8025 S Ada Street, Chicago, IL 60620

Chicago
Local realty services provided by:Results Realty ERA Powered
8025 S Ada Street,Chicago, IL 60620
$299,900
  • 7 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: latrease davenport
Office: pip realty group
MLS#:12640931
Source:MLSNI

Price summary

  • Price:$299,900

About this home

Well-maintained brick 2-unit building located on a quiet, tree-lined street, offering strong investment potential with stable tenants already in place. The property features a spacious 4-bedroom, 1-bath unit on the second floor and a 3-bedroom, 1-bath unit on the first floor. Both units are currently leased through December 2026, providing immediate and consistent rental income. Current rents total $2,625 per month and are considered below market, presenting upside potential for future increases. The building was last rehabbed in 2016 and has been well cared for since. Additional features include a full unfinished basement with expansion or storage potential, a 2-car garage, and solid overall maintenance throughout the property. Roof was replaced in 2022. Conveniently located near transportation, schools, parks, and neighborhood amenities, this is an excellent opportunity for both seasoned and first-time investors seeking a stable income-producing property.

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Home facts

  • Year built:1913
  • Listing ID #:12640931
  • Updated:July 03, 2026 at 04:28 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:13
  • Basement Description:Full, Unfinished

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1913

Utilities

  • Water:Lake Michigan
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$299,900
  • Tax amount:$3,215 (2024)

Features and amenities

  • Amenities:CO Detectors, Ceiling Fan(s)

Parking

  • Total parking spaces:2
  • Parking description:Detached Garage, Garage
  • Garage:Yes
  • Garage spaces:2
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