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Drug-Anchored Shopping Center
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Pending

3920 W Devon Ave, Lincolnwood, IL 60712

Five-tenant retail center with a drive-thru pharmacy and daily-needs services in a dense residential setting.

Property Size26,123 SF
Days on Market143

Property Features for 3920 W Devon Ave

General Information

Standard status Pending
Size 26,123 SF
Property subtype Retail

Site & Location

Drive-Thru Yes
Anchor Co-Tenants CVS Pharmacy
Traffic Count 11,602 vehicles/day

Building Details

Tenancy Multi
Listing Agency: Millennium Properties R/E
Listed By: Daniel Hyman · License #IL 471.013658x
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 7:45AM

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 Millennium Properties R/E

Investment Insights

Based on property information with market context.

This 26,123-square-foot shopping center comprises five tenant spaces and is anchored by a drive-thru CVS Pharmacy. The tenant mix includes Dunkin’, H&R Block, a hair salon, and a tobacco shop, creating a range of convenience-oriented retail and service offerings. CVS Pharmacy has renewed its occupancy for another 5 years.

The property occupies the intersection of Devon and Crawford Avenues in Lincolnwood, with visibility to more than 11,602 vehicles per day. Access is available by automobile, transit, and on foot, and the center is surrounded by a dense residential population. Lincolnwood Town Center is nearby, adding an established retail destination to the surrounding commercial context. A reported 864,356 people live within 5 miles of the property.

Key Highlights

  • 26,123‑square‑foot shopping center with 5 tenants
  • Drive‑thru CVS Pharmacy anchors the center
  • CVS Pharmacy renewed for another 5 years

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

11,602 VPD
Traffic count
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
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Frequently Asked Questions

What type of property is this?
Shopping center - Five-tenant retail center with a drive-thru pharmacy and daily-needs services in a dense residential setting.
Where is this shopping center located?
The property is located at 3920 W Devon Ave Lincolnwood, IL.
What are key features of this property?
This property features: 26,123‑square‑foot shopping center with 5 tenants; Drive‑thru CVS Pharmacy anchors the center; CVS Pharmacy renewed for another 5 years
(312) 338-3000 Call to check price and availability
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