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$ 1,150,000
Est. payment /mo
Price Dropped by $50K
701 Devon AVE Park Ridge, IL 60068
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12586321
Year Built 1950
Annual Tax Amount $36,902
Tax Year 2024
Lot Dimensions 58x110
Property Sub-Type Retail/Stores
Property Description
FOR SALE: FOR SALE: 3-UNIT COMMERCIAL BUILDING located at 701-701.5-703 Devon Ave, Park Ridge, IL 60068. Prime multi-tenant commercial property situated on high-traffic Devon Avenue offering excellent visibility and strong daily vehicle exposure. This versatile property features flexible interior space suitable for retail, office, service businesses, showroom, studio, or mixed commercial use. All three units are fully occupied by long-term tenants, providing stable income and an attractive investment opportunity. Property offers ample parking, strong signage potential, and a strategic location surrounded by established businesses and residential neighborhoods. Convenient access to major roads and public transportation. Outstanding opportunity to own a high-visibility commercial asset in one of Park Ridge's most active business corridors. * Fully leased * Long-term tenants * Income producing * Devon Ave traffic. The established "Fish Time" traditional smoked fish business operating in Unit 703 is available for sale together with the building as a combined real estate and business opportunity. Traffic Exposure: Devon Avenue corridor carries ~20,000-26,000 vehicles per day, providing strong visibility and daily customer exposure.
Location
State IL
County Cook
Area Park Ridge
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available, Water Available
Roof Type Rubber
Building
Dwelling Type Retail/Stores
Structure Type Brick

© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Gerard Scheffler of Home Gallery Realty Corp.
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