6505 N Bell Avenue Chicago, IL $ 1,550,000
6505 N Bell Avenue
$ 1,550,000
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6505 N Bell Avenue

Chicago, IL, 60645
$ 1,550,000
Bedrooms4 Baths0.0 Sq 6,414

Monthly Estimate*

$ 9,544

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Multi-Family Home for sale in Chicago, IL

for $1,550,000 with 4 bedrooms. This 6,414 square foot home was built in 1926 on a lot size of 0.09.

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!

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Multi-Family Active

Price

$ 1,550,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 17,900

Style

Multi-Family

Lot Size

0.09

Year Built

1926

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12587438

Features
Interior
Basement Unfinished
Total Fireplaces 0
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General
Construction Materials Brick
Year Built 1926
Tenant Pays Air Conditioning Electricity Heat
Stories Count 3
Tax Year 2024
Current Use Multi-Family
Gross Income 162600
County Cook
Net Operating Income 120654
Operating Expense 30533
Insurance Expense 4200
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 1500
Status New
Directions Located adjacent to the south end of Warner Park
City Chicago
Number Of Units Total 6
MLS Area CHI - West Ridge
Lot Size Square Feet 4141
Tax Annual Amount 17900
Electric Expense 650
Fuel Expense 1200
Trash Expense 1500
Water Sewer Expense 1500
Additional Parcels Y/N N
Standard Status Active
Cap Rate 8
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 6414
Lot Dimensions 25X165
Lot Size Acres 0.09
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* Excluded Features
List By
Aaa Real Estate

Broker

DHajdari89@gmail.com

Email

Affordability Calculator

$11,035
Per Month
86%
14%
0%
Monthly Principal & Interest
$9,544
Monthly Property Taxes
$1,492
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/9/2026$1,550,000 Listed Price

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6505 N Bell Avenue, Chicago, IL, 60645 is a Multi-Family Home for sale at $1,550,000 with 6,414 sqft and a lot size of 0.09. 6505 N Bell Avenue has 4 bedrooms, 0.0 baths, and was built in 1926. The property's zip code is 60645 which is in Chicago, IL