3320 W Devon Avenue, Lincolnwood, IL

Others for Sale - $1,559,000 - 0.14 acres


Agent Info

Mark Ahmad
CENTURY 21 Circle

Property Info

CIMLS#1145933
Location
  3320 W Devon Avenue
  Lincolnwood IL 60712
UpdatedApril 4th, 2024
TypeOthers
Price$1,559,000
Land0.14 acres

Property Description

"Building/Real Estate and Lease sale only, EXCLUDING the one CD cleaner business". Single tenant triple net lease investment property on bustling Devon Ave./McCormick Blvd. heavy intersection at Christiana Ave., just across the street from the City of Chicago limit/boundaries. Single-story building occupied by the CD One price Cleaners, approximately 4,200 Sq. ft. located at strong retail corridor across from the Home Depot, Chase Bank. USA Postal Service, and steps to Ross for Less, TJ Maxx, Panera, Starbucks, with minutes to Lowe's, Kohl's, Walmart, Mariano's, and many others, occupied by the CD One Price Cleaners with over 40 locations in the Midwest and has been operating strongly in this location since 2011. A 10-year term lease started in 2021 till 2031, with 7-year and a five-year option remaining, both with rent increases every 5 years. Rear parking along Parkway in front of the building and public parking on the side of the building.


Financials


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