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About the Listing 87171 - 875055
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.
Listing Highlights
Status
Active
Days on Site
13
Property Type
Multi-Family
MLS ®
12640931
Year Built
1913
Total Square Footage
0
Lot/Acreage
30X125
Interior Details
- Bedrooms: 7
- Bathrooms: 2 Full
- Appliances: CO Detectors,Ceiling Fan(s)
- Air Cond:
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished,Full
- Other:
- Water: Lake Michigan
Exterior Details
- Garage Capacity: 2 car
- Parking Spaces: 2
- Lot Dimensions: 30X125
- Zoning: MULTI
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Yes,Detached,Garage
Financial Details
- Tax Amount: $3,215
- Taxes w/Assessments: N/A
- Tax/Property ID: 20321130070000
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Questions About..
8025 S Ada St Chicago, IL 60620
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