1221-27 W. Devon Ave. Chicago, IL 60660

Essex Realty Group, Inc. is exclusively engaged to market for sale 1221-27 W. Devon Ave., located in the highly desirable Edgewater neighborhood of Chicago, Illinois. This eight-unit, newer construction, boutique-style building comprises two- and four-bedroom luxury apartments with fully leased commercial space.

The unique property was delivered to the market in 2017 and was exceptionally well designed and built by a prominent local developer. The unit mix consists of four (4) four-bedroom / three-bath, one (1) two-bedroom / two-bath, and three (3) street-level commercial units near the corner of Devon Ave. and Sheridan Rd. The residential units are 3-story apartment floorplans with gourmet kitchens, modern bathrooms, individual HVAC units, domestic hot water tanks, and in-unit laundry. Additionally, tenants have access to rooftop space and a common elevator.

Building amenities include an elevator, communal rooftop space, and front & rear balconies. Additionally, there are four garage parking spaces at the rear of the property. The residential units have historically maintained 100% occupancy and are leased to primarily Loyola University upper-classman students.

The building is centrally located within the Edgewater and Rogers Park neighborhoods, steps away from Loyola University’s Lakeshore Campus, surrounded by restaurants, retailers, fitness centers, and nightlife, commanding performing rents in this market.

The Red Line Station is located only two blocks from the property, providing tenants with easy access to downtown Chicago.


The subject property is located in Edgewater, a Chicago North-Side neighborhood, and borders Loyola University’s Lake Shore Campus. This lakefront neighborhood of Edgewater is located only seven miles north of the Loop and is home to several beaches, waterfront parks, and the vibrant Bryn Mawr Historic District.

1221-27 W. Devon Ave. is conveniently located near Loyola University’s Lake Shore Campus. Additionally, the subject property is steps from many retailers and restaurants along Devon Ave. and Sheridan Rd. Residents are within walking distance to Starbucks, Anytime Fitness, Nori Sushi, & Target.

Loyola University’s Lake Shore Campus is located in the heart of Edgewater/Rogers Park and is home to over 16,000 students and 1,000 faculty members. Recently crowned the largest Jesuit university in the United States, Loyola University is consistently named a ‘best value’ school by U.S. News & World Report. Eighteen of Loyola University’s nineteen residence hall buildings are located in the Edgewater and Rogers Park neighborhoods, prompting established retailers and eateries to open convenient locations along the campus’ perimeter.

  • Trophy Asset in Desirable Edgewater Location
  • Steps Away from Loyola University’s Lakeshore Campus
  • Luxury Multi-Level Floorplans with Intelligently Designed Interiors
  • Garage Parking – Four Spaces
  • Upper Classman Housing with 100% Historical Occupancy
Steven Livaditis
Jacob Goldstein