Property Overview

Interra Realty has been exclusively engaged to market 7240 W. Devon Avenue for sale. The subject investment property is a newer construction mixed-use asset in a prime Edison Park location. The property features 10 high-end apartments over three street-level commercial spaces.

The residential units feature high ceilings, quality finishes, in-unit laundry and individual HVAC and hot water heaters. They are serviced by a passenger elevator and share a large community balcony. The commercial tenants are Dunkin' Donuts, the office space for the franchisee, and a residential real estate office. Commercial tenants benefit from strong parking ratio and a leased lot provides abundant parking for residential tenants.

The offering presents investors with the rare opportunity to acquire a high-quality mixed-use asset in the low velocity Edison Park Neighborhood.

Highlights

  • Rarely Available Newer Construction Asset in Edison Park
  • Commercial Anchored by Dunkin’ Donuts and Office for Franchisee
  • High-End Apartments in Low Supply Submarket
  • Strong Parking Ratio with Additional Leased Lot

Key Details

Sale Price
$4,000,000
Numnber of Units
Thirteen (13)
Submarket
Edison Park