1525 W Devon Avenue, CHICAGO IL 60660 Photo 1
Listed by Phyllis Smith of CENTURY 21 Affiliated 847-677-1200

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1525 W Devon Avenue - Mixed use building feature two store fronts currently used by one tenant as a barber shop and convenience store, and two apartments. The first apartment is duplexed to the basement and has three bedrooms and one bath. The second apartment on the second floor has three bedrooms and one bath. Both apartments are currently leased by the same tenant. The apartments have been remodeled and show nicely. The tenant pays for heat and electric. There are two parking spaces. This building has great potential and the rents are very low for the space and area.

Listing information

  • MLS® ID: 09297059
  • Year Built: 1900
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $7,219
  • Property ID: 103965779
  • Status: Active with Contingency
  • New Construction: No
  • County: Cook
  • Style: Mixed Use
  • Stories: 2
  • Foreclosure: No

Features

Air Conditioning Window Unit/s
Approximate Age Older
Built Before 1978 (Y/N) Yes
Construction Brick, Concrete
Contingency Flag Attorney/Inspection
Current Use Other
Docks None
Exterior Building Type Brick, Vinyl Siding
Foundation Concrete
Franchisor Feed(y/n) No
Frontage/Access City Street
Geographic Locale Chicago North
Heat/Ventilation Forced Air, Gas
Information None
Known Encumbrances First Mortgage
Location Mixed Use Area
Misc Inside Basement, Multi-Tenant, Storage Inside
Misc Outside Other
Other # Of Apts - 2, # Of Dishwashers - 2, # Of Disposals - 0, # Of Dryers - 1, # Of Offices - 0, # Of Ranges - 2, # Of Refrigs - 2, # Of Tenants - 2, # Of Units - 4, # Of Washers - 1, # Of Window/Ac - 0, Approx Total Bldg Sq Ft - 2590, Electricity Expense - 466, Estimated Tax/Sf - 0, Expense Year - 2014, Fuel Expense - 0, Green Supporting Documents - N, Gross Rent Multiplier - 0, Gross Rental Income $ - 41520, Insurance Expense - 617, Net Oper Income $ - 33525, Net Operating Income Year - 2015, Other Expenses - 2316, Scavenger Expense - 0, Tax Year - 2015, Total Annual Exp - 7995, Total Annual Income - 41520, Total Monthly Income - 3460, Township - North Chicago, Water Expense - 1404, Zoning Type - Commr
Outdoor Parking 1-5 Spaces
Owners Assoc (Y/N) No
Ownership Type Individual
POSSESSION Closing
Property Type Mixed Use
Roof Coverings Rubber
Roof Structure Flat
Tenant Pays Air Conditioning, Electric, Heat
Unincorporated (Y/N) No
Washer/Dryer Lsd (Y/N) No
Listed by Phyllis Smith of CENTURY 21 Affiliated 847-677-1200