1325 W Devon Ave Chicago, IL 60660

Listing office Kiser Group

Listing date Apr 12, 2026

Source Crexi

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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.

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FAQs

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.