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Listed by Niko Apostal with Essex 312, LLC 773-516-0661

For Sale

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

title Founder of NiKo Collaborative. Managing Broker of Essex 312.
PHONE (312) 216-2424
EMAIL [email protected]
DRE # 471017557

Features & Amenities

Interior

Flooring Varies

Area & Lot

Status For Sale
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
SubstructureConcrete Perimeter

Financial

Sales Price$1,500,000
Real Estate Tax $98,688/yr
Zoning COMMR

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5337 W Devon Avenue

$1,500,000

Niko Apostal

Features & Amenities

Interior

Area & Lot

Exterior

Financial

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Niko Collaborative

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