708 S Ada Street, Chicago IL 60607
$1,099,000

708 S Ada Street, Chicago IL 60607

$1,099,000
New
Chicago Two to Four Units

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Property Description

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 & Information

Key Details
  • List Price $1,099,000
  • Property Taxes $13,927
  • Year Built 1885
  • Status New
  • List Market Time 4

Units

  • Unit 1
  • Floor G
  • Rooms 6
  • Beds 3
  • Baths 1
  • Appliances Stove, Refrigerator, Dishwasher, Range Hood, Hardwood Floors
  • Rent $1,700/mo
  • Tenant Pays Electric,Gas,Heat
  • Lease Expires 07/27

  • Unit 2
  • Floor 1
  • Rooms 5
  • Beds 2
  • Baths 1
  • Appliances Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Hardwood Floors
  • Rent $1,950/mo
  • Tenant Pays Electric,Gas,Heat
  • Lease Expires 07/27

  • Unit 3
  • Floor 2
  • Rooms 5
  • Beds 2
  • Baths 1
  • Appliances Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Hardwood Floors
  • Rent $1,950/mo
  • Tenant Pays Electric,Gas,Heat
  • Lease Expires 07/27

  • Unit 4
  • Floor 3
  • Rooms 5
  • Beds 2
  • Baths 1
  • Appliances Stove, Refrigerator, Washer, Dryer, Dishwasher, Central Air Conditioner, Cathedral Ceilings, Hardwood Floors, Skylights/Windows
  • Rent $2,000/mo
  • Tenant Pays Electric,Gas,Heat
  • Lease Expires 7/26

Exterior Features

  • Parking
  • # of Cars:  0

Building Information
  • Number of Units 4
  • Age of Building 100+ Years

Location
  • County Cook
  • Township West Chicago
  • Corporate Limits Chicago
  • Directions to Property On West Side Of Ada Between Flournoy Street And Lexington Street.

  • Schools
  • Elementary School District 299
  • Junior High District 299
  • High School District: 299

  • Property Taxes
  • Tax 13927
  • Tax Year 2024
  • Tax Exemptions None
  • Parcel Identification Number 17173090200000

Listed by Stacy Braack for Core Realty & Investments Inc. | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 8/11/2026 11:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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