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    1333 Devon Ave Chicago, IL 60660

    Sponsored
    For Lease
    $26 SF/Yr ($11,587 /Mo)

    Chicago Edgewater Office Suites, 1200 SF Available

    Lot size:
    5,348 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Chicago commercial property, located at 1333 W Devon Ave, offers 5,348 square feet of versatile space ideal for executive, medical, or creative office uses. The building, constructed in 1919 and extensively renovated in 2021, features six suites, with one immediately available space of 1,200 square feet. The minimum divisible space is 1,200 square feet, and the maximum contiguous space available is also 1,200 square feet. The property boasts an 11-foot ceiling height and is situated on a 0.14-acre lot, with a building floor area ratio (FAR) of 2. Located in the Edgewater submarket, specifically the Rogers Park cluster, this property benefits from a B3-2 zoning designation. Utilities include 200 amps of power. Property taxes are $6.25 per square foot. The building's prime location offers potential for outdoor seating on the cross street, Wayne Avenue. This single-story building presents a unique opportunity for businesses seeking a well-maintained and conveniently located office space in a vibrant Chicago neighborhood. The address is 1333 W Devon Ave, Chicago, IL 60660.

    Property Features for 1333 Devon Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,348 SF
    Total Rate
    11587.33

    Building Details

    Year Built/Renovated
    1919/2021
    Stories
    1

    Unit(s) available at that property

    Space
    1st Fl, Ste 1333
    Size
    1,200 SF
    Rate per SF
    $26

    HighLights

    • Excellent Loyola Red Line proximity.
    • High visibility with over 17,245 vehicles and heavy pedestrian traffic daily.
    • Desirable single‑story brick building with lower level.
    • Prominent corner signage opportunity.
    • Potential for outdoor seating.
    Property Profile Location Intelligence

    Current Use by Public Records

    Illinois Choice Action ... Association / Organization Beyond Media Education Educational Consultant Great Lakes Van ... Transportation Service kip hillman Psychologist YOSHIKO Clothing Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6643742
    Latitude
    41.9979875

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    FAQs

    What type of property is this?
    Individual retail property - Chicago Edgewater Office Suites, 1200 SF Available
    Where is this individual retail property located?
    The property is located at 1333 Devon Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: Excellent Loyola Red Line proximity.; High visibility with over 17,245 vehicles and heavy pedestrian traffic daily.; Desirable single-story brick building with lower level.
    Request Owner's contact information
    1333 Devon Ave Chicago, IL 60660
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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
    1333 Devon Ave Chicago, IL 60660
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