Chicago, IL 60645 2650 W Touhy Avenue
$1,125,000



12 more












Presented By: Compass
Home Details
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.
Presented By: Compass
General for 2650 W Touhy Avenue
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CoolingWindow Unit(s)
CountyCook
Current UseMulti-Family
DirectionsOn Touhy between California and Western. Property just east of Washtenaw.
ElectricCircuit Breakers
Electric Expense2711
Fuel Expense1714
Gross Income104040
Insurance Expense3925
Lot Size Square Feet5053
MLS AreaCHI - West Ridge
MaintenanceExpense
ModificationTimestamp2025-10-20T17:47:01.596Z
Net Operating Income80729
Number Of Units Total6
Operating Expense23211
Property TypeCommercial Sale
Property TypeMulti Family 5+
RoofComposition
Standard StatusActive
StatusActive
Stories Count3
Tax Annual Amount13781
Tax Year2023
Tenant PaysAir Conditioning, Electricity, Heat
TownshipRogers Park
Trash Expense1254
Water Sewer Expense2366
Year Built1969
ZoningMULTI
Exterior for 2650 W Touhy Avenue
Building Area Total5387
Lot Dimensions5053
Additional Details
Price History

SQFT • 5,387