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About the Listing 88183 - 111456,1017906
NEW PRICE -- MAJOR VALUE OPPORTUNITY: Prime Chicago Commercial Investment Opportunity: Edgebrook Market multi-tenant neighborhood retail strip center located at 5337-5353 W Devon Ave. Repriced to $1,500,000, this single-story commercial property features 7 highly visible units with one divisible vacant storefront. Investment Highlights:Immediate Value & Upside: Strong current cash flow with upside potential upon lease-up of the sole 2,400 SF vacancy (Suite 5347). Low-Management Structure: Fully operational with tenant expense pass-through arrangements that minimize landlord overhead. Favorable Zoning & Location: Robust B3-1 zoning supports a diversified, recession-resilient mix of long-standing service, fitness, and restaurant tenants. Corner lot with direct frontage on high-traffic Devon Ave, 14 dedicated parking spaces, and rear alley logistics access. Perfect for 1031-exchange or portfolio investors seeking verified potential in Edgebrook.
Listing Highlights for 5337 W Devon Ave
Interior Details
- Appliances:
- Air Cond: Central Individual
- Heating: Central Heat/Indiv Controls
- Fireplaces:
- Floor: Varies
- Basement:
- Other:
- Water: Municipal Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 15681
- Zoning: COMMR
- Roof: Membrane
- Others:
- Sewer:
- Parking Features: 13-18 Spaces
Financial Details
- Tax Amount: $98,688
- Taxes w/Assessments: N/A
- Tax/Property ID: 13041020080000
- Tax Year: 2024
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Monthly Payment
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Listing Location
Questions About..
5337 W Devon Ave Chicago, IL 60646
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