Brick ice cream shop with a turquoise awning and colorful outdoor chairs along the sidewalk.
Ice cream shop storefront with a turquoise sign and colorful chairs along the sidewalk.
Elephant Thai Cuisine storefront with a green awning and large street-facing windows.
Elephant Thai Cuisine storefront with a green sign, elephant window graphic, and sidewalk enclosure.
Vacant storefront with large street-facing windows, a glass entrance, and a stripped floor.
Commercial storefront with a green Dance & Music Academy awning and a for-lease sign in the window.
Commercial storefront with a green Villa Rosa awning, brick facade, and glass-fronted businesses.
Commercial storefront with brick facade, glass windows, and POWER insurance signage.
Commercial storefront with a green Villari’s Martial Arts awning, brick columns, and sidewalk seating.
Commercial storefront with a green VILARI'S MARTIAL ARTS sign and brick facade.
Brick storefront with a green awning, broad windows, and a tree-lined sidewalk.
Villa Rosa Pizza Kitchen storefront with glass windows, brick trim, and restaurant signage.
Commercial hallway with turquoise walls and gray carpet beside an open, vacant room.
Vacant commercial room with track lighting, unfinished wall patches, and a hallway extending to the left.
Bubble tea cafe interior with wicker lounge seating, a floral counter, retail shelves, and pink-and-white balloons.
Empty interior room with turquoise and tan walls, gray carpet, and track lighting.
Vacant retail space with floor-to-ceiling storefront windows and unfinished wall paint.
Dessert shop interior with glass display cases, café seating, and elaborate ceiling decorations.
Empty room with track lighting, a large window, and stripped, worn flooring.
Vacant commercial interior with ceiling track lights, fans, and a partially unfinished floor.
Martial arts studio with padded training mats, freestanding punching bags, and exposed ceiling beams.
Brick commercial building beside a parking lot with several parked cars and overhead utility wires.
Brick commercial building with multiple service doors behind a paved parking area and parked cars.
Single-story brick commercial building beyond a paved parking lot with parked vehicles.
Brick-and-glass storefront with a green awning, colorful chairs, and a leafy tree along the sidewalk.
Cafe storefront with Bella Boba Cafe signage and four colorful chairs outside.
Red brick commercial building with a turquoise awning and turquoise chairs along the sidewalk.
Ice cream shop interior with long display freezers and a colorful cloud-like ceiling.
Bubble tea café interior with stainless-steel preparation equipment, shelves of cups, and customer seating.
Commercial kitchen with stainless-steel equipment, a large walk-in refrigerator, and dish racks in the foreground.
Commercial kitchen with stainless-steel prep counters, a mixer, refrigerators, and densely stocked shelves.
Aerial view of a commercial building with a sidewalk patio beside a busy, tree-lined intersection.
Aerial view of a Chicago neighborhood centered on a busy intersection, surrounded by shops, homes, and trees.
Aerial view of a commercial intersection with low-rise businesses, parking lots, homes, and woods.
Aerial view of a Chicago neighborhood with commercial streets, tree-lined homes, and park baseball fields.
Aerial view of a leafy Chicago neighborhood, with a broad road leading toward the distant skyline.
Aerial view of a leafy Chicago neighborhood and commercial intersection, with downtown skyline in the distance.
Aerial view of commercial buildings at a busy intersection beside a leafy neighborhood and wooded park.
Aerial view of commercial buildings at a busy intersection beside a leafy residential neighborhood.
Aerial view of a flat-roofed retail building with street-front shops, parking, and mature trees.
Aerial view of a commercial storefront on a busy, tree-lined avenue beside residential homes.
SEE ALL PHOTOS
Brick ice cream shop with a turquoise awning and colorful outdoor chairs along the sidewalk.
Ice cream shop storefront with a turquoise sign and colorful chairs along the sidewalk.
Elephant Thai Cuisine storefront with a green awning and large street-facing windows.
Elephant Thai Cuisine storefront with a green sign, elephant window graphic, and sidewalk enclosure.
Vacant storefront with large street-facing windows, a glass entrance, and a stripped floor.
