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3924 W Devon Ave

25,652 SF 98% Leased Light Industrial Building Lincolnwood, IL 60712 £1,452,233 (£57/SF) 6.73% Net Initial Yield

Executive Summary

CRER is proud to present the opportunity to purchase a 98% leased, multi-tenant
warehouse and office property for sale in Lincolnwood. The property is well located
near Devon and Crawford and within 5 minutes to I-94. The warehouse portion features
18’ clear heights with two interior depressed docks and one drive in door. The office
portion features a variety of layouts to accommodate a wide range of potential office
tenants. Ownership has spent $150,000 on property upgrades in the last calendar year.

Property Facts

Price £1,452,233
Price Per SF £57
Sale Type Investment
Net Initial Yield 6.73%
Property Type Light Industrial
Property Subtype Light Distribution
Building Class C
Lot Size 0.72 AC
Rentable Building Area 25,652 SF
Number of Floors 1
Year Built 1955
Parking Ratio 1.99/1,000 SF
Clear Ceiling Height 18 ft
No. Dock-High Doors/Loading 2
Level Access Doors 1

Utilities

  • Heating - Gas

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 400 SF
  • Office
  • -
  • Now
Space Size Space Use Condition Available
1st Floor 400 SF Office - Now

1st Floor

Size
400 SF
Space Use
Office
Condition
-
Available
Now
Walk Score ®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 10-35-327-007-0000
  • 10-35-327-008-0000
  • 10-35-327-016-0000
  • 10-35-327-006-0000
Land Assessment
£58,157
Improvements Assessment
£215,227
Total Assessment
£273,384

zoning

Zoning Code B-2
B-2
  • Listing ID: 31622183

  • Date on Market: 26/04/2024

  • Last Updated:

  • Address: 3924 W Devon Ave, Lincolnwood, IL 60712

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