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    Three-Unit Commercial Building Title is generated by Realmo AI

    701 Devon Avenue, Park Ridge, IL 60068

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    Claim this Listing
    For Sale
    $1,200,000

    COMMERCIAL - Park Ridge, IL

    Type:Retail
    Lot size:
    0.15 Acres
    Added:
    Mar 7, 2026
    Days on Market:
    96
    Last Refresh:
    Jun 11 at 11:06 pm

    Property Features for 701 Devon Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Zoning
    COMMR
    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

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    Listing Contact
    Gerard Scheffler

    Listing agent Gerard Scheffler

    Listing office Home Gallery Realty Corp. 1420 Renaissance Dr. #408, Park Ridge, IL

    Listing date Mar 7, 2026

    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.

    HighLights

    • Prime location on high‑traffic Devon Avenue with 20,000‑26,000 vehicles per day, offering excellent visibility.
    • Fully leased 3‑unit commercial building providing stable income from long‑term tenants.
    • Versatile interior space suitable for various commercial uses: retail, office, service businesses, showroom, studio, or mixed use.
    • Ample parking and strong signage potential.
    • Strategic location surrounded by established businesses and residential neighborhoods.
    • Convenient access to major roads and public transportation.

    Overview

    This for-sale 3-unit commercial building at 701–701.5–703 Devon Avenue offers versatile interior space for retail, office, service businesses, showroom, studio, or mixed commercial use. The property is fully leased with all three units occupied by long-term tenants, supporting an income-producing setup. Ample parking is available on site, and the building benefits from street-level commercial character suitable for a range of business types.

    The building is positioned on Devon Avenue, a high-traffic corridor in Park Ridge. The property is described as offering strong visibility and daily vehicle exposure, with the Devon Avenue corridor carrying approximately 20,000–26,000 vehicles per day. Convenient access to major roads and public transportation is also noted.

    For tenants, the flexible configuration can accommodate a variety of commercial uses depending on unit size and layout. For buyers, the fully occupied structure presents a straightforward ownership path with long-term occupants in place. Unit 703 is currently occupied by the “Fish Time” traditional smoked fish business, which is available for sale together with the building as a combined real estate and business opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Northwestbarbershop Barber Shop Y-Tech Heating & Air ... HVAC Service

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Le Langage Des Fleurs 705 Devon Ave, Park Ridge, IL 60068

    Location Insight

    • Map
    • Local Demand
    City
    Park Ridge
    County
    Cook
    State
    Illinois
    Longitude
    -87.8328891
    Latitude
    41.9963847

    FAQs

    What type of property is this?
    Storefront property - Three fully occupied units on Devon Avenue provide flexible space for retail, office, service, showroom, or mixed use.
    Where is this storefront 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: Prime location on high‑traffic Devon Avenue with 20,000‑26,000 vehicles per day, offering excellent visibility.; Fully leased 3‑unit commercial building providing stable income from long‑term tenants.; Versatile interior space suitable for various commercial uses: retail, office, service businesses, showroom, studio, or mixed use.
    More about this property
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