2309 W. Devon Ave

Located in the heart of Chicagos vibrant Little India business district along bustling Devon Avenue, this exceptional mixed use investment opportunity combines strong cash flow , a fully renovated property in one of the citys most recognized cultural corridors. This rare 50-foot frontage building features four oversized residential apartments plus an impressive approximately 5,000 sq. ft. state-of-the-art restaurant space at street level. Each residential unit is configure as a spacious 3-bedroom, 1-bath apartment, providing strong and stable rental income in a high-demand neighborhood. The commercial component is home to a beautifully built-out restaurant with extensive infrastructure and equipment included in the sale. The current ownership has invested more than 400,000 in capital improvements over the last two years, including substantial upgrades to plumbing and electrical systems, creatinga turn-key opportunity for an investor. This listing includes the real estate, restaurant fixtures and equipment. The restaurant featues a large open dining area, expansive commercial kitchen, seven wok burners, two deep fryers, walk-in freezer, walk-in cooler, commercial-grade dishwasher and additional professional kitchen equipment designed to support high-volume operations. Positioned in one of Chicagos most heavily trafficked retail and dining destinations, the property benefits from outstanding pedestrian visibility surrounded by well-established restaurants, retailers, grocery stores, and cultural attractions that draw visitors from across the Chicagoland area. With a reported NOI of approximately 128,853, this is a rare opportunity to acquire a stabilized mixed-use asset with significant upside potential in one of Chicagos most iconic commercial districts. Huge advantage is the low property taxes.