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Corner Retail Space With Parking
For Lease
$30 SF/Yr

5400 W DEVON Avenue, Chicago, IL 60646

Former Starbucks corner unit offers street and rear parking, transit access, and nearby interstate connectivity.

Space SizeContact for details
Days on Market267

Property Features for 5400 W DEVON Avenue

General Information

Standard status Active
Zoning COMMR

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes

Additional Details

Space Use Retail/Office

Amenities

Edgebrook Metra Train Stop
PACE Bus

Building Details

Year Built 1990
Stories 2
Units 6
Listing Agency: Brookline Real Estate LLC
Listed By: Michael Asfour
Source: Birdrealtysells
Added: Nov 10, 2025 Changed: Aug 4 Last Checked: Aug 4 at 6:53AM

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 Brookline Real Estate LLC

Investment Insights

Based on property information with market context.

This retail space occupies a corner unit at 5400 W DEVON Avenue in Chicago. The property was formerly occupied by Starbucks and provides parking on both the street and rear of the building. Built in 1990, the space carries COMMR zoning and is positioned at the intersection of Devon and Central Avenues.

The property offers direct access to the Edgebrook Metra train stop and PACE bus service. I-94 is less than 1 mile away, supporting convenient regional access for customers, employees, and visitors. Its corner configuration and placement along two avenues provide a clearly defined commercial presence for retail or office use.

Key Highlights

  • Corner unit at Devon and Central Avenues
  • Formerly occupied by Starbucks
  • Street and rear parking available

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Bakery Pharmacy Barber Shop Grocery & Convenience Store Plumbing 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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,446
Businesses Nearby

Demographics for 60646, IL

28,383
Population
11,636
Households
2.4
Avg Household Size
44
Median Age
58%
College-Educated
95%
High-School Grad
4.4 sq mi
ZIP Area
6,451
Density / Sq Mi
$111,115
Median Household Income
$66,105
Median Earnings
$1,241
Median Rent
$493,600
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$25.43 /SF/Yr
Avg Asking Price
$0.92–$80 /SF/Yr
Price Range
7,935 SF
Avg Space Size

This space is priced 18% above the average of $25.43 /SF/Yr.

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Former Starbucks corner unit offers street and rear parking, transit access, and nearby interstate connectivity.
Where is this retail space located?
The property is located at 5400 W DEVON Avenue Chicago, IL.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Corner unit at Devon and Central Avenues; Formerly occupied by Starbucks; Street and rear parking available
More about this property
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