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.
Property Details
Price:
$1,099,000
MLS #:
MRD12728301
Status:
Active
Beds:
9
Baths:
4
Type:
Multi Family
Neighborhood:
chinearwestside
Listed Date:
Aug 8, 2026
Year Built:
1885
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Community Features
Park, Curbs, Sidewalks, Street Lights, Street Paved
Construction Materials
Brick
Fencing
Fenced
Other Structures
Outbuilding
Window Features
Screens
Financial
Maintenance Fee
$2,416
Tax Year
2024
Taxes
$13,927
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708 S Ada Street
Chicago, IL



