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All-Brick Mixed-Use Property
For Sale
Contact for pricing
Pending

2222 W Devon Ave, Chicago, IL 60659

The building contains 12 residential units and 6 commercial units with reported full occupancy.

Property SizeContact for details
Days on Market146

Property Features for 2222 W Devon Ave

General Information

Standard status Pending
Property subtype Retail
Occupancy 100%

Additional Details

Multifamily Units 12

Building Details

Construction brick
Tenancy Multi
Listing Agency: Real People Realty, Inc.
Listed By: Alexander Landowski · License #475.181475
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Sep 1 at 2:53AM

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 Real People Realty, Inc.

Investment Insights

Based on property information with market context.

Located at 2222 W Devon Ave in Chicago, this all-brick mixed-use property combines 12 residential units with 6 commercial units. The residential and commercial components are reported as fully occupied, with established tenants and low turnover described across the property.

The offering carries a stated cap rate of 6%+ and includes both housing and commercial space within one building. Longstanding tenancy is also noted for the residential and commercial units.

Key Highlights

  • All‑brick mixed‑use building at 2222 W Devon Ave, Chicago, IL 60659
  • 12 residential units
  • 6 commercial units

Property Analytics

Current Use

Youmax Food & Liquor (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Acupuncture (Bike/Boat/Book/etc) Store Pet Grooming Service

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

12
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,838
Businesses Nearby

Demographics for 60659, IL

40,579
Population
14,748
Households
2.8
Avg Household Size
36
Median Age
40%
College-Educated
82%
High-School Grad
2.4 sq mi
ZIP Area
16,908
Density / Sq Mi
$70,033
Median Household Income
$40,493
Median Earnings
$1,391
Median Rent
$358,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - The building contains 12 residential units and 6 commercial units with reported full occupancy.
Where is this mixed-use property located?
The property is located at 2222 W Devon Ave Chicago, IL.
What are key features of this property?
This property features: All‑brick mixed‑use building at 2222 W Devon Ave, Chicago, IL 60659; 12 residential units; 6 commercial units
More about this property
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