3-Unit Retail
For Sale
$1,150,000
701 Devon Avenue, Park Ridge, IL 60068
All three units are occupied by long-term tenants, and the business in Unit 703 is offered with the property.
Property SizeContact for details
Days on Market236
Property Features for 701 Devon Avenue
General Information
Standard status
Active
Property subtype
Commercial
Zoning
COMMR
Occupancy
100%
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Business Included
Yes
Traffic Count
26,000 vehicles/day
Taxes and HOA fees
Annual Taxes
$36,902
Building Details
Year Built
1950
Buildings
1
Stories
1
Units
3
Tenancy
Multi
Listing Agency:
Home Gallery Realty Corp.
Listed By:
Gerard Scheffler
(773) 909-3346
Source:
Crossdavidson
Added: Mar 7
Changed: Oct 28
Last Checked: Oct 26 at 3:42AM
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 Home Gallery Realty Corp.
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Investment Insights
Based on property information with market context.
The 1950-built retail property at 701 Devon Avenue in Park Ridge comprises three commercial units and is zoned COMMR. Each unit is occupied by a long-term tenant. The traditional smoked fish business operating in Unit 703 is available as part of a combined sale of the business and real estate.
The property fronts Devon Avenue, a corridor reported to carry approximately 20,000–26,000 vehicles per day. Public transportation and major roads are described as accessible from the property.
The property fronts Devon Avenue, a corridor reported to carry approximately 20,000–26,000 vehicles per day. Public transportation and major roads are described as accessible from the property.
Key Highlights
- Three commercial units; all are occupied by long‑term tenants
- Built in 1950 and zoned COMMR
- Devon Avenue corridor traffic: ~20,000‑26,000 vehicles per day
Property Analytics
Who owns this building?
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Current Use
Lease Details
26,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
710
Businesses Nearby
34k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 88%
Dining 12%
Shell
Shops & Services
12,382 visits/mo
0.3 miles
7-Eleven
Shops & Services
6,581 visits/mo
0.1 miles
Huntington Bank
Shops & Services
4,209 visits/mo
0.5 miles
Marathon
Shops & Services
3,744 visits/mo
0.0 miles
PNC Bank
Shops & Services
2,740 visits/mo
0.0 miles
Demographics for 60068, IL
39,672
Population
15,999
Households
2.5
Avg Household Size
44
Median Age
65%
College-Educated
97%
High-School Grad
7.3 sq mi
ZIP Area
5,435
Density / Sq Mi
$138,201
Median Household Income
$78,495
Median Earnings
$1,511
Median Rent
$539,700
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - All three units are occupied by long-term tenants, and the business in Unit 703 is offered with the property.
Where is this retail space located?
The property is located at 701 Devon Avenue Park Ridge, IL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Three commercial units; all are occupied by long‑term tenants; Built in 1950 and zoned COMMR; Devon Avenue corridor traffic: ~20,000‑26,000 vehicles per day
