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    9051 S Ada St Chicago, IL 60620

    New
    Pending
    For Sale
    $495,000

    Commercial Sale - Chicago, IL

    Days on Market:
    6
    Last Refresh:
    Dec 6 at 11:06 am

    Property Features for 9051 S Ada St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    APN
    25051290280000

    Building Details

    Year built
    1930
    Number of units
    6
    Architectural style
    Other

    Keller Williams Chicago ONEChicago (312) 216-2422 [email protected]

    Listing agent Joseph Pav (312) 216-2422 License #475119143

    Listing date Dec 1, 2025

    MLS# 12430947 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chicago Multifamily Investment Opportunity

    This is a 6-unit apartment building containing six two-bedroom units. The property is located in Washington Heights, near public transportation, local shops, dining, schools, and parks. The property is fully occupied and offers in-place income. Recent upgrades include a new water heater and a new boiler in Sept 2024. Additional features include a three-car garage, modern finishes, and vinyl windows. The property is professionally managed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6566023
    Latitude
    41.728868

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained 6-unit apartment building in vibrant Washington Heights.
    Where is this apartment building located?
    The property is located at 9051 S Ada St Chicago, IL.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: - Strong in-place income from a fully occupied 6-unit building.; - Six two-bedroom units offer consistent tenant appeal.; - Prime location in vibrant Washington Heights near transportation, shops, dining, schools, and parks.
    (312) 216-2422
    Request Owner's contact information
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    Chicago, IL 60620
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9051 S Ada St Chicago, IL 60620
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