CVS-Anchored Shopping
For Sale
Contact for pricing
Pending
3934 W Devon Ave, Lincolnwood, IL 60712
Neighborhood shopping center with established national tenants and two vacant units.
Property SizeContact for details
Days on Market44
Property Features for 3934 W Devon Ave
General Information
Standard status
Pending
Property subtype
Retail
Occupancy
82%
Site & Location
Corner Location
Yes
Anchor Co-Tenants
CVS, Block Advisors, Dunkin' Donuts
Additional Details
Cap Rate
8.1%
Building Details
Year Built
2003
Tenancy
Multi
Listing Agency:
Millennium Properties R/E
Listed By:
Daniel Hyman · License #IL 471.013658x
(312) 338-3000
Source:
Crexi
Added: Jul 21
Changed: Aug 30
Last Checked: Aug 31 at 7:39PM
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 neighborhood shopping center was built in 2003 and is anchored by CVS. The tenant roster also includes Block Advisors and Dunkin’ Donuts, providing a mix of recognizable national occupiers. Current occupancy is 82.3%, with two vacant units within the center.
The property occupies the signalized intersection of Devon Avenue and Crawford Avenue in Lincolnwood, Illinois, with exposure from both streets. The center is located at 3934 W Devon Ave, Lincolnwood, IL 60712. Its reported 8.1% cap rate and existing vacancy provide key operating and leasing information for buyers evaluating the asset.
The property occupies the signalized intersection of Devon Avenue and Crawford Avenue in Lincolnwood, Illinois, with exposure from both streets. The center is located at 3934 W Devon Ave, Lincolnwood, IL 60712. Its reported 8.1% cap rate and existing vacancy provide key operating and leasing information for buyers evaluating the asset.
Key Highlights
- CVS anchors the neighborhood shopping center
- 82.3% occupancy with two vacant units
- Built in 2003
Property Analytics
Property Profile
Current Use
Lease Details
82.3%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,328
Businesses Nearby
94k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Shopping center - Neighborhood shopping center with established national tenants and two vacant units.
Where is this shopping center located?
The property is located at 3934 W Devon Ave Lincolnwood, IL.
What are key features of this property?
This property features: CVS anchors the neighborhood shopping center; 82.3% occupancy with two vacant units; Built in 2003
