3350-70 W. Devon Avenue

3350-70 W. Devon Avenue, Lincolnwood, IL 60712

  • For Sale $1,768,500
  • Property Type Retail - Strip
  • Property Size 11,600 SF
  • Units 4
  • Lot Size 0.51 Acre
  • Parking Spaces Avail. 28
  • Parking Ratio 2.40 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1982
  • Date Updated Apr 19, 2024
The Village of Lincolnwood is located approximately 10 miles north of downtown Chicago and serves as the gateway to Chicagoland’s North Shore. It is an affluent and diverse community of 13,463 residents with quaint streets, beautiful neighborhoods and parks, an excellent school system, and a prosperous business community. Strategically located along the Edens Expressway (I-94), Lincolnwood has all the advantages of other thriving suburban communities while also being near Chicago. The Village boasts great markets, a skilled labor pool, a large day-time population, and responsive and efficient local government.SVN Chicago Commercial is pleased to offer 3350-70 W. Devon in Lincolnwood, IL FOR SALE. The subject property is an approximately 11,600 SF multi-tenant strip center that is 100% leased. All leases have recently been converted to Net leases and have significant annual escalations. It has a 28-car surface parking lot and the potential for a monument sign. For future leasing, the building demises down to 1,000 SF spaces. The current Net Operating Income (NOI) is $143,815. Located in the first Suburb north of Chicago, Lincolnwood offers incredible ease of access from the north or downtown via the Edens Expressway (I-94). Devon Avenue, a major East-West thoroughfare sees 23,700 vpd and provides great exposure to the site. Additionally, nearby Lincoln Avenue sees 28,100 vpd and McCormick Blvd. 25,400 vpd. The subject is located in a very strong Retail corridor and sits directly across from The Home Depot. The property is zoned B2 in the Village of Lincolnwood. Please call the advisor for further details.SVN Chicago Commercial is pleased to offer 3364 W. Devon in Lincolnwood, IL FOR LEASE. The subject property is an approximately 1,000 SF space located within a multi-tenant strip center with surface parking. The space is a brand new fully built restaurant with all improvements completed by the previous tenant. Located in the first Suburb north of Chicago, Lincolnwood offers incredible ease of access from the north or downtown via the Edens Expressway (I-94). Devon Avenue, a major East-West thoroughfare sees 24,700 vpd and provides great exposure to the site. The property is zoned B2 in the Village of Lincolnwood. Please call advisors for further details.

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Attachments

Highlights

  • 3350-70 W. Devon - FOR SALE
  • Multi-Tenant Strip Center
  • 11,600 SF Building
  • 100% Leased
  • All Leases Converted to Net Leases
  • Significant Annual Escalations
  • Current NOI - $143,815
  • 28 Car Surface Lot (2.4/1,000)
  • Monument Sign Potential
  • Building Demises to Leasable 1,000 SF Spaces For Future Use
  • Excellent Traffic Counts - 23,700 vpd on Devon, 28,100 vpd on Lincoln, 25,400 vpd on McCormick
  • Strong Retail Trade Area
  • Directly Across From Home Depot

Contacts

broker

Adam Napp

SVN | Chicago Commercial

(312) 789-4864

Location

Getting Around

  • Walk Score ®

    81/100 Very Walkable
  • Transit Score ®

    55/100 Good Transit
  • Bike Score ®

    77/100 Very Bikeable
Powered by Walk Score ®
  • City Lincolnwood, IL
  • Neighborhood Lincolnwood
  • Zip Code 60712
  • Market Chicago

Points of Interest

  • Skyline Chicago Limo

    1.54 miles

  • Kimball

    2.05 miles

  • Rogers Park

    2.11 miles

  • Kedzie

    2.19 miles

  • Francisco

    2.26 miles

  • Rockwell

    2.38 miles

  • Western

    2.52 miles

  • Morse

    2.54 miles

  • Howard

    2.55 miles

  • Forest Glen

    2.55 miles

  • Shell

    0.34 miles

  • BP

    0.55 miles

  • Arco

    0.88 miles

  • BP

    0.90 miles

  • Mobil

    0.93 miles

  • Peterson-Pulaski BP

    0.96 miles

  • Citgo

    1.05 miles

  • BP

    1.11 miles

  • Mobil

    1.16 miles

  • Mobil

    1.23 miles

  • Park Plaza Parking Lot

    0.66 miles

  • Public parking

    0.86 miles

  • Faculty & Staff Parking

    1.51 miles

  • Commuter Parking

    1.56 miles

  • Faculty & Staff Parking

    1.57 miles

  • Resident Student Parking

    1.63 miles

  • Resident Student Parking

    1.66 miles

  • Swedish Covenant Hospital

    1.75 miles

  • Kimball Park & Ride

    2.04 miles

  • Howard Park & Ride

    2.52 miles

  • Libanais

    0.05 miles

  • 5Lua

    0.14 miles

  • Pho Le 777

    0.15 miles

  • Shibam by Devon

    0.16 miles

  • Dairy Star

    0.17 miles

  • Taco Bell

    0.17 miles

  • Burger King

    0.18 miles

  • Popeyes

    0.19 miles

  • Panda Express

    0.20 miles

  • Great Chicago Food & Beverage Company

    0.23 miles

  • City Fresh Market

    0.18 miles

  • TJ Maxx

    0.22 miles

  • Lincoln Village Shopping Center

    0.26 miles

  • Ross

    0.29 miles

  • ALDI

    0.73 miles

  • Lincolnwood Town Center

    0.85 miles

  • Kohl's

    0.90 miles

  • Fresh Farms International Market

    0.90 miles

  • Patel Brothers

    0.93 miles

  • Al Noor Meat & Grocery

    1.04 miles

Frequently Asked Questions

What is the lease rate for 3350-70 W. Devon Avenue?

Rental asking rate at 3350-70 W. Devon Avenue is $884,250.00/YR.

What is the total square footage of 3350-70 W. Devon Avenue?

3350-70 W. Devon Avenue totals 11,600 square feet.

When was this property built?

3350-70 W. Devon Avenue was built in 1982.

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Contact Listing Broker

broker

Adam Napp

SVN | Chicago Commercial

(312) 789-4864