8025 S Ada St Chicago, IL 60620
Auburn Gresham NeighborhoodEstimated payment $1,806/month
Highlights
- 2 Car Detached Garage
- Ceiling Fan
- 4-minute walk to Renaissance Park
About This Home
Well-maintained brick 2-unit building located on a quiet, tree-lined street, offering strong investment potential with stable tenants already in place. The property features a spacious 4-bedroom, 1-bath unit on the second floor and a 3-bedroom, 1-bath unit on the first floor. Both units are currently leased through December 2026, providing immediate and consistent rental income. Current rents total $2,625 per month and are considered below market, presenting upside potential for future increases. The building was last rehabbed in 2016 and has been well cared for since. Additional features include a full unfinished basement with expansion or storage potential, a 2-car garage, and solid overall maintenance throughout the property. Roof was replaced in 2022. Conveniently located near transportation, schools, parks, and neighborhood amenities, this is an excellent opportunity for both seasoned and first-time investors seeking a stable income-producing property.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,215
Year Built
- Built in 1913
Lot Details
- Lot Dimensions are 30x125
Parking
- 2 Car Detached Garage
- Parking Available
Home Design
- Brick Exterior Construction
Interior Spaces
- Ceiling Fan
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Carbon Monoxide Detectors
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 2 Bathrooms
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 2 Units
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 | $2,872 | $16,000 | $2,000 | $14,000 |
| 2024 | $2,872 | $16,000 | $2,000 | $14,000 |
| 2023 | $2,800 | $13,611 | $2,600 | $11,011 |
| 2022 | $2,800 | $13,611 | $2,600 | $11,011 |
| 2021 | $3,620 | $18,000 | $2,600 | $15,400 |
| 2020 | $2,695 | $12,099 | $2,600 | $9,499 |
| 2019 | $2,762 | $13,749 | $2,600 | $11,149 |
| 2018 | $3,035 | $15,365 | $2,600 | $12,765 |
| 2017 | $1,068 | $4,963 | $2,400 | $2,563 |
| 2016 | $994 | $4,963 | $2,400 | $2,563 |
| 2015 | $2,788 | $15,217 | $2,400 | $12,817 |
| 2014 | $2,650 | $14,282 | $2,200 | $12,082 |
| 2013 | $2,598 | $14,282 | $2,200 | $12,082 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 07/27/2026 07/27/26 | Price Changed | $279,900 | -6.7% | -- | |
| 06/16/2026 06/16/26 | Price Changed | $299,900 | -1.7% | -- | |
| 05/06/2026 05/06/26 | For Sale | $305,000 | +696.3% | -- | |
| 05/25/2016 05/25/16 | Sold | $38,300 | +35.3% | -- | View Prior Sale |
| 04/29/2016 04/29/16 | Pending | -- | -- | -- | |
| 04/15/2016 04/15/16 | For Sale | $28,300 | -- | -- |
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 |
|---|---|---|---|
| Deed | $185,000 | Fidelity National Title | |
| Special Warranty Deed | $38,500 | Premier Title | |
| Deed | -- | Premier Title | |
| Warranty Deed | $275,000 | Law Title Insurance |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $111,000 | Commercial | |
| Previous Owner | $220,000 | Commercial |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12640931
APN: 20-32-113-007-0000
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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
- 8011 S Ada St
- 8030 S Ada St
- 8029 S Loomis Blvd
- 8012 S Elizabeth St
- 8008 S Loomis Blvd
- 7952 S Elizabeth St
- 8116 S Ada St
- 8130 S Ada St
- 8020 S Bishop St
- 8151 S Ada St
- 8140 S Elizabeth St
- 8001 S Laflin St
- 7841 S Loomis Blvd
- 7830 S Throop St
- 7924 S May St
- 8219 S Throop St
- 1114 W 80th St
- 8228 S Loomis Blvd
- 8014 S Justine St
- 7837 S Laflin St
- 8005 S Ada St Unit 2
- 7916 S Throop St
- 7912 S Ada St Unit 1
- 8201 S Ada St
- 7806 S Throop St
- 7952 S Carpenter St Unit 3
- 1210 W 83rd St Unit 3
- 1206 W 83rd St Unit 203
- 8210 S Justine St Unit 2FL
- 1155 W 83rd St
- 7710 S Ada St Unit 2
- 7817 S Aberdeen St Unit 1
- 8010 S Marshfield Ave Unit 1
- 1639 W 80th St Unit 2
- 7948 S Marshfield Ave
- 1650 W 80th St Unit 3
- 7716 S Bishop St
- 7922 S Marshfield Ave Unit 3F
- 8037 S Paulina St Unit 2
- 8312 S Aberdeen St
Ask me questions while you tour the home.