Waterfront
Address
1622 W Devon Avenue, Chicago, IL
Price
$ 650,000
Property Attributes
  • MLS#12025412
  • TypeCommercial
  • CountyCOOK
  • CityChicago
  • AreaCHI - Rogers Park
  • NeighborhoodRogers Park
  • Zip60660
  • StyleCommercial,Non Conforming
  • Year Built1906
  • Taxes$ 8670
  • Price$ 650,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4197
  • Lot Size3,750 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

This one of a kind mixed-use property is back on the market after being completely owner-used for 26 years. It consists of a commercial space on the first floor with access to the unfinished basement including washer and and recently purchased dryer. The commercial space is comprised of a large window display storefront, reception area, conference/training room and 4 offices, two 1/2 bathrooms, and a kitchenette. The second floor is a 2- bedroom plus den, 1 bathroom apartment with a lovely mantel, hardwood floors throughout and designated dining room. The unit has two separate entry-ways with one leading to the rooftop, which has potential to add a deck. There is an additional non-conforming attached two-story coach-house which consists of two separate living spaces, full kitchen, 1 bedroom and 1 bath. The charm of this property lies in its potential. The owner has made major upgrades to the mechanical components of the property like the roof, electrical, rehab of the coach house. With such an stellar location, a light facelift would offer an opportunity to add significant value. The busy Clark-Devon intersection is full of shops, restaurants, and convenience right at the doorstep. It is minutes away from Loyola University, the lakefront, the Andersonville Shopping Strip and more! The property will be completely vacant at the time of closing. The owner is selling "AS-IS".

Price History
4/10/2024 Listed $650,000

General Features

Cooling Central Air
Possession Closing
Zoning COMMR
Year Built 1906
Electric Circuit Breakers
Tenant Pays Other
Stories 2
Property SubType Mixed Use
Tax Year 2022
Current Use Commercial,Non Conforming
County Cook
Insurance Expense 2400
Property Type Commercial Sale
Possible Use Commercial,Retail
Status Active
Directions West of Clark. East of Paulina St.
City Chicago
Total Units 2
MLS Area CHI - Rogers Park
Lot Size Square Feet 3750
Street Name Devon
Tax Annual Amount 8670
Electric Expense 2400
Fuel Expense 1200
Trash Expense 600
Water Sewer Expense 1800
Additional Parcels Y/N No
Days on Market 7
Standard Status Active
Property Type Mixed Use
Total Actual Rent 3100

Interior Features

Street Suffix Avenue

Exterior Features

Building Area Total 4197
Lot Dimensions 3750 SQ FT
Frontage Type Public Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60660

Price
AVG $1.12M
$650K
Taxes
AVG $25,683
$8,670
Visits
AVG 173
56
Data Provided by Inside Real Estate®
Year Built
AVG 1936
1906

Areas We Cover