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Listing provided courtesy of Strauss Realty LtdMREDas Distributed by MLSGrid- MLS# 12470722MLS Provider

5127 W Devon AvenueChicago, IL 60646

Commercial · 4,378 Sq. ft.
$750,000 Active

5127 W Devon Avenue Overview

Time on Site:
290 days
Visits:
6

4,378 SF single-story office building with 4 storefronts for sale. Three units are currently vacant and available for lease; 5127 Devon is 562 SF, 5131 Devon is 1,831 SF and 5133 Devon is 865 SF. Great for medical offices. 1 unit is already leased (Unit 5129 Devon). Excellent visibility on high-traffic Devon Avenue (22,400 vehicles per day). Prime location with immediate access to I-94, and only 10 minute walk to Edgebrook Train Station. Located in Edgebrook, a family-friendly Chicago neighborhood known for its public parks, forest preserves, and golf courses. Each tenant has individual HVAC.

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5127 W Devon Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 4,378
  • Price/Sq.ft. $171

Details

General

Income/Expenses

  • Existing Lease Type: Modified Gross
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1943

Business Information

  • Current Use: Medical/Dental

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Forest Glen

Rent/Lease Information

  • Tenant Pays: Varies by Tenant

Tax Information

  • Tax Annual Amount: $30,656.00
  • Tax Year: 2023

General Information

  • Parcel Number: 13042020210000
  • Property Type: Commercial Sale

Interior

Building Interior

  • Building Area Total: 4378

General Information

  • Cooling: Central Individual
  • Electric: Other
  • Leasable Area: 2696
  • Stories: 1

Unit Information

  • Unit SqFt.: 4378

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 0x0
  • Lot Size Square Feet: 4378

General Information

  • Number Of Units Total: 4

5127 W Devon Avenue Neighborhood

Community

60646 (CHICAGO) Demographics

42
Median Age
6,353
Population Density (per sq. mile)
59%
College Educated
$100,670
Estimated Median Income
8,447
Estimated Total Home Owners
2,419
Estimated Total Renters
78% / 22%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5127 W Devon Avenue Monthly Cost

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$
$
Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5127 W Devon Avenue Market Data

Based on the last 30 days in this zip code

$704,268
Average List Price
$343
Average Price per Square Foot
24
Properties Sold
46
Average Days on Market
49
Properties for Sale
Calculations provided by Reliance Network

5127 W Devon Avenue History

Date Event Value Agent
9/17/2025Source: MRED Status Change
Active
9/12/2025Source: MRED Added to Database
September 12, 2025