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5416 W Devon Ave
Chicago, IL 60646

$2,950,000 USD

Storefront Retail Office For Sale  •  10,907 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 17,710 SF
  • Lot Size 0.21 AC
  • Building Class C
  • Year Built 1946
  • Cap Rate 8.81 %
  • Tenancy Multiple
  • Zoning B1-1
44 Transit Score
82 Walk Score

Highlights

IRREPLACEABLE, DENSE, URBAN INFILL REAL ESTATE: Located in Chicago’s Edgebrook neighborhood.
VALUE-ADD OPPORTUNITY: The Property is currently 83% occupied with two vacant units.
DARK STARBUCKS: Starbucks is dark but paying all obligations per their lease through February 28, 2026.
EXCELLENT ACCESS & TRANSIT ORIENTED SITE: 200 feet east of Metra’s Edgebrook Station providing direct access to downtown Chicago
FREE AND CLEAR OFFERING
ROBUST CHICAGO MSA: Chicago is home to the 3rd largest economy and is the third most populous MSA in the nation (Chicago MSA Population: 9.6 million)

Property Flyers

Cap Rate: 8.81 %

Amenities

  • Bus Line
  • Commuter Rail
  • Signage
  • Signalized Intersection

Public Transportation

Commuter RailDriveWalkDistance
Edgebrook Station (Milwaukee District North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 0 min 2 min 0.1 mi
Gladstone Park Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 4 min - 2.2 mi
AirportDriveWalkDistance
Chicago O'Hare International 15 min - 8.5 mi
Chicago Midway International 29 min - 15.7 mi
Adam Foret 630-368-8609 CBRE
Adam Foret 630-368-8609 CBRE