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    3109 W Devon Ave Chicago, IL 60659

    New
    For Lease
    $3,500 /Mo

    Retail - Chicago, IL

    Type:Retail
    Days on Market:
    4
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 3109 W Devon Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1961
    Number of units
    1
    Architectural style
    Other

    Coldwell Banker Leader Realty (312) 513-4490 [email protected]

    Listing agent Mark Ahmad (773) 465-4200 License #471007186

    Listing date Dec 2, 2025

    MLS# 12525765 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

    Retail Space on Devon Avenue

    This single-story retail space is available for lease on Devon Avenue in Chicago, Illinois. The property features approximately 2,000 square feet of open, brand-new commercial space, complete with a new bathroom. The building includes 4-tandem parking spaces located in the rear. The location is suitable for various retail shops, professionals, doctors, dentists, accountants, attorneys, and many other businesses. The property is within walking distance of public transportation in the Devon Avenue, California Avenue, and Kedzie Avenue neighborhood.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7073811
    Latitude
    41.9971719

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    FAQs

    What type of property is this?
    Retail space - 2,000 sq ft retail space in Chicago for lease.
    Where is this retail space located?
    The property is located at 3109 W Devon Ave Chicago, IL.
    What are key features of this property?
    This property features: - Prime location on Devon Avenue in a high-traffic commercial district.; - Approximately 2,000 sq ft of brand-new, open commercial space.; - Includes a new bathroom.
    (773) 465-4200
    Request Owner's contact information
    3109 W Devon Ave Chicago, IL 60659
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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
    3109 W Devon Ave Chicago, IL 60659
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