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2222 W Devon Avenue Chicago, IL $ 2,500,000
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$ 2,500,000 Get more info
2222 W Devon Avenue
$ 2,500,000
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Share Save

2222 W Devon Avenue

Chicago, IL, 60659
$ 2,500,000
Baths0.0

Monthly Estimate*

$ 16,616

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Studio

Commercial Property for sale in Chicago, IL

for $2,500,000. This building was built in 1933 on a lot size of 0.140037.

The east corridor of Devon Ave. and Damen Ave., east of Western Ave., at Bill Ave., heavily traveled and trafficked mixed-use district with great presence on Devon Ave. combining business, shops, and professional dense corridor offering 3-Story mixed-use building consisting of 6-leased commercial stores to 4-different tenants/users, and 12-large residential units on the 2/3rd levels, with 8 units are 2-bedrooms 1-bath and 4-units are 1- bedroom, 1- bath. 1-Gas boiler with recent electrical/power improvement worth of $40,000 value. Strong occupancy all year round but with low rents for the residential units. Walking distance to all convenient retailers, shops, entertainments, and public transportation. Actual income and expenses numbers are provided.

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Commercial Active

Price

$ 2,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 29,915

Style

Lot Size

0.140037

Year Built

1933

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11882144
Features
General
Cooling Central Air
Year Built 1933
Electric Other
Tenant Pays Other
Stories 2
Property SubType Mixed Use
Tax Year 2021
Gross Income 303360
County Cook
Insurance Expense 6500
Property Type Commercial Sale Mixed Use
Status Active
Directions Between Damen Ave. and Western Ave. at Bill Ave. Western Ave. Devon Ave. west to address at Bill Ave.
City Chicago
NumberOfUnitsTotal 18
MLS Area CHI - West Ridge
Lot Size Square Feet 6100
Street Name Devon
Tax Annual Amount 29915
Electric Expense 1200
Fuel Expense 24000
Trash Expense 300
Water Sewer Expense 7800
Additional Parcels Y/N N
Days on Market 172
Standard Status Active
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Exterior
Lot Dimensions 57X107
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Interior
Street Suffix Avenue
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* Excluded Features
List By
Century 21 Circle

Broker

mark@chicagorealestatemarkets.com

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Affordability Calculator

$19,109
Per Month
87%
13%
0%
Monthly Principal & Interest
$16,616
Monthly Property Taxes
$2,493
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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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
9/11/2023$2,500,000 Listed Price

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2222 W Devon Avenue, Chicago, IL, 60659 is a Commercial Property for sale at $2,500,000 with a lot size of 0.140037. 2222 W Devon Avenue is a studio with 0.0 baths and was built in 1933. The property's zip code is 60659 which is in Chicago, IL

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