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About the Listing 87171 - 875055,1016230
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. The seller is motivated to sell and willing to offer credit towards closing costs.
Listing Highlights for 8025 S Ada St
Interior Details
- Bedrooms: 7
- Bathrooms: 2 Full
- Appliances: CO Detectors,Ceiling Fan(s)
- Air Cond:
- Heating: Natural Gas
- Fireplaces:
- Floor:
- 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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- in Taxes
Listing Location
Questions About..
8025 S Ada St Chicago, IL 60620
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