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Large Chicago Two-Flat Investment Opportunity
For Sale
$655,000

2914 W Touhy Avenue, Chicago, IL 60645

Spacious two-flat with potential for additional unit and desirable features.

Property SizeContact for details
Days on Market355

Property Features for 2914 W Touhy Avenue

General Information

Standard status Active
Property subtype Multi-Family

Amenities

Natural Gas

Building Details

Year Built 1965
Listing Agency: @properties Christie's International Real Estate
Listed By: Honore Frumentino · License #3194577
Source: Kw
Added: Aug 21, 2025 Changed: Aug 9 Last Checked: Jul 16 at 7:02AM

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 @properties Christie's International Real Estate

Investment Insights

Based on property information with market context.

This property presents an investment opportunity with a large two-flat building. Two of the units feature 3 bedrooms and 2 full baths, spacious layouts, hardwood floors, and a large kitchen with table space. The property also includes a 2-car garage. Additionally, the lower level is ready to be finished, offering the potential for further development. The property is being sold as is.

Key Highlights

  • Large 2‑flat property offers significant investment potential.
  • Two units feature spacious layouts with 3 bedrooms and 2 full baths.
  • Hardwood floors throughout the units.

Property Analytics

Current Use

Psychic Chicago Physician

Suggested Use

Top Pick Law Firm Skin Care Clinic Food Market Gym & Fitness Center Hotel & Motel (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

1,533
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Spacious two-flat with potential for additional unit and desirable features.
Where is this multifamily property located?
The property is located at 2914 W Touhy Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $655,000.
What are key features of this property?
This property features: Large 2‑flat property offers significant investment potential.; Two units feature spacious layouts with 3 bedrooms and 2 full baths.; Hardwood floors throughout the units.
More about this property
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