NEW PRICE — MAJOR VALUE OPPORTUNITY: Prime Chicago Commercial Investment Opportunity: Edgebrook Market multi-tenant neighborhood retail strip center located at 5337-5353 W Devon Ave. Repriced to $1,500,000, this single-story commercial property features 7 highly visible units with one divisible vacant storefront. Investment Highlights:Immediate Value & Upside: Strong current cash flow with upside potential upon lease-up of the sole 2,400 SF vacancy (Suite 5347). Low-Management Structure: Fully operational with tenant expense pass-through arrangements that minimize landlord overhead. Favorable Zoning & Location: Robust B3-1 zoning supports a diversified, recession-resilient mix of long-standing service, fitness, and restaurant tenants. Corner lot with direct frontage on high-traffic Devon Ave, 14 dedicated parking spaces, and rear alley logistics access. Perfect for 1031-exchange or portfolio investors seeking verified potential in Edgebrook.
Property Details
Price:
$1,500,000
MLS #:
MRD12765763
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
chiforestglen
Listed Date:
Sep 21, 2026
Total Sq Ft:
10,683
Lot Size:
15,681 sqft / 0.36 acres (approx)
Year Built:
1957
See this Listing
Schools
Interior
Cooling
Central Individual
Flooring
Varies
Exterior
Construction Materials
Brick, Brick/Stone Msn Pred
Roof
Membrane
Stories
1
Financial
HOA Fee Frequency
Not Applicable
Tax Year
2024
Taxes
$98,688
Map
Community
- Address5337 W Devon Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60646
Market Summary
Current real estate data for Commercial in Chicago as of Oct 07, 2026
887
Commercial Listed
185
Avg DOM
$1,022,243
Avg List Price
Property Summary
- 5337 W Devon Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60646. It is listed for $1,500,000
Similar Listings Nearby

Copyright 2026. All rights reserved.
5337 W Devon Avenue
Chicago, IL


