Chicago, IL 60659 2944 W Devon Avenue
$1,600,000



10 more











Presented By: @properties Commercial
Home Details
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.
Presented By: @properties Commercial
Interior Features for 2944 W Devon Avenue
Other Interior Features
FlooringVaries
General for 2944 W Devon Avenue
Additional Parcels Y/NNo
Cap Rate7.5
CityChicago
Construction MaterialsBrick
CoolingWall Sleeve
CountyCook
Current UseCommercial
DirectionsMcCormick to devon, east to address
ElectricCircuit Breakers
Electric Expense2000
Fuel Expense3000
Gross Income141000
Insurance Expense12000
Lot Size Square Feet6250
MLS AreaCHI - West Ridge
ModificationTimestamp2024-08-17T08:34:25.742Z
Net Operating Income120000
Number Of Units Total8
Operating Expense21000
PossessionClosing, Immediate
Possible UseCommercial, Multi-Family, Retail
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
RoofMembrane
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount12286
Tax Year2022
Tenant PaysElectricity, Varies by Tenant
Trash Expense672
UtilitiesNatural Gas Available, Sewer Connected, Water Available
Water Sewer Expense1500
Year Built1970
ZoningCOMMR
Exterior for 2944 W Devon Avenue
Building Area Total8975
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street, Public Road, State Road
Lot Dimensions50X125
Water SourceMunicipal Water
Additional Details
Price History
