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 |
| Taxes | $13,927 |
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 |
|---|---|
| New Construction | 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
| Office | Core Realty & Investments Inc. |
|---|