5401 W DEVON Avenue Chicago, IL ^$ 1,249,000

5401 W DEVON Avenue

^$ 1,249,000

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5401 W DEVON Avenue

Chicago, IL, 60646

^$ 1,249,000

Studio Baths0.0 Sq 6,000

Monthly Estimate*

^$ 8,725

5401 W DEVON Avenue, Chicago, IL 60646 - Image 1

Studio

Commercial Property for sale in Chicago, IL

for $1,249,000. This 6,000 square foot building was built in 1956 on a lot size of 0.158402.

BEAUTIFUL DOWNTOWN FLAGSHIP LOCATION. NEWLY REMODELED INTERIORS. HALF THE BUILDING HAS NEW STOREFRONTS. NEW ROOF IN 2023. ALL STORES BASED AT TRIPLE NET. LONG TIME TENANTS. TENANTS PAY UTILITIES AND TRASH SERVICE. NEVER A VACANCY. OWNER RETIRING.

Commercial Active

Price

^$ 1,249,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 22,878

Style

Commercial

Lot Size

0.158402

Year Built

1956

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11975962

Features

General

Cooling Central Air

Utilities Electric to Site Gas to Site

Possession Closing

Roof Rubber

Zoning RTAIL

Construction Materials Stone

Year Built 1956

Electric Circuit Breakers Over 600 Amps

Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service Operating Stops Taxes Insurance Repairs Roof Scavenger Structure Tax Stops Sewer Other Varies by Tenant

Stories 1

Township Jefferson

Property SubType Free Standing Store

Tax Year 2021

Current Use Commercial

Gross Income 116148

County Cook

Net Operating Income 88860

Operating Expense 0

Insurance Expense 4410

Property Type Commercial Sale Retail/Stores

Status Active

Directions CORNER OF CENTRAL AND DEVON IN DOWNTOWN EDGEBROOK

City Chicago

Total Units 6

MLS Area CHI - Forest Glen

Lot Size Square Feet 6900

Street Name DEVON

Tax Annual Amount 22878

Additional Parcels Y/N Y

Leasable Area 0

Days on Market 6

Lease Type N/A

Standard Status Active

Interior

Flooring Carpet Tile Wood

Street Suffix Avenue

Exterior

Foundation Details Concrete Perimeter

Building Area Total 6000

Lot Dimensions 75 X 115 X 118 X 45

Frontage Type City Street

* Excluded Features

List By

Chicago Northwest Realty Llc

Broker

georgesmichael2003@yahoo.com

Affordability Calculator

$10,631

Per Month

Monthly Principal & Interest: $8,725
Monthly Property Taxes: $1,907
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$844,520

Percent of Sale Price 32%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/7/2024	$1,249,000		Listed Price

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5401 W DEVON Avenue, Chicago, IL, 60646 is a Commercial Property for sale at $1,249,000 with 6,000 sqft and a lot size of 0.158402. 5401 W DEVON Avenue is a studio with 0.0 baths and was built in 1956. The property's zip code is 60646 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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.

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Data is updated as of 5/14/2024.

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5401 W DEVON Avenue

Commercial Property for sale in Chicago, IL

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