5400 Devon Ave Chicago, IL 60646
Property size:
17,710 SF- Added:
- Dec 11, 2024
- Days on Market:
- 370
Property Features for 5400 Devon Ave
General Information
- Property type
- Day care centers
- Square Feet
- 17,710 SF
- Lot Size
- 21,344 SF
Building Details
- Stories
- 2
- Units
- 9
HighLights
- 100% fee simple interest in a 17,710‑square‑foot retail center, 83% occupied by essential tenants including Domino's, Sunflower Academy, Israel Warrens Dentistry, and KingPho.
- Value‑add opportunity with two vacant units totaling 2,903 square feet, offering NOI growth potential.
- Starbucks lease in place through February 28, 2026, providing immediate cash flow while allowing time to lease the vacant 1,802‑square‑foot space.
- Excellent location at a high‑traffic intersection (36,300+ VPD) with proximity to major thoroughfares and the Metra Milwaukee District North train station, offering direct access to downtown Chicago.
- Debt‑free offering allowing investors flexibility in structuring financing.
Current Use by Public Records
Day care centers
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.763895
- Latitude
- 41.997635
Nearby Similar for Sale
FAQs
Where is this day care center located?
The property is located at 5400 Devon Ave Chicago, IL.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 100% fee simple interest in a 17,710-square-foot retail center, 83% occupied by essential tenants including Domino's, Sunflower Academy, Israel Warrens Dentistry, and KingPho.; Value-add opportunity with two vacant units totaling 2,903 square feet, offering NOI growth potential.; Starbucks lease in place through February 28, 2026, providing immediate cash flow while allowing time to lease the vacant 1,802-square-foot space.
