2222 West Devon Avenue

Chicago, IL 60645

$2,500,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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.
  1. Listed by Mark Ahmad • Century 21 Circle

Property Details for 2222 West Devon Avenue

Area
CHI - West Ridge

Location

Listing Courtesy of Century 21 Circle
Add your commute
LISTING UPDATED: 02/29/2024 12:18 PM

Property Details for 2222 West Devon Avenue

StatusActive
MLS #11882144
Days on Market276
Taxes$29,915 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1933
Lot Size0.14 AC / 6,100 SF
CountyCook County

Location

Listing Courtesy of Century 21 Circle
Add your commute

Building Information for 2222 West Devon Avenue

Stories-Residences18Year Built1933Lot Size0.14 AC / 6,100 SF

Payment Calculator

$16,136 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,644

Property Taxes

$2,493

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2222 West Devon Avenue

General Information
Addtl Parking Information
  • Open Parking Spaces: 0.0
Location and General Information
  • Geographic Locale: Chicago Northwest
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Other
  • Heat/Ventilation: Other
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 12
Property/Lot Information
  • Tenant Pays: Other
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 57X107
  • Lot Size Square Feet: 6100.0
  • Stories: 2
  • Fire Protection: Other
  • # Of Offices: 0
  • # Of Stores: 6
  • Property Sub Type: Mixed Use
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 20
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 18
Income & Expenses
  • Electric Expense: $1,200.00
  • Fuel Expense: $24,000.00
  • Gross Income: $303,360.00
  • Gross Scheduled Income: $303,360.00
  • Insurance Expense: $6,500.00
  • Other Expense Source: Actual
  • Total Monthly Income: 25280
  • Other Expense: $25,000.00
  • Trash Expense: $300.00
  • Water Sewer Expense: $7,800.00

Property History for 2222 West Devon Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 2222 West Devon Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Charter - 6 to 12
Public - K to 7
Rating
School
Distance
Stone Elementary Scholastic Academy
PublicK to 8

Senn High School
Public9 to 12

Chicago Math & Sci Elementary Charter
Charter6 to 12

Decatur Classical Elementary School
PublicK to 7

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2222 West Devon Avenue is a mixed use property for sale in Chicago, IL 60645. This property was listed for sale on September 11, 2023 by Century 21 Circle, it's currently listed at $2,500,000. This listing's school district is City Of Chicago School District 299. Nearby schools include Stone Elementary Scholastic Academy, Senn High School and Chicago Math & Sci Elementary Charter. 2222 West Devon Avenue is a 0-bed, 0-bath, mixed use property built in 1933.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Circle

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.