O'Neil Property Group

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$1,500,000
48 Days On Site

5337 W Devon Avenue
Chicago, IL 60646

For Sale|Retail|Active Under Contract
0
Beds
0
Total Baths
10,683
SqFt
$140
/SqFt
1957
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Essex 312, LLC
5337 W Devon Avenue5337 W Devon Avenue5337 W Devon Avenue5337 W Devon Avenue
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NEW PRICE -- MAJOR VALUE OPPORTUNITY: Prime Chicago Commercial Investment Opportunity: Edgebrook Market multi-tenant neighborhood retail strip center located at 5337-5353 W Devon Ave. Repriced to $1,500,000, this single-story commercial property features 7 highly visible units with one divisible vacant storefront. Investment Highlights:Immediate Value & Upside: Strong current cash flow with upside potential upon lease-up of the sole 2,400 SF vacancy (Suite 5347). Low-Management Structure: Fully operational with tenant expense pass-through arrangements that minimize landlord overhead. Favorable Zoning & Location: Robust B3-1 zoning supports a diversified, recession-resilient mix of long-standing service, fitness, and restaurant tenants. Corner lot with direct frontage on high-traffic Devon Ave, 14 dedicated parking spaces, and rear alley logistics access. Perfect for 1031-exchange or portfolio investors seeking verified potential in Edgebrook.

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Listing Snapshot
PriceΒ 
$1,500,000
Days On SiteΒ 
48 Days
BedroomsΒ 
N/A
Inside Area (SqFt)Β 
10,683 sqft
Total BathsΒ 
N/A
Full BathsΒ 
N/A
Partial BathsΒ 
N/A
Lot SizeΒ 
0.36 Acres
Year BuiltΒ 
1957
MLS NumberΒ 
12765763
StatusΒ 
Active Under Contract
Property TaxΒ 
$98,688.16
HOA/Condo/Coop FeesΒ 
N/A
Sq Ft SourceΒ 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS
3 weeks agoStatus changed to Active Under Contract
2 months agoListing first seen on site
General Features
AcresΒ 
0.36
Additional Property UseΒ 
Commercial
FoundationΒ 
Concrete Perimeter
Lease TermΒ 
Other
Property Sub TypeΒ 
Retail
SewerΒ 
Public Sewer
SqFt TotalΒ 
10683
UtilitiesΒ 
Natural Gas AvailableSewer ConnectedWater Available
ZoningΒ 
COMMR
Interior Features
FlooringΒ 
Varies
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Exterior Features
Construction DetailsΒ 
Brick
RoofΒ 
Membrane
Waterfront FeaturesΒ 
NONE
Community Features
MLS AreaΒ 
CHI - Forest Glen
TownshipΒ 
Jefferson
Listing Courtesy of MRED as distributed by MLS Grid of Essex 312, LLC



Based on information submitted to the MLS GRID as of 2026-11-09 07:33 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
Last checked: 2026-11-09 07:33 AM UTC
MRED DMCA Copyright Information Copyright Β© 2026 Midwest Real Estate Data LLC. All rights reserved.

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Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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