Commercial storefront with a green Dance & Music Academy awning and a for-lease sign in the window.
Commercial storefront with a green Villa Rosa awning, brick facade, and glass-fronted businesses.
Commercial storefront with brick facade, glass windows, and POWER insurance signage.
Commercial storefront with a green Villari’s Martial Arts awning, brick columns, and sidewalk seating.
Commercial storefront with a green VILARI'S MARTIAL ARTS sign and brick facade.
Brick storefront with a green awning, broad windows, and a tree-lined sidewalk.
Villa Rosa Pizza Kitchen storefront with glass windows, brick trim, and restaurant signage.
Commercial hallway with turquoise walls and gray carpet beside an open, vacant room.
Vacant commercial room with track lighting, unfinished wall patches, and a hallway extending to the left.
Bubble tea cafe interior with wicker lounge seating, a floral counter, retail shelves, and pink-and-white balloons.
Empty interior room with turquoise and tan walls, gray carpet, and track lighting.
Vacant retail space with floor-to-ceiling storefront windows and unfinished wall paint.
Dessert shop interior with glass display cases, café seating, and elaborate ceiling decorations.
Empty room with track lighting, a large window, and stripped, worn flooring.
Vacant commercial interior with ceiling track lights, fans, and a partially unfinished floor.
Martial arts studio with padded training mats, freestanding punching bags, and exposed ceiling beams.
Brick commercial building beside a parking lot with several parked cars and overhead utility wires.
Brick commercial building with multiple service doors behind a paved parking area and parked cars.
Single-story brick commercial building beyond a paved parking lot with parked vehicles.
Brick-and-glass storefront with a green awning, colorful chairs, and a leafy tree along the sidewalk.
Cafe storefront with Bella Boba Cafe signage and four colorful chairs outside.
Red brick commercial building with a turquoise awning and turquoise chairs along the sidewalk.
Ice cream shop interior with long display freezers and a colorful cloud-like ceiling.
Bubble tea café interior with stainless-steel preparation equipment, shelves of cups, and customer seating.
Commercial kitchen with stainless-steel equipment, a large walk-in refrigerator, and dish racks in the foreground.
Commercial kitchen with stainless-steel prep counters, a mixer, refrigerators, and densely stocked shelves.
Aerial view of a commercial building with a sidewalk patio beside a busy, tree-lined intersection.
Aerial view of a Chicago neighborhood centered on a busy intersection, surrounded by shops, homes, and trees.
Aerial view of a commercial intersection with low-rise businesses, parking lots, homes, and woods.
Aerial view of a Chicago neighborhood with commercial streets, tree-lined homes, and park baseball fields.
Aerial view of a leafy Chicago neighborhood, with a broad road leading toward the distant skyline.
Aerial view of a leafy Chicago neighborhood and commercial intersection, with downtown skyline in the distance.
Aerial view of commercial buildings at a busy intersection beside a leafy neighborhood and wooded park.
Aerial view of commercial buildings at a busy intersection beside a leafy residential neighborhood.
Aerial view of a flat-roofed retail building with street-front shops, parking, and mature trees.
Aerial view of a commercial storefront on a busy, tree-lined avenue beside residential homes.
Listed by Niko Apostal with Essex 312, LLC 773-516-0661
Active Under Contract

5337 W Devon Avenue

5337 W Devon Avenue, Chicago, IL 60646

$1,500,000
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.

10,683 Sq.Ft. LIVING AREA

0.36 Acres lot

Niko Apostal

Niko Apostal

Features & Amenities

Interior

  • Flooring Varies

Area & Lot

  • Status Active Under Contract
  • Living Area10,683 Sq.Ft.
  • Total Area10,683 Sq.Ft.
  • Lot Area0.36 Acres
  • MLS® ID12765763
  • TypeCommercial
  • YEAR BUILT1957

Exterior

  • STORIES1
  • water SourceMunicipal Water
  • utilitiesElectric to Site, Natural Gas Available, Sewer Connected, Water Available
  • roofMembrane
  • AIR CONDITIONINGCentral Individual
  • sewerPublic Sewer
  • SubstructureConcrete Perimeter

Financial

  • Sales Price$1,500,000
  • Real Estate Tax $98,688/yr
  • Zoning COMMR
Ice cream shop storefront with a turquoise sign and colorful chairs along the sidewalk.

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