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Mixed-Use Multifamily and Retail
For Sale
Contact for pricing
Pending

2340 W Touhy Ave, Chicago, IL 60645

30-unit mixed-use building with 9 retail units and on-site parking for tenants.

Property SizeContact for details
Days on Market151

Property Features for 2340 W Touhy Ave

General Information

Standard status Pending
Total Parking Spaces 30
Property subtype Retail, Mixed Use

Additional Details

Multifamily Units 21

Amenities

tenant storage
security cameras
leased washers and dryers
hardwood floors
granite countertops
stainless steel appliances
buzzer/intercom system
hydraulic elevator
Listing Agency: Interra Realty, LLC
Listed By: Brad Feldman · License #IL
Source: Crexi
Added: Apr 11 Changed: Aug 23 Last Checked: Sep 6 at 11:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Interra Realty, LLC

Investment Insights

Based on property information with market context.

This mixed-use property is a 30-unit building featuring a unit mix of studios, 2-bedroom, 3-bedroom, and 2-bedroom/2-bath configurations, along with retail units. Residential interiors include hardwood floors, a mix of granite and formica countertops, and a selection of stainless and standard appliances. The building has hot water boiler heat, baseboard heat, tenant storage, and a buzzer/intercom system. Common building improvements and systems include 6-year-old windows, a mix of copper and galvanized plumbing, a hydraulic elevator, and 16 security cameras.

The property includes four washers and four dryers that are leased, and it offers 30 parking spaces. It is described as within walking distance to the Rogers Park CTA 'L' Station, the High Ridge YMCA, Rogers Park, and Indian Boundary Park.

The retail component totals nine units, while the remaining units provide a range of studio through 3-bedroom apartment options.

Key Highlights

  • 30‑unit mixed‑use building with 9 retail units and 30 tenant parking spaces
  • Unit mix includes (2) studios, (1) 2BR/1BA, (9) 2BR/2BA, (1) 3BR/1.5BA, and (8) 3BR/2BA, plus 9 retail units
  • 6‑year‑old windows, hot water boiler heat, and hydraulic elevator

Property Analytics

Current Use

Paul Incze Dental ... Dental Office Olaoluwa Rehoboth Organic ... (Bike/Boat/Book/etc) Store AmorServ - IT Services ... Tech Support Center Tiwac Insurance Brokers ... Insurance Agency 360Degrees Images (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm HVAC Service Skin Care Clinic Acupuncture Pet Grooming Service Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

21
Residential units

Location Intelligence

Trade Area within ½ mile

1,799
Businesses Nearby

Demographics for 60645, IL

48,356
Population
18,143
Households
2.7
Avg Household Size
36
Median Age
45%
College-Educated
86%
High-School Grad
2.2 sq mi
ZIP Area
21,980
Density / Sq Mi
$77,126
Median Household Income
$40,666
Median Earnings
$1,424
Median Rent
$308,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 30-unit mixed-use building with 9 retail units and on-site parking for tenants.
Where is this apartment building located?
The property is located at 2340 W Touhy Ave Chicago, IL.
What are key features of this property?
This property features: 30‑unit mixed‑use building with 9 retail units and 30 tenant parking spaces; Unit mix includes (2) studios, (1) 2BR/1BA, (9) 2BR/2BA, (1) 3BR/1.5BA, and (8) 3BR/2BA, plus 9 retail units; 6‑year‑old windows, hot water boiler heat, and hydraulic elevator
More about this property
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