8025 S ADA Street, Chicago, IL 60620
Description
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 Courtesy of: PIP Realty Group
Details
Updated on June 28, 2026 at 10:49 pm-
Property ID MRD12640931
-
Price $299,900
-
Bedrooms 7
-
Garages 2
-
Year Built 1913
-
Property Type Multi Family
-
Property Status Active
-
Parking Total 2
-
Parcel Number 20321130070000
-
Water Source Lake Michigan
-
Sewer Public Sewer
-
Architectural Style Other
-
MLS Status Active
-
Days On Market 53
-
Cumulative Days On Market 48
-
Tax Annual Amount 3214.51
-
Heating Natural Gas
-
Parking Features Yes,Detached,Garage
-
Directions West on 79th to Ada, south on Ada
-
Zoning MULTI
Address
Open on Google Maps- Address 8025 S ADA Street
- City Chicago
- State/county IL
- Zip/Postal Code 60620
- Country United States
Overview
- Multi Family
- 7
- 2
- 1913
Mortgage Calculator
- Down Payment
- Loan Amount
- Monthly Mortgage Payment
- Property Tax
- Home Insurance
- PMI
- Monthly HOA Fees