Search
Corner Storefront Retail Space
For Lease
$30 SF/Yr

5400 W Devon Ave, Chicago, IL 60646

Former Starbucks corner unit with parking at a transit-connected Chicago commercial location.

Space SizeContact for details
Days on Market16

Property Features for 5400 W Devon Ave

General Information

Standard status Active

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes

Additional Details

Space Use Office

Building Details

Year Built 1990
Listing Agency: Brookline Real Estate LLC
Listed By: Michael Asfour
Source: Grandviewrealtyservices
Added: Aug 13 Changed: Aug 28 Last Checked: Aug 28 at 12:57PM

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 corner storefront unit supports retail or office occupancy and was formerly occupied by Starbucks. The property dates to 1990 and includes access to both street and rear parking.

The space is positioned at Devon and Central Avenues in Chicago’s Edgebrook community, with the Edgebrook Metra train stop and PACE bus service nearby. I-94 access is less than 1 mile away, providing a direct regional connection for customers, employees, and visitors.

Key Highlights

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

Property Analytics

Current Use

Storefront properties

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

661
Businesses Nearby
Under-served
Demand for This Use

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

$26.81 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
3,584 SF
Avg Space Size

This space is priced 12% above the average of $26.81 /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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • A Vintage Bloom 5418 W Devon Ave, Chicago, IL 60646
  • Sauganash Flowers & Gifts 6346 N Cicero Ave, Chicago, IL 60646

Frequently Asked Questions

What type of property is this?
Storefront property - Former Starbucks corner unit with parking at a transit-connected Chicago commercial location.
Where is this storefront property located?
The property is located at 5400 W Devon Ave 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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message