About This Home
This 0-bedroom, 0-bathroom commercial at 701 Devon Avenue in Park Ridge, IL is listed for $1,150,000. Built in 1950, on a 0.15 acres lot.
Key Features
- Built in 1950
- 0.15 acre lot
Property Details
Amenities
FOR SALE: FOR SALE: 3-UNIT COMMERCIAL BUILDING located at 701-701.5-703 Devon Ave, Park Ridge, IL 60068. Prime multi-tenant commercial property situated on high-traffic Devon Avenue offering excellent visibility and strong daily vehicle exposure. This versatile property features flexible interior space suitable for retail, office, service businesses, showroom, studio, or mixed commercial use.
All three units are fully occupied by long-term tenants, providing stable income and an attractive investment opportunity. Property offers ample parking, strong signage potential, and a strategic location surrounded by established businesses and residential neighborhoods.
Convenient access to major roads and public transportation. Outstanding opportunity to own a high-visibility commercial asset in one of Park Ridge's most active business corridors. * Fully leased * Long-term tenants * Income producing * Devon Ave traffic.
The established "Fish Time" traditional smoked fish business operating in Unit 703 is available for sale together with the building as a combined real estate and business opportunity. Traffic Exposure: Devon Avenue corridor carries ~20,000-26,000 vehicles per day, providing strong visibility and daily customer exposure.
Monthly Cost Estimate
$6,150/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
701 Devon Avenue
Park Ridge, IL 60068
Property Details
Construction
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 701 Devon Avenue is listed at $1,150,000. The estimated monthly payment is $6,150 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1950, 0.15 acre lot.
This property is listed by Gerard Scheffler and can be reached at (847) 696-7580.