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Price cut: $250,000
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Retail/Stores · Park Ridge, IL
$1,200,000$1,450,000
beds · baths
701 Devon Avenue, Park Ridge, IL, 60068
A brick-and-mortar place to make your own — room to make it home.
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What’s special

Central air
FOR SALE: FOR SALE: 3-UNIT COMMERCIAL BUILDING located at 701-701.5-703 Devon Ave, Park Ridge, IL 60068. Prime multi-tenant commercial property situated on high-traffic Devon Avenue offering excellent visibility and strong daily vehicle exposure. This versatile property features flexible interior space suitable for retail, office, service businesses, showroom, studio, or mixed commercial use. All three units are fully occupied by long-term tenants, providing stable income and an attractive investment opportunity. Property offers ample parking, strong signage potential, and a strategic location surrounded by established businesses and residential neighborhoods. Convenient access to major roads and public transportation. Outstanding opportunity to own a high-visibility commercial asset in one of Park Ridge's most active business corridors. * Fully leased * Long-term tenants * Income producing * Devon Ave traffic. The established "Fish Time" traditional smoked fish business operating in Unit 703 is available for sale together with the building as a combined real estate and business opportunity. Traffic Exposure: Devon Avenue corridor carries ~20,000-26,000 vehicles per day, providing strong visibility and daily customer exposure.
— the listing agent’s description

The home

Built in 1950
Lot 58x110
Retail/Stores

What it’ll cost

$36,902 taxes / yr
No HOA
Listed $1,450,000
Now $1,200,000
103 days on dwello

Estimated monthly payment

$9,805/mo
Principal & interest$6,380
Property taxes$3,075
Homeowners insurance$350
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Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
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103 days on dwello
Price history
Price reduced
Jun 17, 2026
↓ $250,000$1,200,000
Listed for sale
Mar 7, 2026
$1,450,000
Now $250,000 below the original list price.
Property taxes
2025
Annual tax bill (MLS)
$36,902/yr
Assessed value
2026
County assessor
$137,250
2025
$137,250
2024
$128,377
2023
$128,377
2022
$128,377
2021
$113,001
2020
$113,000
2019
$140,939
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

Central AirBrick
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Gerard Scheffler · Home Gallery Realty Corp.
Listing last updated Jun 17, 2026 · data refreshed from the MLS Jun 17, 2026, 6:34 PM CT
Based on information submitted to the MLS GRID as of Jun 17, 2026, 6:34 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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