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5430 W Devon Ave
Chicago, IL 60646 Edgebrook

$2,409,485 USD

Storefront Retail Office For Sale  •  11,902 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 11,902 SF
  • Lot Size 0.31 AC
  • Building Class C
  • Year Built 1942
  • Cap Rate 7.00 %
  • Tenancy Multiple
  • Zoning NA
90 Transit Score
90 Walk Score

Highlights

VALUE-ADD OPPORTUNITY: 87.4% Occupied
STRONG OPERATING HISTORY: 19.45 Weighted Average Lapsed Lease Term
EXCELLENT ACCESS & TRANSIT-ORIENTED SITE: Located immediately east of Metra’s Milwaukee District North Edgebrook Station
IRREPLACEABLE, DENSE, URBAN INFILL REAL ESTATE: Located in Chicago’s Edgebrook neighborhood
ROBUST CHICAGO MSA Chicago is home to the third-largest economy and is the 3rd most populous MSA in the nation (Chicago MSA Population: 9.6 million)

Property Flyers

Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Archie Doratie Co 550 SF 4/30/2031
Baird & Warner 4,832 SF 2/28/2029
Little Nest 3,190 SF 7/31/2029
Tax, Title & Plates 390 SF 5/31/2028
USPS 1,440 SF 2/28/2029

Public Transportation

Commuter RailDriveWalkDistance
Edgebrook Station (Milwaukee District North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 0 min 1 min 0.1 mi
Forest Glen Station (Milwaukee District North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 4 min - 1.8 mi
Transit/SubwayDriveWalkDistance
Edgebrook Station (Milwaukee District North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 0 min 1 min 0.1 mi
AirportDriveWalkDistance
Chicago O'Hare International 39 min - 12.9 mi
Chicago Midway International 32 min - 17.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes
Adam Foret 847-651-3697 CBRE
Adam Foret 847-651-3697 CBRE