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2944 W Devon Avenue

Chicago, IL 60659
  • $1,600,000
  • STATUS: Active
  • ON SITE: 55 Days
  • MLS #: 12111369
UPDATED: 24 min ago
$1,600,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1970
County:
Area:

School Ratings & Info

Description

Very rare offering, This great 3 story, 7 Unit commercial mixed-use building is for sale at 2944 W Devon. The building features a Classic facade. Building is 8975 SQ FT, Land Site is approx. 6250 SQ FT, B1-2 Zoning. Valuable opportunity for an Investor, Developer or end user to acquire a boutique mixed use building right in the heart of Rogers Park. Not to mention Great visibility and very high traffic at this location - 26,700 Vehicles Per Day on Devon, On the first floor, There is a 3300 SQ FT Very busy Retail Bakery in operation, The Bakery features a Fantastic business location with great signage visibility. Very heavy pedestrian traffic, Very vibrant retail area. On floors two and three there are 2-1bed-1ba units, 2-2Bed 1 Bath units, 3-3Bed 1 Bath units. Rear parking lot with 2 spaces, Close to area expressways and Public transportation options include CTA Bus Stops along Devon Avenue. This property is surrounded by retail and restaurants. Area retailers include, Dunkin, city fresh market, Anmol barbeque, Dollar tree, Delhi Darbar Kabab House, Kol Tuv Kosher Foods, Rosens Morse view Pharmacy, The Turnkey Bakery is also for sale for $400,000. Price is negotiable, Please note; Ownership will listen to all offers within reason. Do not bother tenants, Please call listing agent for a showing.

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2024-09-10T13:06:00.087 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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2944 W Devon Avenue Chicago, IL 60659

  • Price: $1,600,000
  • Status: Active
  • On Site: 55 Days
  • Updated: 24 min ago
  • MLS #: 12111369
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1970
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Very rare offering, This great 3 story, 7 Unit commercial mixed-use building is for sale at 2944 W Devon. The building features a Classic facade. Building is 8975 SQ FT, Land Site is approx. 6250 SQ FT, B1-2 Zoning. Valuable opportunity for an Investor, Developer or end user to acquire a boutique mixed use building right in the heart of Rogers Park. Not to mention Great visibility and very high traffic at this location - 26,700 Vehicles Per Day on Devon, On the first floor, There is a 3300 SQ FT Very busy Retail Bakery in operation, The Bakery features a Fantastic business location with great signage visibility. Very heavy pedestrian traffic, Very vibrant retail area. On floors two and three there are 2-1bed-1ba units, 2-2Bed 1 Bath units, 3-3Bed 1 Bath units. Rear parking lot with 2 spaces, Close to area expressways and Public transportation options include CTA Bus Stops along Devon Avenue. This property is surrounded by retail and restaurants. Area retailers include, Dunkin, city fresh market, Anmol barbeque, Dollar tree, Delhi Darbar Kabab House, Kol Tuv Kosher Foods, Rosens Morse view Pharmacy, The Turnkey Bakery is also for sale for $400,000. Price is negotiable, Please note; Ownership will listen to all offers within reason. Do not bother tenants, Please call listing agent for a showing.
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Frontage Type City StreetPublic RoadState Road Outdoor Parking 6-12 Spaces Roof Membrane Water Drainage Drainage WaysStorm Sewers

Interior Features

Cooling Wall Sleeve Flooring Varies Heat Ventilation Central Bldg Heat Miscellaneous Inside Multi-Tenant

Property Features

Additional Parcels YN No Approximate Age 36-50 Years Building Area Total 8975 Built Before1978 YN Yes Current Use Commercial Electric Circuit Breakers Fire Protection Alarm On SiteAnsul SystemSmoke or Fire Protectors Geographic Locale Chicago North Gross Income 141000 Gross Scheduled Income 141000 Insurance Expense 12000 Location Central Business DistrictMixed Use AreaPublic Transport Avail Mls Actual Status Active Net Operating Income 120000 Number Of Tenants 8 Operating Expense 21000 Ownership Types General Partnership Possible Use CommercialMulti-FamilyRetail Property Sub Type Apts/Stores Rental Price 0 Tax Annual Amount 12286 Tax Year 2022 Tenant Pays ElectricityVaries by Tenant Total Monthly Income 11800 Type Mixed Use Utilities Electric to SiteGas to SiteSanitary SewerWater-CommunityWater-MunicipalWater to Site Zoning COMMR

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of @properties Commercial: 312-506-0200.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2024-09-10T13:06:00.087 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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