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2424 W Touhy Ave
Chicago, IL 60645
Retail Property For Sale


Investment Highlights
- Strategically positioned at the high-visibility intersection of Touhy Avenue and Western Avenue.
- 2.38-acre site for redevelopment or existing building reuse/repositioning
- property offers excellent connectivity, approximately 28 minutes from Downtown Chicago, 13 minutes from Evanston
- Zoned B3-2
Executive Summary
CBRE, Inc., as the exclusive advisor, is pleased to present a rare opportunity to acquire a 2.38-acre site for redevelopment or existing building reuse/repositioning in West Ridge, a north-side neighborhood of Chicago. Formerly home to the YMCA High Ridge, the property now offers an exceptional redevelopment opportunity.
Located at 2424 W Touhy Avenue, the site includes an approximately 27,000-square-foot building on 2.38 acres. Zoned B3-2, the property permits a wide range of uses including residential, retail, medical office, hotel, and mixed-use development. With a floor area ratio (FAR) of 2.2, the property allows for up to 228,000 square feet of buildable area. Alternatively, the existing building and expansive parking fields may be ideally suited for a variety of reuse opportunities, including religious, educational, sports, fitness, and medical uses.
Located at 2424 W Touhy Avenue, the site includes an approximately 27,000-square-foot building on 2.38 acres. Zoned B3-2, the property permits a wide range of uses including residential, retail, medical office, hotel, and mixed-use development. With a floor area ratio (FAR) of 2.2, the property allows for up to 228,000 square feet of buildable area. Alternatively, the existing building and expansive parking fields may be ideally suited for a variety of reuse opportunities, including religious, educational, sports, fitness, and medical uses.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
27,000 SF
Building Class
C
Year Built
1980
Percent Leased
100%
Building Height
1 Story
Building FAR
0.33
Lot Size
1.88 AC
Zoning
B3-2
Amenities
- Signage
- Air Conditioning
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