Mixed-Use Building Near Loyola
For Sale
Contact for pricing
Pending
1325 W Devon Ave, Chicago, IL 60660
Seven-unit mixed-use building near Loyola University with commercial space.
Property SizeContact for details
Days on Market121
Property Features for 1325 W Devon Ave
General Information
Standard status
Pending
Property subtype
Retail, Multifamily, Mixed Use
Listing Agency:
Kiser Group
Listed By:
Jacob Parker · License #IL 475172661
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Aug 9 at 2:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kiser Group
Investment Insights
Based on property information with market context.
The property at 1325 W Devon is a seven-unit mixed-use building constructed in 2016. It is located two blocks from the Loyola University Campus. The building has a history of zero vacancy due to high demand from students. The commercial space is occupied by Athletico on a full NNN lease. The rental units are rented out conventionally, but new ownership can increase rent by implementing true student housing management and signing per-bed leases. All units are large, have multiple bathrooms, in-unit laundry, in-unit HVAC, and modern finishes. Nearly all units are leased by students and have parents as lease co-signors. The property can be sold alone or in a package with 1244 W Devon and/or 1301 W Devon.
Key Highlights
- Built in 2016, this property boasts a historical vacancy of zero thanks to high demand from Loyola University students.
- All units are large and feature multiple bathrooms, in‑unit laundry, in‑unit HVAC, and modern finishes.
- Located just two blocks from Loyola University Campus.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,628
Businesses Nearby
Explore this area
Business Placement
Demographics for 60660, IL
42,534
Population
23,508
Households
1.8
Avg Household Size
38
Median Age
57%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
32,718
Density / Sq Mi
$66,206
Median Household Income
$46,871
Median Earnings
$1,286
Median Rent
$287,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Seven-unit mixed-use building near Loyola University with commercial space.
Where is this mixed-use property located?
The property is located at 1325 W Devon Ave Chicago, IL.
What are key features of this property?
This property features: Built in 2016, this property boasts a historical vacancy of zero thanks to high demand from Loyola University students.; All units are large and feature multiple bathrooms, in‑unit laundry, in‑unit HVAC, and modern finishes.; Located just two blocks from Loyola University Campus.
