3-Unit Retail
For Sale
$1,200,000
701 Devon Avenue, Park Ridge, IL 60068
Commercial Sale, Park Ridge, IL
Property SizeContact for details
Lot Size0.15 Acres
Days on Market190
Property Features for 701 Devon Avenue
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
COMMR
Directions
On Devon Ave, just east of Greenwood Ave and west of Cumberland Ave.
Subdivision
Park Ridge
Standard status
Active
APN
12022020360000
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
36902
Utilities
Utilities
Water Available
Cooling system
Central Air
Building Details
Year built
1950
Floors in Building
1
Number of units
3
Building materials
Brick
Roof type
Rubber
Listing Agency:
Home Gallery Realty Corp.
(773) 909-3346
Listed By:
Gerard Scheffler
(847) 696-7580
Added: Mar 7
Changed: Aug 19
Last Checked: Sep 13 at 6:06PM
MLS# 12586321
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3-unit retail property was built in 1950 and features brick construction, central air, a rubber roof, and water availability. The units are fully leased to long-term tenants, creating an occupied multi-tenant configuration. Unit 703 includes the established Fish Time traditional smoked fish business, which is offered for sale with the building as a combined real estate and business opportunity.
Positioned along Devon Avenue in Park Ridge, the property benefits from reported traffic exposure of approximately 20,000-26,000 vehicles per day. The commercial corridor is surrounded by established businesses and residential neighborhoods, with access to major roads and public transportation. Additional property details include ample parking, signage potential, and COMMR zoning.
Positioned along Devon Avenue in Park Ridge, the property benefits from reported traffic exposure of approximately 20,000-26,000 vehicles per day. The commercial corridor is surrounded by established businesses and residential neighborhoods, with access to major roads and public transportation. Additional property details include ample parking, signage potential, and COMMR zoning.
Key Highlights
- 3‑unit retail building built in 1950
- Fully leased to long‑term tenants
- Devon Avenue traffic exposure of ~20,000‑26,000 vehicles per day
Property Analytics
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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
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Frequently Asked Questions
What type of property is this?
Retail space - Fully leased commercial property with brick construction, central air, and flexible space for multiple business uses.
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 $1,200,000.
What are key features of this property?
This property features: 3‑unit retail building built in 1950; Fully leased to long‑term tenants; Devon Avenue traffic exposure of ~20,000‑26,000 vehicles per day
