5430 Devon
$2,409,485
5430 West Devon Avenue, Chicago, IL 60646
7
Cap Rate
168,664
NOI
Details:
Highlights:
- Irreplaceable Real Estate
- Transit Oriented
- Value-Add Opportunity
Description:
Qualified investors are presented with the opportunity to acquire 100% fee simple interest in 5430 Devon Avenue, an 11,902-square-foot neighborhood retail center located in Chicago’s thriving Edgebrook community. The property features a diversified tenant roster including USPS, Baird & Warner, Archie Doratie Co, Tax, Titles & Plates, and Little Nest, providing a blend of daily needs and service-oriented uses.
Strategically positioned at the intersection of Devon Avenue (22,400 VPD) and Kinzua Avenue, the property benefits from excellent visibility and is located just steps from Metra’s Milwaukee District North Edgebrook Station. Edgebrook, one of Chicago’s most desirable neighborhoods, offers a dense residential base, high barriers to entry, and exceptional household incomes. The property is currently 87.4% occupied, presenting investors with an immediate opportunity to boost NOI through the lease-up of the 1,500-square-foot vacancy.
Documents:
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5430_Devon_-_Chicago__IL_CBRE_OM_2026.pdf
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5430_W_Devon._Chicago_CBRE_Brochure.pdf
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Location
Gallery
