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$1,300,000 -$250,000 (-16.13%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 6,414 Sq. Ft.
  • Updated 1 day ago
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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!

Full Property Details for 6505 N Bell Ave

General

  • Price: $1,300,000
  • HOA FEE: $1,500
  • Taxes: $17,900 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12587438
  • Updated: 3/30/2026
  • Added to Site: 23 day(s) ago

Interior

  • Basement: Unfinished

Location

  • Area: CHI - West Ridge
  • County: Cook
  • Driving Directions: Located adjacent to the south end of Warner Park

Heating & Cooling

  • Heating Type: Central Heat/Individual Controls, Forced Air

Utilities

  • Trash: 1500

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Foundation: Concrete Perimeter
  • Stories/Levels: 3
  • Square Feet: 6,414
  • Current Bldg. Use: Multi-Family
  • Year Built: 1926
  • Built Before 1978: Yes

Unit Information

  • Units w/Refrigerators: 6
  • Units w/Range/Oven: 6
  • # Dryers: 6

Lot Features

  • Lot Size (Acres): 0.09
  • Lot Size (Sq. Ft.): 4,141
  • Lot Dimensions: 25 x 165

Financial Considerations

  • Maint. Fee: $1,500
  • Insurance Fee: $4,200
  • Operating Expenses: $30,533
  • Assessment Year: 1926
  • Tax Amount: $17,900
  • Tax Year: 2024
  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Pays Electric: 650
  • Pays Trash: 1500

Disclosures and Reports

  • Property ID: 11313070010000

Listed by AAA Real Estate

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— 6505 N Bell Ave —

  • AAA Real Estate

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 6505 N Bell Ave

School District:Chicago Public School District 299
NameGradesDistance
Armstrong G Elementary Intl Studies
2110 West Greenleaf Avenue, Chicago, IL 60645
PK-20.7 mi
Senn High School
5900 North Glenwood Avenue, Chicago, IL 60660
9-121.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 6505 N Bell Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/30/2026
Price Reduced
$1,300,000
-16.13%
MLS
3/09/2026
Listed
$1,550,000
91.36%
MLS
12/22/2022
Sold
$810,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 6505 N Bell Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$12,453
3%
$59,022
—
2022
$12,140
-3%
$59,022
-5%
2021
$12,499
39%
$62,154
54%
2020
$8,966
-3%
$40,250
-12%
2019
$9,221
10%
$45,895
—
2018
$8,387
-18%
$45,895
-9%
2017
$10,169
6%
$50,612
—
2016
$9,637
10%
$50,612
—
2015
$8,794
-9%
$50,612
-8%
2014
$9,681
2%
$54,746
—
2013
$9,479
1%
$54,746
—
2012
$9,376
—
$54,746
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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6505 N Bell Avenue, Chicago, IL 60645 (MLS# 12587438) is a Commercial property. 6505 N Bell Avenue is currently listed for $1,300,000 and was received on March 09, 2026. Want to learn more about 6505 N Bell Avenue? Do you have questions about finding other Commercial real estate for sale in West Ridge? You can browse all West Ridge real estate or contact a Coldwell Banker agent to request more information.

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