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3320 W Devon Avenue

Lincolnwood, IL 60712
  • $1,559,000
  • STATUS: Active
  • ON SITE: 304 Days
  • MLS #: 11835339
UPDATED: 59 min ago
$1,559,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
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Area:

School Ratings & Info

Description

"Building/Real Estate and Lease sale only, EXCLUDING the one CD cleaner business". Single tenant triple net lease investment property on bustling Devon Ave./McCormick Blvd. heavy intersection at Christiana Ave., just across the street from the City of Chicago limit/boundaries. Single-story building occupied by the CD One price Cleaners, approximately 4,200 Sq. ft. located at strong retail corridor across from the Home Depot, Chase Bank. USA Postal Service, and steps to Ross for Less, TJ Maxx, Panera, Starbucks, with minutes to Lowe's, Kohl's, Walmart, Mariano's, and many others, occupied by the CD One Price Cleaners with over 40 locations in the Midwest and has been operating strongly in this location since 2011. A 10-year term lease started in 2021 till 2031, with 7-year and a five-year option remaining, both with rent increases every 5 years. Rear parking along Parkway in front of the building and public parking on the side of the building.

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2024-05-26T13:01:01.77 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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3320 W Devon Avenue Lincolnwood, IL 60712

  • Price: $1,559,000
  • Status: Active
  • On Site: 304 Days
  • Updated: 59 min ago
  • MLS #: 11835339
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Lincolnwood
County:
Cook
Area:
Lincolnwood
Property Description
"Building/Real Estate and Lease sale only, EXCLUDING the one CD cleaner business". Single tenant triple net lease investment property on bustling Devon Ave./McCormick Blvd. heavy intersection at Christiana Ave., just across the street from the City of Chicago limit/boundaries. Single-story building occupied by the CD One price Cleaners, approximately 4,200 Sq. ft. located at strong retail corridor across from the Home Depot, Chase Bank. USA Postal Service, and steps to Ross for Less, TJ Maxx, Panera, Starbucks, with minutes to Lowe's, Kohl's, Walmart, Mariano's, and many others, occupied by the CD One Price Cleaners with over 40 locations in the Midwest and has been operating strongly in this location since 2011. A 10-year term lease started in 2021 till 2031, with 7-year and a five-year option remaining, both with rent increases every 5 years. Rear parking along Parkway in front of the building and public parking on the side of the building.
Exterior Features

Lot Size Less Than .25 Acre

Interior Features

Cooling Central Air Heat Ventilation Other

Property Features

Additional Parcels YN No Adjusted Net Income 0 Adjusted Net Income Year 2022 Annual Rent For Real Estate 104196 Building Area Total 4200 Business Age Unknown Business Type Dry Cleaner Corporate Limits Lincolnwood Current Use Commercial Gross Profit Year 2022 Gross Sales Annual 0 Gross Sales Annual Year 2022 Mls Actual Status Active Operating Expense 0 Property Offered For Sale Only Real Estate Included Yes Sale Price Includes Other (See Remarks) Tax Annual Amount 49840 Tax Year 2021 Tenant Pays Other Type Bus / Bus w/Real Est Type Of Lease Net Lease

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Century 21 Circle: 773-465-4200.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2024-05-26T13:01:01.77 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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