Address
2222 W Devon Avenue Chicago, IL
Price
$ 2,999,999
Property Attributes
  • MLS#10935636
  • TypeCommercial
  • CountyCOOK
  • CityChicago
  • AreaCHI - West Ridge
  • Zip60659
  • StyleCommercial
  • Year Built1940
  • Taxes$ 23508
  • Price$ 2,999,999
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage18000
  • Lot Size6,168 SqFt
Listing Provided Courtesy Of:
Real People Realty Inc
Data Source:
Midwest Real Estate Data (MRED) - 103 - IL
Property Description

This unique all Brick Building lays in the heart of Devon Ave. You cannot beat this location or this investment opportunity! This Property is compromised of 12 Residential-Units and 6 Commerical-Units w/full occupancies during all times of the year. Consistently leased with low turnovers, this Arm-Chair investment boasts a 6%+ cap w/ the potential to raise rents. Long time tenants w/ no issues or hassles during this time of COVID. You don't want to miss out on this gem!

Price History
11/17/2020 Listed $3,450,000
10/22/2021 14% - $2,999,999

General Features

Additional Parcels Y/N No
City Chicago
Construction Materials Brick
Cooling Central Air, Window Unit(s)
County Cook
Current Use Commercial
Days on Market 345
Directions West on DEVON & BELL coming from the lake
Electric Fuses, Separate Meters
Electric Expense 600
Fuel Expense 26400
Grossincome 298944
Insurance Expense 6500
Lot Size Square Feet 6168
MLS Area CHI - West Ridge
Net Operating Income 202685
Operatingexpense 72750
Possession Closing
Possible Use Commercial, Condominium, Office and Research, Multi-Family, Retail
Property SubType Apts/Stores
Property Type Commercial Sale
Property Type Mixed Use
Standard Status Active
Status Active
Stories 3
Street Name Devon
Tax Annual Amount 23508.3
Tax Year 2019
Tenant Pays Air Conditioning, Electricity
Total Units 18
Township Rogers Park
Trash Expense 5000
Virtual Tour https://youtu.be/kTDMJxlbKvk
Water Sewer Expense 25000
Year Built 1940
Zoning COMMR

Interior Features

Street Suffix Avenue

Exterior Features

Building Area Total 18000
Exterior Brick
Foundation Details Concrete Perimeter
Frontage Type City Street
Lot Dimensions 57X107

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60659

Price
AVG $590K
$3M
Taxes
AVG $15,484
$23,508
Visits
AVG 81
289
Year Built
AVG 1963
1940
Walkscore
AVG 86
90
Data Provided by Walkscore ® not using MLS data

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