Skip To Content

2222 W Devon Avenue

Chicago, IL 60659
  • $2,999,999
  • STATUS: Active
  • ON SITE: 341 Days
  • MLS #: 10935636
Price Reduced
UPDATED: 68 min ago
$2,999,999
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 18,000
    SQFT
  • $167
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1940
County:

School Ratings & Info

Description

This unique all Brick Building lays in the heart of Devon Ave. You cannot beat this location or this investment opportunity! This Property is compromised of 12 Residential-Units and 6 Commerical-Units w/full occupancies during all times of the year. Consistently leased with low turnovers, this Arm-Chair investment boasts a 6%+ cap w/ the potential to raise rents. Long time tenants w/ no issues or hassles during this time of COVID. You don't want to miss out on this gem!

Monthly Payment Calculator



© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2021-10-24T23:59:31.85 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
www.centralilhomefinder.com/homes/111971857
Print Image

2222 W Devon Avenue Chicago, IL 60659

  • Price: $2,999,999
  • Status: Active
  • Updated: 68 min ago
  • MLS #: 10935636
0
Beds
0
Baths
0
½ Baths
N/A
Acres
18,000
SQFT
$167
$/SQFT
1940
Built
Neighborhood:
Chi - West Ridge
County:
Cook
Area:
Chi - West Ridge
Property Description
This unique all Brick Building lays in the heart of Devon Ave. You cannot beat this location or this investment opportunity! This Property is compromised of 12 Residential-Units and 6 Commerical-Units w/full occupancies during all times of the year. Consistently leased with low turnovers, this Arm-Chair investment boasts a 6%+ cap w/ the potential to raise rents. Long time tenants w/ no issues or hassles during this time of COVID. You don't want to miss out on this gem!
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Frontage Type City Street Parking Total 0 Roof Structure Pitched

Interior Features

Cooling Central AirWindow Unit(S) Heat Ventilation Hot WaterRadiators Number Of Ranges 12

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 18000 Built Before1978 YN Yes Current Use Commercial Electric FusesSeparate Meters Fire Protection Fire Extinguisher/SCarbon Monoxide Detector(S) Geographic Locale Chicago North Gross Income 298944 Gross Scheduled Income 298944 Insurance Expense 6500 Location Central Business DistrictMixed Use Area Net Operating Income 202685 Number Of Tenants 18 Operating Expense 72750 Ownership Types Sole Proprietor Possible Use CommercialCondominiumOffice And ResearchMulti-FamilyRetail Property Sub Type Apts/Stores Rental Price 0 Tax Annual Amount 23508.3 Tax Year 2019 Tenant Pays Air ConditioningElectricity Total Monthly Income 24912 Township Rogers Park Type Mixed Use Zoning Commr

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Real People Realty Inc.


© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2021-10-24T23:59:31.85 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_10935636-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_10935636-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_10935636-1.jpg
Logo
Ryan Dallas Real Estate
4112C Fieldstone Road
Champaign IL, 61822