Price Reduced Listing
701 Devon Avenue,Park Ridge, IL 60068
Park Ridge, IL 60068
Description
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.
Details
| MLS # | 12586321 |
|---|---|
| Listing Type | For Sale |
| Style | Retail/stores |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 199 |
| Listing Provided By | Home Gallery Realty Corp. | Gerard Scheffler |
Features
| Story(s) | 1 |
|---|---|
| Units | 3 |
| Zoning | COMMR |
| Acreage | 0.15 |
Interior
| Cooling | Central Air |
|---|
Exterior
| Roof | Rubber |
|---|---|
| Construction Materials | Brick |
Utilities
| Utilities | Electric to Site, Natural Gas Available, Water Available |
|---|---|
| Electric | Circuit Breakers |
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 36902 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Park Ridge |
| Zip Code | 60068 |
| Area | Park Ridge |
| Listing VS Median (in 60068) | |
Price: $1,150,000 low | high Med: $624,950 On site: 199 low | high Med: 7.5 | |
Market Activity 60068
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Park Ridge |
| Zip Code | 60068 |
| Area | Park Ridge |
| Listing VS Median (in 60068) | |
Price: $1,150,000 low | high Med: $624,950 On site: 199 low | high Med: 7.5 | |
