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Two Detached Triplexes
New
For Sale
$325,000

5142 5144 S Ada Street, Chicago, IL 60609

Commercial Sale, Chicago, IL

Property SizeContact for details
Days on Market3

Property Features for 5142 5144 S Ada Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 12
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 9, Bedroom 2, Bathroom 5, Bedroom 12, Bathroom 4, Bedroom 11, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 1, Bedroom 6, Bedroom 7, Bedroom 8, Bedroom 10, Bathroom 1, Bedroom 5, Bathroom 3, Bathroom 6
Directions 5 Blocks East of Ashland. South from 51st.
Subdivision CHI - New City
Standard status Active
APN 20083040350000

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 9443

Utilities

Utilities Water Available

Building Details

Year built 1915
Floors in Building 3
Number of units 6
Building materials Brick, Block, Vinyl Siding
Listing Agency: Area Wide Realty
Listed By: Michael Olszewski · License #471011979
Added: Sep 30 Changed: Oct 1 Last Checked: Oct 2 at 7:06AM
MLS# 12773588

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

The property comprises two detached brick, block, and vinyl-sided buildings, each containing three residential units. Across the six units, the layout is consistent: two bedrooms and one full bathroom per unit. The buildings date to 1915, and the property is being offered in as-is condition. MULTI zoning is reported, and water is available.

The Chicago property is described as being near schools, neighborhood parks, and public transportation. No specific destinations or distances are provided.

Key Highlights

  • Two detached residential buildings, each with 3 units
  • Six total units, each with 2 bedrooms and 1 full bathroom
  • Built in 1915

Property Analytics

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Current Use

Gangsta Fish Fishing Club

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Skin Care Clinic Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

689
Businesses Nearby

Demographics for 60609, IL

65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Six residential units are arranged across two separate buildings, with MULTI zoning.
Where is this triplex located?
The property is located at 5142 5144 S Ada Street Chicago, IL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two detached residential buildings, each with 3 units; Six total units, each with 2 bedrooms and 1 full bathroom; Built in 1915
More about this property
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