Active
New
5304 W Devon Avenue
Chicago IL, 60646
$750,000
$326.09 per sqft
Active
New
2,300 sqft
Commercial
Built in 1964
Courtesy of Compass
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!
12273349
MLSⓇ ID
January 18, 2025
Listed
January 18, 2025
Updated
Map
5304 W Devon Avenue
Chicago IL, 60646
Interior Features
Total Stories
1
Floor Description
Tile, Wood
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
0.07 Acres
Other Property Details
Area Name
CHI - Forest Glen
Taxes
$17,886
Tax Frequency
Annually
Days on Market
1
Garage
No
View
No
County
Cook
Municipality
Jefferson
Pool
No
Zoning
COMMR
Courtesy of Compass, Thomas Wagner,
Listing Contact: 847-638-2659
The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Francesco Campobasso are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Based on information submitted to the MLS GRID for MRED 1/18/2025. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
©2025 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.
Data last updated 5:47 PM UTC, 1/18/2025
