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    2114 W Devon Ave Chicago, IL 60659

    For Sale
    $600,000

    Commercial Sale - Chicago, IL

    Property size:
    1,980 SF
    Days on Market:
    152
    Last Refresh:
    Dec 13 at 4:06 pm

    Property Features for 2114 W Devon Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    11313170340000
    Size
    1,980 SF

    Building Details

    Year built
    1924
    Architectural style
    Other

    Charles Rutenberg Realty (630) 929-1100 [email protected]

    Listing agent Anna Chacon (630) 929-1100 License #475183966

    Listing date Jul 15, 2025

    MLS# 12421280 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Devon Avenue Mixed-Use Investment

    Located on Devon Avenue in West Ridge, this mixed-use property is zoned B3-2 and offers approximately 1,980 square feet. The property generates income from two businesses: a restaurant and an auto tire shop. The flexible zoning supports retail, automotive, medical, and mixed-use development, making it suitable for expansion or redevelopment. The location benefits from high visibility and strong foot traffic, with nearby public transit and access to Western Avenue and expressways. Surrounded by residential areas and established local businesses, this property presents a commercial investment opportunity in a thriving corridor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6832893
    Latitude
    41.9980883

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property on Devon Avenue with income-generating businesses.
    Where is this mixed-use property located?
    The property is located at 2114 W Devon Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - Steady income from two active businesses: restaurant and auto tire shop.; - B3-2 zoning allows for retail, automotive, medical, and mixed-use development.; - High visibility and strong foot traffic on vibrant Devon Avenue.
    (630) 929-1100
    Request Owner's contact information
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    Chicago, IL 60659
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2114 W Devon Ave Chicago, IL 60659
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