708 S Ada Street, Chicago, IL

$1,099,000

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9

Beds

About 708 S Ada Street

Well maintained 4 flat in the middle of UIC area. Great short street with Arrigo park at the end of the block. Three units are occupied and one is intentionally left vacant for new owner. Three occupied units have leases expiring July, 2027. The 3rd floor will expire July 31, 2025 after a $50 rent increase effective 8/1/24. Units are in very good condition with SS dishwashers, refrigerators, stoves, over range microwaves and 3 units have washer and dryers in unit. There is an existing garage structure that no longer has alley access, so it is essentially a large shed, work area, other - it has lots of potential (possibly a 5th unit). Four water heaters and 4 forced air furnaces (2 with central air). Roof was a tear-off and replaced in 2014 by Reed Roofing.

Features of 708 S Ada Street

MLS® # 12728301
Price $1,099,000
Bedrooms 9
Bathrooms 0.00
Year Built 1885
Type Residential Income
Sub-Type Two to Four Units
Status Active

Community Information

Address 708 S Ada Street
Area CHI - Near West Side
City Chicago
County Cook
State IL
Zip Code 60607

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
Has Basement No
Basement None

Exterior

Exterior Brick

School Information

District 299

Additional Information

Days on Market 27
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCore Realty & Investments Inc.

Listing Map

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