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    807 Devon Ave Park Ridge, IL 60068

    For Lease
    $23 SF/Yr ($3,818 /Mo)

    Retail spaces available with parking and high traffic.

    Property size:
    1,950 SF
    Lot size:
    0.12 Acres

    Property Features for 807 Devon Ave

    General Information

    Size
    1,950 SF
    Lot size
    0.12 Acres

    Source: McLennan Commercial Properties Agent Peter Bianchi

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

    Overview

    Retail Space on Devon Avenue

    Retail spaces are available for rent. Suites 811-813 Devon offer 3,560 square feet, which can be easily split. Suite 817 Devon provides 2,008 square feet and includes kitchen and bath facilities. The base rent is $20 per square foot, including a base year stop for taxes. Daytime designated parking is available in the rear of the property. Public parking is available in front, on the north side of Devon, and on Talcott. Apartment residents above the retail spaces contribute to increased traffic for businesses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    loanDepot Mortgage Lender Shannon Serr - loanDepot Mortgage Lender Joshua Jones- loanDepot Mortgage Lender David DeMars - loanDepot Mortgage Lender Patryk Ziegler NMLS#846112 ... Mortgage Lender

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Park Ridge
    County
    Cook
    State
    Illinois
    Longitude
    -87.8356704
    Latitude
    41.9962969

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    FAQs

    What type of property is this?
    Retail space - Retail spaces available with parking and high traffic.
    Where is this retail space located?
    The property is located at 807 Devon Ave Park Ridge, IL.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: - Suites 811-813 (3,560 SF) and Suite 817 (2,008 SF) offer flexible space options, with potential to split the larger suite.; - Base rent is $20 per square foot, including base year stop for taxes.; - Daytime designated parking space in the rear.
    (224) 578-0947
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    807 Devon Ave Park Ridge, IL 60068
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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
    807 Devon Ave Park Ridge, IL 60068
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