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    1355 W Devon Ave Chicago, IL 60660

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    For Lease
    $26 SF/Yr

    New construction retail/office space with high visibility and parking.

    Property Features for 1355 W Devon Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    2023

    Source: CHICAGO REAL ESTATE RESOURCES Agent SEAN MASON

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Corner Retail/Office Space Available

    This new construction space is located in a modern brick building at the hard corner intersection of Devon and Glenwood, offering superior visibility. Situated three blocks from Loyola campus, the location benefits from approximately 17,000 vehicles per day. The space features 2,002 square feet encompassing both streets, with significant windows facing Devon and Glenwood. Additionally, the tenant has access to 720 square feet of concrete patio space along the Glenwood side. The property includes individual gas heating and central air, and is prepped for two washrooms, with a 14-foot ceiling height. Up to 10 parking spaces are available onsite. Available immediately as a vanilla box, the architect owner can assist with buildout. It is suited for a variety of uses including storefront, office, gallery, medical, dental, food, and restaurant.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6650067
    Latitude
    41.9979908

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    FAQs

    What type of property is this?
    Retail space - New construction retail/office space with high visibility and parking.
    Where is this retail space located?
    The property is located at 1355 W Devon Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: - New construction in a modern brick building.; - High-visibility corner location at a four-way stop light intersection.; - Close proximity to Loyola campus (three blocks).
    (773) 327-9300
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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
    1355 W Devon Ave Chicago, IL 60660
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