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Listing provided courtesy of @properties CommercialMREDas Distributed by MLSGrid- MLS# 12111369MLS Provider

2944 W Devon AvenueChicago, IL 60659

Commercial · 8,975 Sq. ft.
$1,300,000 Active

2944 W Devon Avenue Overview

Time on Site:
714 days
Visits:
2

Very rare offering, This great 3 story, 7 Unit commercial mixed-use building is for sale at 2944 W Devon. The building features a Classic facade. Building is 8975 SQ FT, Land Site is approx. 6250 SQ FT, B1-2 Zoning. Valuable opportunity for an Investor, Developer or end user to acquire a boutique mixed use building right in the heart of Rogers Park. Not to mention Great visibility and very high traffic at this location - 26,700 Vehicles Per Day on Devon, On the first floor, There is a 3300 SQ FT Very busy Retail Bakery in operation, The Bakery features a Fantastic business location with great signage visibility. Very heavy pedestrian traffic, Very vibrant retail area. On floors two and three there are 2-1bed-1ba units, 2-2Bed 1 Bath units, 3-3Bed 1 Bath units. Rear parking lot with 2 spaces, Close to area expressways and Public transportation options include CTA Bus Stops along Devon Avenue. This property is surrounded by retail and restaurants. Area retailers include, Dunkin, city fresh market, Anmol barbeque, Dollar tree, Delhi Darbar Kabab House, Kol Tuv Kosher Foods, Rosens Morse view Pharmacy, Price is negotiable, Please note; Ownership will listen to all offers within reason. Do not bother tenants, Please call listing agent for a showing.

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2944 W Devon Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 8,975
  • Price/Sq.ft. $145

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 2000
  • Fuel Expense: 3000
  • Gross Income: 141000
  • Gross Scheduled Income: 141000
  • Insurance Expense: 12000
  • Net Operating Income: 120000
  • Operating Expense: 21000
  • Trash Expense: 672
  • Water Sewer Expense: 1500

Building Information

  • Year Built: 1970

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - West Ridge

Rent/Lease Information

  • Tenant Pays: Electricity, Varies by Tenant

Tax Information

  • Tax Annual Amount: $12,286.00
  • Tax Year: 2022

General Information

  • Parcel Number: 10363240200000
  • Possible Use: Commercial,Multi-Family,Retail
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Information

  • Retail SqFt.: 3300

Building Interior

  • Building Area Total: 8975

General Information

  • Cooling: Wall Sleeve
  • Electric: Circuit Breakers
  • Flooring: Varies
  • Foundation Details: Concrete Perimeter
  • Stories: 3

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street,Public Road,State Road
  • Lot Size Dimensions: 50X125
  • Lot Size Square Feet: 6250
  • Water Source: Community Water, Municipal Water

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Membrane

General Information

  • Number Of Units Total: 8
  • Utilities: Electric to Site,Natural Gas Available,Sewer Connected,Water Available

2944 W Devon Avenue Neighborhood

Community

60659 (Chicago) Demographics

35
Median Age
21,613
Population Density (per sq. mile)
44%
College Educated
$54,807
Estimated Median Income
5,844
Estimated Total Home Owners
7,865
Estimated Total Renters
43% / 57%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2944 W Devon Avenue Monthly Cost

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$ %
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$
$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2944 W Devon Avenue Market Data

Based on the last 30 days in this zip code

$381,933
Average List Price
$310
Average Price per Square Foot
13
Properties Sold
35
Average Days on Market
59
Properties for Sale
Calculations provided by Reliance Network

2944 W Devon Avenue History

Date Event Value Agent
6/23/2026Source: MRED Status Change
Active
6/17/2026Source: MRED Price Reduction
$1,300,000 -18.5%
6/17/2026Source: MRED Status Change
Price Change
6/7/2026Source: MRED Status Change
Active
6/2/2026Source: MRED Price Reduction
$1,595,000 -0.3%
6/2/2026Source: MRED Status Change
Re-activated
7/21/2024Source: MRED Status Change
Active
7/16/2024Source: MRED Added to Database
July 16, 2024