1333-1343 W Devon Ave - Storefront Retail/Office FOR SALE


Chicago, IL 60660- Edgewater
$2,100,000 USD
312-738-9502
1333-1343 W Devon Ave, Chicago, IL for Sale
$2,100,000 USD
Storefront Retail/Office - FOR SALE
1/16
null | 5.01% Cap Rate

NEW


1333-1343 W Devon Ave
Chicago, IL 60660
Edgewater


HIGHLIGHTS

  • Prominent Corner with Signage! 6 Storefronts 120.4' frontage x 50' 14k VPD on Devon
  • Value Add Opp w/Legacy Tenants Below Market
  • B3-2 Potential FAR and TOD
  • Renovated 2020-23 Newer roof and tuckpoint
  • Minimal LL Expense or Capital Expenditure needed. Well maintained

OVERVIEW

L. J. Sheridan & Co. is pleased to present The 1333-1343 W. Devon Retail Storefronts, a rare opportunity to acquire an asset in Edgewater near Loyola University. The property is an ideal Owner-User opportunity with an End cap Availability of 1,200sf at the corner of Devon and Wayne Ave. The building is strategically located in burgeoning Edgewater in an area that caters to a diverse and dynamic clientele and Loyola student concentration. Edgewater is a lakefront community on the North Side of the city in Chicago, Illinois, six miles north of the loop. Edgewater literally hugs the water’s edge, with miles of beaches, green spaces, and stunning views over Lake Michigan. Chicago's largest park, Lincoln Park, stretches South from Edgewater for seven miles along the waterfront to almost downtown. This historic neighborhood is a haven for artists, foodies, and theatre lovers and has experienced a surge of recent retail and residential development over the last several years. The combination of a rich history combined with cultural assets and convenient public transit makes it a unique hidden gem in the city.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$392 USD /SF

CAP RATE

5.01%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

undefined, Freestanding, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1919

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

B3-2

APN/PARCEL ID

14-05-104-016-0000

ASK ABOUT THIS PROPERTY

Miraya VlachoL.J. Sheridan & Co.More Info
312-738-9502

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Miraya VlachoL.J. Sheridan & Co.More Info
312-738-9502

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.