IL > Chicago
Chicago, IL 60646,5304 W Devon AVE
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Chicago, IL 60646,5304 W Devon AVE
Chicago, IL 60646,5304 W Devon AVE
Chicago, IL 60646,5304 W Devon AVE
Chicago, IL 60646,5304 W Devon AVE
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Kimberly Zahand

Kimberly Zahand

+1(630) 215-6063
$ 700,000
Est. payment /mo
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5304 W Devon AVE Chicago, IL 60646

2,300 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 2,300 sqft

Price per Sqft $304

MLS Listing ID 12307014

Year Built 1964

Annual Tax Amount $17,886

Tax Year 2023

Lot Dimensions 25 X 114

Property Sub-Type Retail/Stores

Property Description

Exceptional hands-off investment opportunity in a prime location within Downtown Edgebrook! This property features a 5-year NN+ lease with 2% annual escalations and no landlord property responsibilities, providing a hassle-free ownership experience. The offering is secured by successful operators with two personal guarantees. Additionally, approximately $125,000 worth of restaurant equipment assets currently being used by the tenant, but owned by the landlord, will be transferred with the sale. The building underwent a complete renovation in 2020, with significant upgrades to both the inside and out including the roof, HVAC systems, kitchen exhaust fans, MAU units, walk-in coolers and freezer, and tankless water heaters. The property is ideally located in a high retail trade corridor with exceptional visibility and accessibility. Situated just 0.2 miles from the Edgebrook Metra Station and having a daily combined traffic count of 70,000+, this location benefits from both high foot and vehicular traffic. Don't miss this turn-key investment opportunity in a thriving community!

Location

State IL

County Cook

Area Chi - Forest Glen

Zoning COMMR

Interior

Cooling Central Air

Flooring Tile, Wood

Fireplace N

Exterior

Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water to Site

Building

Dwelling Type Retail/Stores

Level or Stories 1

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Thomas Wagner • Compass
agent

Kimberly Zahand

+1(630) 215-6063

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5304 W Devon AVE

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