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708 S Ada Street Chicago, IL 60607 • Multi Unit - Multiple • Active

  • 708 S Ada Street, Chicago, IL 60607 Main Photo

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Description

Well maintained 4 flat in the middle of UIC area. Great short street with Arrigo park at the end of the block. Three units are occupied and one is intentionally left vacant for new owner. Three occupied units have leases expiring in July, 2027. The 3rd floor was intentionally left vacant for possible live-in owner. Units are in very good condition with SS dishwashers, refrigerators, stoves, over range microwaves and 3 units have washer and dryers in the unit. There is an existing garage structure that no longer has alley access, so it is essentially a large shed, work area, other - it has a lot of potential (possibly a 5th unit). Four water heaters and 4 forced air furnaces (2 with central air). Roof was a tear-off and replaced in 2015 by Reed Roofing.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 9
Bathrooms: 4
County: Cook
Listed By:
Core Realty & Investments Inc. 224-235-4336
MRED MLS
$1,099,000
Est. $8,917/mo
9beds
4baths
Active
BEDS9 BATHS4 full MLS#12793524
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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Ruhl&Ruhl Realtors
563.441.1776

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708 S Ada Street, Chicago, IL 60607.

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Loan Type FHA 30 Year Fixed15 Year FixedVA 30 year fixed
Purchase Price $1,099,000$1,099,000$1,099,000
Down Payment $38,465$274,750$0
Monthly Mortgage Amount $7,089$7,067$7,281
Taxes $1529$1529$1529
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $660$0$0
Monthly Estimated Total $9,599$8,917$9,131

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