$900,000
2615 W North Avenue
Chicago, IL, 60647
Fully leased West Town/Humboldt Park mixed-use building with 2025 Gross Income of $91,968 projected 2026 GPI of $97,537 and built-in rent growth. Two updated apartments, 3 bed/1 bath and 4 bed/1 bath, plus a long-term restaurant tenant through 2028. Apartments feature modern kitchens, baths, in-unit laundry, hardwood floors, and outdoor space. Restaurant lease includes annual rent bumps starting in 2026, plus reimbursement of 30% of property taxes and 70% of water/sewer/trash. Low landlord expenses, stable tenancy, and recent upgrades – including roof (2020), parking pad, deck, foundation work, and sump pump – make this a turnkey, high-performing asset steps from the 606, parks, dining, and Blue Line.
Property Details
Price:
$900,000
MLS #:
MRD12438797
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
CHI – West Town
Listed Date:
Aug 11, 2025
Total Sq Ft:
5,000
Year Built:
1906
Schools
Interior
Cooling
None
Flooring
Wood
Exterior
Construction Materials
Brick, Stone
Financial
Tax Year
2023
Taxes
$12,140
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
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Current real estate data for Commercial in Chicago as of Sep 22, 2025
1,105
Commercial Listed
164
Avg DOM
157
Avg $ / SqFt
$1,044,742
Avg List Price
Community
- Address2615 W North Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60647
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Property Summary
- 2615 W North Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60647. It is listed for $900,000 To schedule a showing of MLS#mrd12438797 at 2615 W North Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
2615 W North Avenue
Chicago, IL
