1622 W Devon Avenue Chicago, IL $ 650,000
1622 W Devon Avenue
$ 650,000
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1622 W Devon Avenue

Chicago, IL, 60660
$ 650,000
Baths0.0 Sq 4,197

Monthly Estimate*

$ 4,320

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Studio

Commercial Property for sale in Chicago, IL

for $650,000. This 4,197 square foot building was built in 1906 on a lot size of 0.086088.

This one of a kind mixed-use property is back on the market after being completely owner-used for 26 years. It consists of a commercial space on the first floor with access to the unfinished basement including washer and and recently purchased dryer. The commercial space is comprised of a large window display storefront, reception area, conference/training room and 4 offices, two 1/2 bathrooms, and a kitchenette. The second floor is a 2- bedroom plus den, 1 bathroom apartment with a lovely mantel, hardwood floors throughout and designated dining room. The unit has two separate entry-ways with one leading to the rooftop, which has potential to add a deck. There is an additional non-conforming attached two-story coach-house which consists of two separate living spaces, full kitchen, 1 bedroom and 1 bath. The charm of this property lies in its potential. The owner has made major upgrades to the mechanical components of the property like the roof, electrical, rehab of the coach house. With such an stellar location, a light facelift would offer an opportunity to add significant value. The busy Clark-Devon intersection is full of shops, restaurants, and convenience right at the doorstep. It is minutes away from Loyola University, the lakefront, the Andersonville Shopping Strip and more! The property will be completely vacant at the time of closing. The owner is selling "AS-IS".

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Commercial Active

Price

$ 650,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 8,670

Style

Commercial,Non Conforming

Lot Size

0.086088

Year Built

1906

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12025412

Features
General
Cooling Central Air
Possession Closing
Zoning COMMR
Year Built 1906
Electric Circuit Breakers
Tenant Pays Other
Stories 2
Property SubType Mixed Use
Tax Year 2022
Current Use Commercial Non Conforming
Gross Income 0
County Cook
Insurance Expense 2400
Property Type Commercial Sale Mixed Use
Possible Use Commercial Retail
Status Active
Directions West of Clark. East of Paulina St.
City Chicago
NumberOfUnitsTotal 2
MLS Area CHI - Rogers Park
Lot Size Square Feet 3750
Street Name Devon
Tax Annual Amount 8670
Electric Expense 2400
Fuel Expense 1200
Trash Expense 600
Water Sewer Expense 1800
Additional Parcels Y/N N
Days on Market 7
Standard Status Active
Total Actual Rent 3100
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Exterior
Building Area Total 4197
Lot Dimensions 3750 SQ FT
Frontage Type Public Road
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Interior
Street Suffix Avenue
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* Excluded Features
List By
Fulton Grace Realty

Broker

iraist@fultongrace.com;iraist@fultongrace.com

Email

Affordability Calculator

$5,043
Per Month
86%
14%
0%
Monthly Principal & Interest
$4,320
Monthly Property Taxes
$723
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/10/2024$650,000 Listed Price

Map


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1622 W Devon Avenue, Chicago, IL, 60660 is a Commercial Property for sale at $650,000 with 4,197 sqft and a lot size of 0.086088. 1622 W Devon Avenue is a studio with 0.0 baths and was built in 1906. The property's zip code is 60660 which is in Chicago, IL