Three-Unit Mixed-Use
For Sale
$1,200,000
701 Devon Avenue, Park Ridge, IL 60068
Fully leased commercial property with parking, signage potential, and access to major roads and public transportation.
Property SizeContact for details
Days on Market169
Property Features for 701 Devon Avenue
General Information
Standard status
Active
Property subtype
Commercial
Zoning
COMMR
Occupancy
100%
Site & Location
Traffic Count
26,000 vehicles/day
Public Transit
Yes
Additional Details
Business Included
Yes
Office Units
3
Taxes and HOA fees
Annual Taxes
$36,902
Amenities
signage potential
Building Details
Year Built
1950
Buildings
1
Stories
1
Units
3
Tenancy
Multi
Listing Agency:
Home Gallery Realty Corp.
(773) 909-3346
Listed By:
Gerard Scheffler
Source:
Jjillrealtygroup
Added: Mar 16
Changed: Aug 30
Last Checked: Aug 30 at 5:41PM
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.
Investment Insights
Based on property information with market context.
This 3-unit mixed-use commercial building, constructed in 1950, is fully occupied by long-term tenants. The property offers flexible interior space suited to retail, office, service, showroom, studio, or other mixed commercial uses. Unit 703 includes the established Fish Time smoked fish business, which is available together with the real estate as a combined offering.
Located at 701 Devon Avenue in Park Ridge, the property fronts the Devon Avenue corridor, where reported traffic exposure is approximately 20,000-26,000 vehicles per day. The site includes parking and signage potential, with convenient connections to major roads and public transportation. Zoning is classified as COMMR.
Located at 701 Devon Avenue in Park Ridge, the property fronts the Devon Avenue corridor, where reported traffic exposure is approximately 20,000-26,000 vehicles per day. The site includes parking and signage potential, with convenient connections to major roads and public transportation. Zoning is classified as COMMR.
Key Highlights
- 3‑unit mixed‑use commercial building built in 1950
- Fully occupied by long‑term tenants
- Approximately 20,000‑26,000 vehicles per day on the Devon Avenue corridor
Property Analytics
Property Profile
Current Use
Lease Details
3
Office units
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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully leased commercial property with parking, signage potential, and access to major roads and public transportation.
Where is this mixed-use property located?
The property is located at 701 Devon Avenue Park Ridge, IL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 3‑unit mixed‑use commercial building built in 1950; Fully occupied by long‑term tenants; Approximately 20,000‑26,000 vehicles per day on the Devon Avenue corridor
