West Ridge Mixed-Use Trades in High-Traffic Corridor
Essex Realty Group has arranged the sale of 2349 W. Devon Ave., a 32-unit mixed-use building in the North Side’s West Ridge neighborhood. The sale price was approximately $3.05 million.
The firm’s Abe Eilian and Doug Fisher represented the seller, and Brian Kochendorfer, Brian Karmowski, and Troy Beebe represented the buyer on the transaction. Buyer and seller were not disclosed.
The unit mix consists of 13 studios, 11 one-bedrooms, one two-bedroom and seven street-level commercial spaces totaling approximately 8,097 square feet. The commercial space is 100% occupied, and the building has received many recent capital improvements.
2349 W. Devon is located in the heart of the high-traffic Devon Avenue commercial corridor, reportedly known throughout the city for having some of Chicago’s best ethnic restaurants. In addition, the property is near many public green spaces, including Warren Park, Lincolnwood Centennial Park and the North Shore Channel Trail.
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