1539 W Devon Avenue
Chicago, IL, 60644
$3,000,000
Beds
0 Baths
0 SqFt
0 Acres
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$3,000,000
1539 W Devon Avenue
Chicago, IL, 60644
MLS #MRD12398911 img 0MLS #MRD12398911 img 1MLS #MRD12398911 img 2
A NEWLY RENOVATED & MASTER-LEASED 14-UNIT, MIXED-USE PROPERTY IN CHICAGO’S HIGHLY DESIREABLE EDGEWATER/ROGERS PARK NEIGHBORHOOD! 1539 W. Devon delivers an economically productive real estate investment with low management intensity, while simultaneously delivering crucial social services and much needed affordable housing! Offered privately upon completion 1539 W. Devon represents the epitome of the elusive ‘arm-chair’ investment. Located just a short walk to Loyola University, three major CTA Bus lines (#155 Devon, #22 Clark & #49 Broadway) and the Loyola Red Line and Peterson/Ridge Metra stops are each 12 minutes away. Estimated completion date: August 2025

Property Details

Price:
$3,000,000
MLS #:
MRD12398911
Status:
Active
Beds:
0
Baths:
0
Address:
1539 W Devon Avenue
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
CHI – Edgewater
City:
Chicago
Listed Date:
Jul 2, 2025
State:
IL
Total Sq Ft:
6,520
ZIP:
60644
Year Built:
1920

Schools

Interior

Cooling
Central Air, Central Individual
Flooring
Concrete, Vinyl

Exterior

Construction Materials
Brick
Roof
Membrane

Financial

Net Operating Income
$233,007
Tax Year
2023
Taxes
$5,250
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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1539 W Devon Avenue
Chicago, IL