3-Unit Commercial
New
For Sale
$999,000
701 Devon Avenue, Park Ridge, IL 60068
Commercial Sale, Park Ridge, IL
Property SizeContact for details
Lot Size0.15 Acres
Days on Market4
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
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Business Included
Yes
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
36902
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Cooling system
Central Air
Amenities
ample parking
Building Details
Year built
1950
Floors in Building
1
Number of units
3
Building materials
Brick
Roof type
Rubber
Buildings
1
Listing Agency:
Home Gallery Realty Corp.
(773) 909-3346
Listed By:
Gerard Scheffler
(847) 696-7580
Added: Oct 26
Changed: Oct 27
Last Checked: Oct 29 at 2:06PM
MLS# 12794872
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.
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Investment Insights
Based on property information with market context.
This three-unit storefront building at 701 Devon Avenue was built in 1950 and has brick construction, central air, a rubber roof, and public sewer. Water is available, and the property is zoned COMMR. All three units are occupied by long-term tenants. The traditional smoked-fish business operating in Unit 703 is offered for sale together with the building as a combined real estate and business opportunity.
The property fronts Devon Avenue in Park Ridge. The corridor carries approximately 20,000-26,000 vehicles per day. The parcel contains 0.1465 acres.
The property fronts Devon Avenue in Park Ridge. The corridor carries approximately 20,000-26,000 vehicles per day. The parcel contains 0.1465 acres.
Key Highlights
- Three‑unit commercial storefront building
- All three units occupied by long‑term tenants
- Unit 703 smoked‑fish business offered with the building
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
26,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
710
Businesses Nearby
34k
Monthly Visits Nearby
Under-served
Demand for This Use
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Le Langage Des Fleurs — 705 Devon Ave, Park Ridge, IL 60068
Frequently Asked Questions
What type of property is this?
Storefront property - All three suites are occupied by long-term tenants, and the smoked-fish business in Unit 703 is offered with the property.
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 $999,000.
What are key features of this property?
This property features: Three‑unit commercial storefront building; All three units occupied by long‑term tenants; Unit 703 smoked‑fish business offered with the building
