$1,125,000
2650 W Touhy Avenue
Chicago, IL, 60645
Prime West Ridge 6-unit apartment building held under the same ownership for 27+ years. Unit mix includes two (2) 1BD/1BA and four (4) 2BD/1BA apartments, all with hardwood flooring and standard finishes. Property improvements include separately metered electric with 200-AMP service, tenant-paid heat via individual boilers and furnaces, Bock hot water heater (2019), vinyl windows, new coin laundry machines (washer 2022, dryer 2021), tuckpointing (2024), new gutters (2022, under warranty), chimney (2022), and front door awning (2021). Additional features include five (5) tandem parking spaces and private storage lockers for each unit. Rents are severely below market, presenting a clear value-add opportunity through unit renovations, parking income, and rental increases. Excellent opportunity for investors seeking long-term upside in a strong, growing neighborhood.
Property Details
Price:
$1,125,000
MLS #:
MRD12477775
Status:
Active
Beds:
3
Baths:
2
Type:
Commercial
Neighborhood:
chiwestridge
Listed Date:
Sep 26, 2025
Total Sq Ft:
5,387
Year Built:
1969
Schools
Interior
Cooling
Window Unit(s)
Exterior
Construction Materials
Brick
Roof
Composition
Financial
Tax Year
2023
Taxes
$13,781
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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Current real estate data for Commercial in Chicago as of Oct 06, 2025
1,113
Commercial Listed
163
Avg DOM
155
Avg $ / SqFt
$1,033,409
Avg List Price
Community
- Address2650 W Touhy Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60645
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Property Summary
- 2650 W Touhy Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60645. It is listed for $1,125,000 To schedule a showing of MLS#mrd12477775 at 2650 W Touhy Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
2650 W Touhy Avenue
Chicago, IL
