8141 S Ada Street
Chicago, IL 60620

Status: Active Under Contract
Multi Family
6 beds
0 baths
0 sq.ft
Listing Price: $359,900
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About this home

A Must See! This well-maintained two-unit building has great potential and is perfect for the savvy investor. Located in the historic and developing Auburn Gresham neighborhood, this gem has an abundance to offer. Nestled on a quiet tree-lined block, this property is an ideal investment for owner occupancy or passive rental income. The second floor unit features 3 bedrooms, a spacious living and dining room area, and a nice size balcony. The first floor offers 2 bedrooms thats occupied and a large living and dining room area. Both units have original hardwood floors. Additional features include a nice size basement, newer roof, and a cozy backyard for relaxing or entertaining. Convenient access to the Dan Ryan Expressway, Public Transportation that includes the CTA Red Line, and Metra Train Station. Minutes away from Foster Park and newly developed shopping areas. Tenants pay their own electric.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1912
Parking Total 2
Exterior Building Type Brick
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Park, Sidewalks, Street Lights, Street Paved
Area Major CHI - Auburn Gresham
Corporate Limits Chicago
Directions Take Ashland to 83rd St. Go east to Loomis. Turn left and continue to 82nd St. Turn right on 82nd St. over to Ada St.
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan, Public
Jr High/Middle Dist 299
Township Lake
Interior Features
Basement Description Finished
Basement Full
Bedrooms Count 6
Bedrooms Possible 6
Baths Count 3
Full Baths in Building Count 3
Total Rooms 11
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 1400
Appliances And Features Stove, Refrigerator, Window Air Conditioner, Hardwood Floors
Full Baths Total 1
Rooms Total 5
Tenant Pays Electric
Floor Number 1
unit 2
Beds Total 3
Baths Total 1
Appliances And Features None
Full Baths Total 1
Rooms Total 6
Tenant Pays Electric
Floor Number 2
Property / Lot Details
Lot Dimensions 4000
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units

Financials

Investment Profile Residential Income

Tax/Assessments/Liens

PIN 20321210120000
Special Assessments N
Taxes $1,217
Tax Exemptions Homeowner
Tax Year 2022
$359,900 Listing Price:
MLS # 12082770
Investment Profile Residential Income
Listing Market Time 16 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 2
Parking Garage
List Date 06/12/2024
Year Built 1912
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