About 1511 West Devon Avenue
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.
Features of 1511 West Devon Avenue
| MLS® # | 11987952 |
|---|---|
| Price | $2,200,000 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Year Built | 1915 |
| Type | Commercial Sale |
| Sub-Type | Retail/Stores |
| Status | Active |
Community Information
| Address | 1511 West Devon Avenue |
|---|---|
| Area | CHI - Edgewater |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60660 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Cooling | Central Air |
|---|---|
| Fireplace | No |
| Has Basement | No |
Additional Information
| Days on Market | 70 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams ONEChicago |
|---|