Map of Property

1325 W Devon

For Sale

1325 W Devon, Chicago, IL 60660

This Chicago property for sale is located at 1325 W Devon. The current listed sale price for 1325 W Devon is $3,425,000.

Contacts

broker

Jake Parker

Kiser Group

(773) 293-5030

Property Details

  • Property Type Multi-Family
  • Property Size 10,433 SF
  • Units 7
  • Additional Rent Contact for pricing
  • Year Built 2016
  • Date Updated May 6, 2024
1325 W Devon is located in the Edgewater neighborhood of Chicago near Loyola Chicago's campus.Kiser Group is pleased to present 1325 W Devon for sale. 1325 W Devon is a seven unit mixed-use building located two blocks from the Loyola University Campus. Built in 2016, along with 1244 W Devon, the building has historical vacancy of zero due to the extremely high demand from students. The commercial space is occupied by Athletico on a full NNN lease. While the current tenant base is almost exclusively students, units are rented out conventionally. New ownership can increase rent by implementing true student housing management and signing per-bed leases. The rental units at the Devon Collection are the most in-demand unit types in a post-COVID world. All units are large, have multiple bathrooms, in-unit laundry, in-unit HVAC, and modern finishes. Due to the proximity of Loyola University, nearly all units are leased by students and have parents as lease co-signors. 1325 W Devon can be sold alone or in a package with 1244 W Devon and/or 1301 W Devon.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Student housing with current and historical 100% occupancy
  • Fully occupied commercial spaces with NNN leases
  • Minimal amount of similar rental product in submarket
  • Turnkey and cash flowing
  • Can be sold alone or in a package with 1301 W Devon

Getting around

  • 93/100

    Walk Score ®

  • 69/100

    Transit Score ®

  • 93/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Chicago, IL
  • Neighborhood Edgewater
  • Zip Code 60660
  • Market Chicago

Points of Interest

  • Granville

    0.35 miles

  • Rogers Park

    1.00 miles

  • Jarvis

    1.28 miles

  • Howard

    1.53 miles

  • Skyline Chicago Limo

    1.70 miles

  • South Boulevard

    2.17 miles

  • Damen

    2.32 miles

  • Sheridan

    3.09 miles

  • Irving Park

    3.09 miles

  • Addison

    3.56 miles

  • Citgo

    0.23 miles

  • BP

    0.64 miles

  • Citgo

    0.82 miles

  • Shell

    0.88 miles

  • Shell

    1.00 miles

  • Amoco

    1.17 miles

  • Mobil

    1.42 miles

  • Mobil

    1.45 miles

  • BP

    1.53 miles

  • Mobil

    1.56 miles

  • Loyola Parking Structure

    0.26 miles

  • 7331 N Sheridan Self-Park

    1.15 miles

  • Howard Park & Ride

    1.45 miles

  • Park Plaza Parking Lot

    2.27 miles

  • Evanston Lot 39

    2.36 miles

  • Budget Rental Parking Lot

    2.37 miles

  • Parking Lot 42

    2.43 miles

  • Ravenswood Medical Center

    2.47 miles

  • Evanston Lot 24

    2.66 miles

  • Faculty & Staff Parking

    2.79 miles

  • Hampton Inn Chicago North-Loyola Station

    0.32 miles

  • Heart O' Chicago Motel

    0.67 miles

  • Super 8 by Wyndham Chicago

    1.12 miles

  • Apache Motel

    1.86 miles

  • Guest House Motel

    1.88 miles

  • The Guesthouse Hotel

    1.88 miles

  • O-Mi Motel

    1.90 miles

  • Summit Motel

    2.02 miles

  • Diplomat Motel

    2.08 miles

  • Rodeway Inn

    2.25 miles

  • Target

    0.16 miles

  • ALDI

    0.28 miles

  • Whole Foods Market

    0.52 miles

  • Morse Fresh Market

    0.72 miles

  • Cermak Fresh Market

    0.87 miles

  • Satina World Market

    0.95 miles

  • Target

    1.05 miles

  • Rahmat Grocery and Zabiha Halal Meat

    1.08 miles

  • Jewel-Osco

    1.09 miles

  • Edgewater Produce

    1.12 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Jake Parker

Kiser Group

(773) 293-5030