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

2650 W Touhy Avenue

^$ 1,125,000

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2650 W Touhy Avenue

Chicago, IL, 60645

^$ 1,125,000

Bedrooms3 Baths0.0 Sq 5,387

Monthly Estimate*

^$ 7,019

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Multi-Family Home for sale in Chicago, IL

for $1,125,000 with 3 bedrooms. This 5,387 square foot home was built in 1969 on a lot size of 0.116001.

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.

Multi-Family Contingent

Price

^$ 1,125,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 13,781

Style

Multi-Family

Lot Size

0.116001

Year Built

1969

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12477775

Features

General

Cooling Window Unit(s)

Roof Composition

Zoning MULTI

Construction Materials Brick

Year Built 1969

Electric Circuit Breakers

Tenant Pays Air Conditioning Electricity Heat

Stories Count 3

Township Rogers Park

Tax Year 2023

Current Use Multi-Family

Gross Income 104040

County Cook

Net Operating Income 80729

Operating Expense 23211

Insurance Expense 3925

Property Type Commercial Sale Multi Family 5+

Contingency Attorney/Inspection

MaintenanceExpense 0

Status Contingent

Directions On Touhy between California and Western. Property just east of Washtenaw.

City Chicago

Number Of Units Total 6

MLS Area CHI - West Ridge

Lot Size Square Feet 5053

Tax Annual Amount 13781

Electric Expense 2711

Fuel Expense 1714

Trash Expense 1254

Water Sewer Expense 2366

Additional Parcels Y/N N

Standard Status Active Under Contract

Exterior

Building Area Total 5387

Lot Dimensions 5053

* Excluded Features

List By

Compass

Broker

Adam.max@ranorth.com

Affordability Calculator

$8,167

Per Month

Monthly Principal & Interest: $7,019
Monthly Property Taxes: $1,148
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$615,846

Percent of Sale Price 45%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/26/2025	$1,125,000		Listed Price

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2650 W Touhy Avenue, Chicago, IL, 60645 is a Multi-Family Home for sale at $1,125,000 with 5,387 sqft and a lot size of 0.116001. 2650 W Touhy Avenue has 3 bedrooms, 0.0 baths, and was built in 1969. The property's zip code is 60645 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 12/6/2025.

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2650 W Touhy Avenue

Multi-Family Home for sale in Chicago, IL

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