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.
Details
MLS #
12765763
Listing Type
For Sale
Style
Retail/stores
Sub-Type
Resale
Status
Active
Year
1957
Days On Site
12
Listing Provided By
Essex 312, LLC | Niko Apostal
Features
SQ Feet
10,683
Story(s)
1
Units
7
Zoning
COMMR
Acreage
0.36
Interior
Cooling
Central Individual
Exterior
Roof
Membrane
Foundation Details
Concrete Perimeter
Construction Materials
Brick, Brick/Stone Msn Pred
Utilities
Utilities
Electric to Site, Natural Gas Available, Sewer Connected, Water Available
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