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    4001 Devon Ave Chicago, IL 60646

    Sponsored
    For Lease
    $12 SF/Yr

    Prime Chicago Office Space Available

    Lot size:
    48,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This five-story, 48,000-square-foot Class B office building, located at 4001 W Devon Ave in Chicago's Sauganash neighborhood (zip code 60646, Cook County, IL), offers multiple tenancy options ranging from 196 to 1,577 square feet. Built in 1976 and renovated in 2020, the property features one building with elevators and ample parking. Its convenient location offers easy access to I-94 (Edens Expressway) and is only a 20-minute drive to the Loop. The building boasts a strong anchor tenant, BBCN Bank, on the ground floor, and is surrounded by numerous amenities including Bryn Mawr Country Club, restaurants, and retail establishments like CVS, Dunkin' Donuts, and H&R Block, creating a convenient work-life environment. The building is zoned for commercial use and sits on a 0.44-acre lot. Currently, 19 spaces are available. This property presents a unique opportunity for businesses seeking a well-maintained, conveniently located office space in a thriving Chicago neighborhood. The building's diverse suite sizes cater to a wide range of business needs, from small startups to established companies. The surrounding residential community adds to the property's appeal, offering a blend of professional and residential environments.

    Property Features for 4001 Devon Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    48,000 SF
    Class
    B
    Total Rate
    48000

    Building Details

    Year Built/Renovated
    1976/2020
    Buildings
    1
    Stories
    5

    Unit(s) available at that property

    Space
    502
    Size
    1,055 SF
    Rate per SF
    $17
    Space
    LL-30
    Size
    388 SF
    Rate per SF
    $12
    Space
    LL-15
    Size
    1,004 SF
    Rate per SF
    $12
    Space
    318
    Size
    282 SF
    Rate per SF
    $16
    Space
    LL-35
    Size
    295 SF
    Rate per SF
    $12
    Space
    312-D
    Size
    400 SF
    Rate per SF
    $16
    Space
    205
    Size
    806 SF
    Rate per SF
    $16
    Space
    204
    Size
    777 SF
    Rate per SF
    $16
    Space
    LL-20
    Size
    250 SF
    Rate per SF
    $12
    Space
    310
    Size
    1,577 SF
    Rate per SF
    $16
    Space
    312
    Size
    1,400 SF
    Rate per SF
    $16
    Space
    LL-25
    Size
    286 SF
    Rate per SF
    $12
    Space
    509
    Size
    1,100 SF
    Rate per SF
    $16
    Space
    508
    Size
    352 SF
    Rate per SF
    $16
    Space
    312-C
    Size
    196 SF
    Rate per SF
    $16
    Space
    510
    Size
    1,087 SF
    Rate per SF
    $16
    Space
    336
    Size
    633 SF
    Rate per SF
    $16
    Space
    324
    Size
    456 SF
    Rate per SF
    $16
    Space
    312-E
    Size
    260 SF
    Rate per SF
    $16

    HighLights

    • 48,000 SF Class B office building in Chicago's Sauganash neighborhood (60646).
    • Multiple suite sizes available, ranging from 196 to 1,577 SF; 19 spaces currently available.
    • Built in 1976, renovated in 2020; features elevator and ample parking.
    • Convenient I‑94 (Edens Expressway) access, 20‑minute drive to the Loop.
    • Strong anchor tenant (BBCN Bank); nearby amenities include Bryn Mawr Country Club, restaurants, and retail.
    Property Profile Location Intelligence

    Current Use by Public Records

    Smooth Mortgage Company, ... Mortgage Broker Perfectsat Educational Consultant BLG Technologies Telecommunications Service Provider iOS App Development ... Software Company BLUCAPSOFT LLC Software Company

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.728660274428
    Latitude
    41.997312297307

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    FAQs

    What type of property is this?
    Medical office - Prime Chicago Office Space Available
    Where is this medical office located?
    The property is located at 4001 Devon Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $12-$17 SF/Yr.
    What are key features of this property?
    This property features: 48,000 SF Class B office building in Chicago's Sauganash neighborhood (60646).; Multiple suite sizes available, ranging from 196 to 1,577 SF; 19 spaces currently available.; Built in 1976, renovated in 2020; features elevator and ample parking.
    Request Owner's contact information
    4001 Devon Ave Chicago, IL 60646
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4001 Devon Ave Chicago, IL 60646
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