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$549,900

  • For Sale
  • Active
  • Commercial
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Attention investors and operators! This is an excellent opportunity featuring two charming storefronts located near the lakefront and Loyola University. The property also includes two apartments above the commercial spaces, with tenants responsible for their own utilities. Additional highlights include two rear parking spaces. This location is ideal for local businesses such as insurance, accounting, or law offices. The building is fully rented and generates strong income. Don't miss this promising investment.

Full Property Details for 1523 W Devon Ave

General

  • Price: $549,900
  • Taxes: $9,040 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12628610
  • Updated: 5/14/2026
  • Added to Site: 36 day(s) ago

Location

  • Area: CHI - Edgewater
  • County: Cook
  • Driving Directions: go north on Clark, turn right on to Devon
  • Location Details: Chicago North

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air

Structural Information

  • Construction: Brick, Wood
  • Exterior Const.: Brick, Wood
  • Stories/Levels: 2
  • # of Stores: 2
  • Year Built: 1901
  • Built Before 1978: Yes

Unit Information

  • # Tenants: 4

Lot Features

  • Lot Size (Sq. Ft.): 2,825
  • Lot Dimensions: 25 x 112
  • Zoning: OTHER

Financial Considerations

  • Lease Price: $1
  • Insurance Fee: $2,800
  • Assessment Year: 1901
  • Tax Amount: $9,040.92
  • Tax Year: 2024
  • Tenant Pays: Electricity, Heat
  • Pays Electric: 251

Disclosures and Reports

  • Property ID: 14051000150000

Listed by Compass

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Listing agents

— 1523 W Devon Ave —

  • Compass

  • Compass

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1523 W Devon Ave

School District:Chicago Public School District 299
NameGradesDistance
Hayt Elementary School
1518 West Granville Avenue, Chicago, IL 60660
K-80.2 mi
Senn High School
5900 North Glenwood Avenue, Chicago, IL 60660
9-120.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1523 W Devon Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/23/2026
Listed
$549,900
57.11%
MLS
3/06/2017
Sold
$350,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1523 W Devon Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,862
3%
$42,000
—
2022
$8,639
2%
$42,000
—
2021
$8,446
-6%
$42,000
4%
2020
$9,032
-2%
$40,543
-12%
2019
$9,256
2%
$46,072
—
2018
$9,101
7%
$46,072
17%
2017
$8,481
7%
$39,395
—
2016
$7,890
9%
$39,395
—
2015
$7,219
15%
$39,395
16%
2014
$6,288
-16%
$33,890
-17%
2013
$7,443
1%
$40,925
—
2012
$7,344
—
$40,925
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1523 W Devon Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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1523 W Devon Avenue, Chicago, IL 60660 (MLS# 12628610) is a Commercial property. 1523 W Devon Avenue is currently listed for $549,900 and was received on April 23, 2026. Want to learn more about 1523 W Devon Avenue? Do you have questions about finding other Commercial real estate for sale in Edgewater? You can browse all Edgewater real estate or contact a Coldwell Banker agent to request more information.

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