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711 S Ada St
Chicago, IL 60607

709-711 S Ada · Multifamily Property For Sale · 6 Units

PROPERTY FACTS

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.04 AC
Building Size 7,800 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1920/2017

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Granite Countertops
  • Hardwood Floors
  • Basement
  • Deck
  • Intercom

About 711 S Ada St , Chicago, IL 60607

Prime Investment Opportunity in Heart of UIC Campus. Turn key 6.4%+ cap rate. Property consists of two adjacent 3-flats (709 & 711 S Ada) - consisting of a total of six (6) - four (4) Bedroom / 1 Bathroom apartments grossing over $200,000 / year with rental upside. Large unfinished basement allow for potential to duplex ground floor units. The building was updated in 2017 and features remodeled kitchens and baths with like new appliances, in unit laundry, large layouts, great vintage charm blending old and new. Always full and easy to rent rent and manage. Property currently leased through 2020. Listing broker has interest in property.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
4+1 4 $2,795 1,300 - 1,400

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 17-17-310-031-0000
  • 17-17-310-032-0000
Land Assessment
$21,034
Improvements Assessment
$124,966
Total Assessment
$146,000
  • Listing ID: 16968524

  • Date on Market: 8/19/2019

  • Last Updated:

  • Address: 711 S Ada St, Chicago, IL 60607

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