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7742 S Ada, Chicago, IL 60620

Two updated apartment buildings combine residential units, storefronts, and on-site laundry in Chicago’s South Side.

Property SizeContact for details
Days on Market145

Property Features for 7742 S Ada

General Information

Standard status Active
Property subtype Multifamily, Mixed Use
Listing Agency: Millennium Properties R/E
Listed By: Brad Thompson · License #IL 471013662
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 4:47AM

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 Millennium Properties R/E

Investment Insights

Based on property information with market context.

This mixed-use offering includes two apartment buildings totaling 70 apartments and four storefront units. At 7742 S. Ada, the 33-unit building has updated windows, electric service, plumbing, a new boiler, and a newer roof. Its unit mix includes nine 1-bedroom, 21 2-bedroom, and three 3-bedroom apartments, with hardwood floors, high ceilings, updated kitchens, and updated baths in the larger units. Some larger apartments may be reconfigured to create additional bedrooms.

The 37-unit building at 7752 S. Racine contains 34 1-bedroom apartments and four studios, along with four storefronts fronting Racine. Improvements include new windows, water heaters, upgraded electric and plumbing, and a newer roof. Apartments feature individual heat, updated kitchens with new appliances, and updated baths. On-site laundry is also provided.

Key Highlights

  • 70 apartments and four storefront units across two buildings
  • 7742 S. Ada: 33 units with nine 1‑bedroom, 21 2‑bedroom, and three 3‑bedroom apartments
  • 7742 S. Ada improvements include a new boiler, updated windows, electric, plumbing, and newer roof

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Building Supply 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.

Location Intelligence

Trade Area within ½ mile

875
Businesses Nearby

Demographics for 60620, IL

66,514
Population
30,008
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
7.0 sq mi
ZIP Area
9,502
Density / Sq Mi
$48,805
Median Household Income
$36,285
Median Earnings
$1,093
Median Rent
$187,900
Median Home Value

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?
Mixed-use property - Two updated apartment buildings combine residential units, storefronts, and on-site laundry in Chicago’s South Side.
Where is this mixed-use property located?
The property is located at 7742 S Ada Chicago, IL.
What are key features of this property?
This property features: 70 apartments and four storefront units across two buildings; 7742 S. Ada: 33 units with nine 1‑bedroom, 21 2‑bedroom, and three 3‑bedroom apartments; 7742 S. Ada improvements include a new boiler, updated windows, electric, plumbing, and newer roof
(312) 338-3000 Call to check price and availability
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