708 S Ada St Chicago, IL 60607
Little Italy NeighborhoodEstimated payment $6,994/month
Highlights
- Property is near park
- Multiple Water Heaters
- Paved or Partially Paved Lot
- Ceiling Fan
- Fenced
- 3-minute walk to Arrigo Park
About This Home
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 July, 2027. The 3rd floor will expire July 31, 2025 after a $50 rent increase effective 8/1/24. Units are in very good condition with SS dishwashers, refrigerators, stoves, over range microwaves and 3 units have washer and dryers in 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 lots 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 2014 by Reed Roofing.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,927
Year Built
- Built in 1885 | Remodeled in 2000
Lot Details
- Fenced
- Paved or Partially Paved Lot
Home Design
- Brick Exterior Construction
Interior Spaces
- Ceiling Fan
- Window Screens
- Carbon Monoxide Detectors
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Potential Bedrooms
- 4 Bathrooms
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
- Multiple Water Heaters
Additional Features
- Outbuilding
- Property is near park
Community Details
Overview
- 4 Units
Building Details
- Insurance Expense $2,480
- Maintenance Expense $2,416
- Trash Expense $38
- Water Sewer Expense $98
- Gross Income $7,600
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $15,749 | $69,063 | $16,240 | $52,823 |
| 2024 | $15,749 | $69,063 | $16,240 | $52,823 |
| 2023 | $15,352 | $74,387 | $13,050 | $61,337 |
| 2022 | $15,352 | $74,387 | $13,050 | $61,337 |
| 2021 | $15,938 | $79,000 | $13,050 | $65,950 |
| 2020 | $10,977 | $49,112 | $9,860 | $39,252 |
| 2019 | $11,124 | $55,182 | $9,860 | $45,322 |
| 2018 | $12,090 | $61,009 | $9,860 | $51,149 |
| 2017 | $9,552 | $44,218 | $8,700 | $35,518 |
| 2016 | $8,856 | $44,218 | $8,700 | $35,518 |
| 2015 | $8,103 | $44,218 | $8,700 | $35,518 |
| 2014 | $7,183 | $38,713 | $7,250 | $31,463 |
| 2013 | $7,347 | $40,396 | $7,250 | $33,146 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/08/2026 08/08/26 | For Sale | $1,099,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Trustee Deed | $235,000 | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12728301
APN: 17173090200000
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
- 706 S Ada St
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- 1404 W Flournoy St Unit 3
- 616 S Loomis St Unit 2
- 1406 W Flournoy St Unit 3
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- 614 S Loomis St Unit 2
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Ask me questions while you tour the home.