6505 N Bell Avenue
Chicago, IL, 60645
$1,550,000
4 Beds
2 Baths
0 SqFt
0.09 Acres
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$1,550,000
6505 N Bell Avenue
Chicago, IL, 60645
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Prime 6-Unit Multifamily Investment in West Ridge, Chicago Discover this recently fully rehabbed 6-unit apartment building in the heart of vibrant West Ridge. A fantastic e location right next to a park for added tenant appeal and green space views. Built in the classic Chicago brick style and updated with modern touches throughout, this corner property features 6 2-bed/1-bath units (plus 2 extra basements to boost income potential/storage). Fresh rehabs mean low maintenance for years: updated kitchens, baths, flooring, systems, and more-ready to collect rent day one. Investment Highlights: Strong $120,000 NOI – excellent cash flow in a high-demand rental area Prime spot steps from the park – tenants love the convenience and outdoor access West Ridge perks: walkable to Devon Ave dining/shopping, great transit (CTA + Metra nearby), solid schools, and a diverse, stable community Proven multi-family performer in a neighborhood with strong appreciation and steady demand This is a turnkey cash-flow machine in one of Chicago’s most reliable investment pockets-perfect for investors looking for immediate returns. Properties like this don’t stay on the market long. Contact today for full financials, rent roll, and a private showing!

Property Details

Price:
$1,550,000
MLS #:
MRD12587438
Status:
Active
Beds:
4
Baths:
2
Type:
Commercial
Neighborhood:
chiwestridge
Listed Date:
Mar 9, 2026
Total Sq Ft:
6,414
Lot Size:
4,141 sqft / 0.09 acres (approx)
Year Built:
1926
Chi – West RidgeChiwestridge

Schools

Interior

Exterior

Construction Materials
Brick

Financial

Maintenance Fee
$1,500
Net Operating Income
$120,654
Tax Year
2024
Taxes
$17,900
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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 Mar 09, 2026
932
Commercial Listed
196
Avg DOM
199
Avg $ / SqFt
$1,017,756
Avg List Price

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Property Summary

    6505 N Bell Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60645. It is listed for $1,550,000 To schedule a showing of MLS#mrd12587438 at 6505 N Bell Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
6505 N Bell Avenue
Chicago, IL