709 Ada Street, CHICAGO, 60607

$2,395,000 - Multi Family 5+ For Sale

$2,395,000

Beds
Baths
8,100Sqft
.09Acres
1895Built
MLS® #: 10491181
Active

Prime Investment Opportunity in Heart of UIC Campus. Turn key 6.4%+ cap rate. Property consists of two adjacent 3-flats (709 & 711 S Ada) - consisting of a total of six (6) - four (4) Bedroom / 1 Bathroom apartments grossing over $200,000 / year with rental upside. Large unfinished basement allow for potential to duplex ground floor units. The building was updated in 2017 and features remodeled kitchens and baths with like new appliances, in unit laundry, large layouts, great vintage charm blending old and new. Always full and easy to rent rent and manage. Property currently leased through 2020. Listing broker has interest in property.

Additional Information: This property is located in the CHI - Near West Side neighborhood, IL. This bedrooms multi family 5+ property is priced at $295.7/sqft.

Price & Status History

Date Details
Status Changed from New to Active

Essential Information

MLS® #: 10491181
Price: $2,395,000
Taxes: $21,655
Square Footage: 8,100
Acres: 0.09
Year Built: 1895
Type: Commercial
Sub-Type: Multi Family 5+
Status: Active

Community Information

Address: 709 Ada Street
Area: CHI - Near West Side
City: CHICAGO
County: Cook
State: IL
Zip Code: 60607

Interior

Heating: Central Heat/Indiv Controls, Gas
Stories: 3

Exterior

Exterior: Brick
Construction: Brick

Listing Details

Listing Office: Campbell Realty Partners

Financials

$/SqFt: $296

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Listing information last updated on September 18th, 2019 at 6:35am CDT.