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5-Tenant Shopping Center with Drive-Through
For Sale
Contact for pricing
Pending

3950 W Devon Ave, Lincolnwood, IL 60712

Conveniently located retail center with pharmacy, food service, personal care, and tax preparation tenants.

Property SizeContact for details
Days on Market143

Property Features for 3950 W Devon Ave

General Information

Standard status Pending
Property subtype Retail

Site & Location

Drive-Thru Yes
Anchor Co-Tenants CVS Pharmacy, Dunkin'

Building Details

Tenancy Multi
Listing Agency: JLL Chicago | Americas Headquarters
Listed By: Mohsin Mirza · License #IL 475.189943
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Sep 1 at 7:32AM

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 JLL Chicago | Americas Headquarters

Investment Insights

Based on property information with market context.

This five-tenant shopping center at 3950 W Devon Ave in Lincolnwood, Illinois, is organized around a drive-through CVS Pharmacy and a varied mix of daily-needs retailers. The tenant roster includes Dunkin’, H&R Block, a hair salon, and a tobacco shop, creating a combination of pharmacy, food service, personal care, and business services within one property.

The center is positioned in the north suburbs of Chicago and is accessible by both automobile and foot traffic. CVS recently renewed for another 5-years at the center, providing a current lease commitment from the pharmacy occupant.

Key Highlights

  • Five‑tenant shopping center anchored by a drive‑through CVS Pharmacy
  • Tenant mix includes Dunkin’, H&R Block, a hair salon, and a tobacco shop
  • CVS recently renewed for another 5‑years at the center

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Butcher Catering Service Acupuncture Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,328
Businesses Nearby
94k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 55% Groceries 27% Dining 14% Electronics 2%
Binny's Beverage Depot Groceries
25,707 visits/mo 0.3 miles
Mobil Shops & Services
17,932 visits/mo 0.2 miles
BP Shops & Services
11,741 visits/mo 0.5 miles
Starbucks Dining
10,879 visits/mo 0.4 miles
Mobil Shops & Services
9,417 visits/mo 0.3 miles

Demographics for 60712, IL

13,463
Population
4,987
Households
2.7
Avg Household Size
46
Median Age
57%
College-Educated
93%
High-School Grad
2.7 sq mi
ZIP Area
4,986
Density / Sq Mi
$107,950
Median Household Income
$60,315
Median Earnings
$3,501
Median Rent
$475,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Conveniently located retail center with pharmacy, food service, personal care, and tax preparation tenants.
Where is this shopping center located?
The property is located at 3950 W Devon Ave Lincolnwood, IL.
What are key features of this property?
This property features: Five‑tenant shopping center anchored by a drive‑through CVS Pharmacy; Tenant mix includes Dunkin’, H&R Block, a hair salon, and a tobacco shop; CVS recently renewed for another 5‑years at the center
(312) 782-5800 Call to check price and availability
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