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Chicago & Midwest  + North Side  + Apartments  | 

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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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).