Active

1511 W Devon Avenue

Chicago IL, 60660

$2,200,000


Active

Commercial

Built in 1915

Courtesy of Keller Williams ONEChicago

Opportunity knocks for developers and investors at 1511-1519 W. Devon Ave. in the vibrant Edgewater neighborhood of Chicago, IL! Presenting a prime development site listed at $2,200,000, this property currently features retail on the 1st floor and 3 apartments on the second floor, over an expansive land area of 14,125 SF, and is zoned B1-1. Perfectly positioned for a transformative project, it's an ideal locale for affordable housing or an SRO development, catering to the community's growing needs. With the area's developments migrating westward, the potential for growth and value appreciation is significant. The current setup of retail and residential units underscores the versatility and immediate revenue-generating capability of the property, while also presenting a canvas for redevelopment. Note: The property is sold "as-is," reflecting its condition and the opportunity for a fresh start.

11987952

MLS ID

February 23, 2024

Listed

April 10, 2024

Updated

Map

1511 W Devon Avenue
Chicago IL, 60660

Interior Features

Total Stories

2


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

0.32 Acres

Other Property Details

Area Name

CHI - Edgewater


Taxes

$33,613


Tax Frequency

Annually


Days on Market

48


Garage

No


View

No


County

Cook


Pool

No


Buyer Agency Compensation

1.5% - $299

Courtesy of Keller Williams ONEChicago, Anthony Hardy,
Listing Contact: 773-575-6082 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than The Keith Goad Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 4/10/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and 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. 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 11:06 AM UTC, 4/10/2024

 

 

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