Property for Sale: 5304 W Devon, Chicago, IL 60646

$750,000
$750,000
5304 W Devon, Chicago, IL 60646
$750,000
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Price:
$750,000

Type Commercial
Year Built 1964

City Chicago
County Cook

MLS 12273349
Status Active
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!

Virtual Tours for 5304 Devon Chicago, IL

Lot & Building Features

Cooling Central Air
Tax Year 2023
Lot Dimensions 25 X 114 ft

Price History of 5304 Devon, Chicago, IL

Date Name Price Difference
12/31/1969 Listing Price $750,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Carol Molnar
Direct: 708-227-3388
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Compass, Thomas Wagner
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5304 Devon (MLS #12273349) is a commercial listing located in Chicago, IL. This property was listed on 01/18/2025 and has been priced for sale at $750,000.

Nearby zip codes are 60077, 60630, 60638, 60712 and 60714. This property neighbors other cities such as Harwood Heights, Lincolnwood, Morton Grove, Niles and Skokie.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Compass