6844,7786,462
3635,8163,2318472,3842,5317,1629,693
4634,9693,2318502,3813,3809,54412,924
5634,1203,2318532,3784,23411,92116,155
6633,2663,2318562,3755,09014,29619,386
7632,4103,2318592,3725,94916,66822,617
8631,5513,2318632,3686,81219,03625,848
9630,6883,2318662,3657,67821,40129,079
10629,8223,2318692,3628,54723,76332,310
11628,9533,2318722,3599,41926,12235,541
12628,0813,2318762,35510,29528,47738,772
13627,2053,2318792,35211,17430,82942,003

Explore Nearby Neighborhoods

Lincoln ParkNearby Neighborhoods X Plus Real Estate

Lincoln Park

LakeviewNearby Neighborhoods X Plus Real Estate

Lakeview

Albany ParkNearby Neighborhoods X Plus Real Estate

Albany Park

Listing Agent: Emily Sachs Wong
Listing Office: @properties
2246 N Burling 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.