4-Unit Apartment
For Sale
$1,099,000
708 S Ada Street, Chicago, IL 60607
Three apartments are occupied, while one is vacant for a new owner to lease or use.
Property SizeContact for details
Days on Market16
Property Features for 708 S Ada Street
General Information
Standard status
Active
Property subtype
MULTI_FAMILY
Occupancy
75%
Site & Location
Neighborhood
Little Italy
Additional Details
Multifamily Units
4
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$14,395
Amenities
in-unit washer/dryer
Building Details
Year Built
1885
Buildings
1
Listing Agency:
Core Realty & Investments Inc.
Listed By:
Stacy Braack
(773) 405-4431
Source:
Dawnmckennagroup
Added: Oct 16
Changed: Oct 31
Last Checked: Oct 30 at 9:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Core Realty & Investments Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4-unit apartment property was built in 1885 and includes three occupied apartments and one vacant unit. Kitchens feature stainless steel dishwashers, refrigerators, ranges and over-range microwaves. Three apartments have in-unit washers and dryers. The building is served by four water heaters and four forced-air furnaces, with central air conditioning in two units.
A separate garage structure remains on the property but no longer has alley access. The roof was replaced in 2014. The property is in the UIC area, with Arrigo Park at the end of the block.
A separate garage structure remains on the property but no longer has alley access. The roof was replaced in 2014. The property is in the UIC area, with Arrigo Park at the end of the block.
Key Highlights
- Four‑unit property with three occupied apartments and one vacant unit
- Four water heaters and four forced‑air furnaces; two units have central air conditioning
- Three units include in‑unit washers and dryers
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
75%
Occupancy
Location Intelligence
Trade Area within ½ mile
7,382
Businesses Nearby
Explore this area
Business Placement
Demographics for 60607, IL
31,816
Population
16,540
Households
1.9
Avg Household Size
31
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
13,833
Density / Sq Mi
$126,307
Median Household Income
$79,870
Median Earnings
$2,333
Median Rent
$494,300
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
Frequently Asked Questions
What type of property is this?
Quadplex - Three apartments are occupied, while one is vacant for a new owner to lease or use.
Where is this quadplex located?
The property is located at 708 S Ada Street Chicago, IL.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Four‑unit property with three occupied apartments and one vacant unit; Four water heaters and four forced‑air furnaces; two units have central air conditioning; Three units include in‑unit washers and dryers
