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6-Flat in the heart of UIC rehabbed in 2018. Close proximity to Little Italy and the West Loop, Blue Line "L" stop and expressways. Offered at a 6.2% cap rate on in-place revenue and actual expenses. Units stay leased at all times with no vacancy. All units feature 4 bedrooms/1 bathroom, central HVAC, in-unit laundry, remodeled kitchens, bathrooms and refinished hardwood floors throughout. All units have separately metered gas and electric. Building is on bundled services program which generates additional income. This building is made up of two adjacent 3-flats, each on a separate PIN (709 Ada 17173100310000; 711 Ada 17173100320000). Great cash flow, prime location, turnkey ready with ability to continue to push rents.

Property Details of 709 South Ada Street

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Listed by Joshua Krueger of Campbell Street Asset Management Inc

Listing Sold by CL3 Property Management

Based on information submitted to MRED  as of December 3, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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