Chicago, IL 60656 7124 W Higgins Avenue

Pending
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Presented By: Pontarelli Associates
  • MLS# 12297100
  • 02/24/2025
  • Request Tour
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  • SQFT • 3,200

Home Details

Price Just Reduced!! Wow!! One of a kind 2 story corner mixed use building in highly sought after Big Oaks/Norwood Park location!! Start with fantastic renovated street level office space, which includes impressive front reception area, private suites, common area, plus common bathroom, nice ceiling height, and deluxe executive suite with private bathroom, and smoked glass window. A great space which will be sure to impress clients. Behind and above this space is probably the coolest apartment on the northwest side!! First floor features full eat-in kitchen with updated cabinetry, countertops, and freestanding island with granite tabletop, plus laundry room, a half bath, and adjacent living room with hardwood floors, wood burning stone fireplace, and curved oak staircase, which leads up to second floor, with four bedrooms, common study/rec area, hardwood floors, and two full bathrooms!! A rarity!! Windows on both floors have metal roll-down window shades, which can adjust to allow limited natural light, or complete privacy, lacking any natural light, a nice option. Full unfinished basement below apartment has utility & storage area, and separate small storage in front of it accessed by office space. Detached 2 car brick garage has paved side apron on Neva, plus abundant public parking along east and west side of Neva (2 way street), PLUS paved, dedicated parking behind garage for 3 to 6 vehicles, with alley access!! This property can work both as an armchair investment, or, as the perfect opportunity for an owner/user who wants to operate their business out of a truly deluxe office, and live in the attached apartment!! Wake up, have breakfast, and go to work without leaving home!! Location is dynamite!! Right around the corner from the 4-way I-90 interchange, CTA & Blue Line train terminal, brand new Starbucks, abundant food and hospitality options, major grocers, ethnic deli choices, more!! 20 minutes to Chicago Loop, Wrigley Field, Lake Michigan beaches, boating, Lincoln Park Zoo, all cultural stops, and more!! 10 minutes to Rosemont Entertainment District, restaurants, hotels, and O'Hare International Airport!! Easy access to all north and northwest suburbs!! A top-notch, quality property in a fantastic location!! Take a look!! NOTE:Rental income reflects recent 100pct occupancy. Both spaces are now 100pct available for immediate possession for an owner/user or ready to refill !!
Presented By: Pontarelli Associates

Interior Features for 7124 W Higgins Avenue

Other Interior Features

FlooringCarpet, Wood
Total Fireplaces1

Other Rooms

General for 7124 W Higgins Avenue

Additional Parcels Y/NNo
Cap Rate7.12
CityChicago
Construction MaterialsBrick
CoolingCentral Air
CountyCook
DirectionsNortheast corner of Higgins and Neva, 2 blocks east of the stoplight major intersection of Harlem Avenue and Higgins Avenue
ElectricCircuit Breakers, Separate Meters
Electric Expense4300
Fuel Expense2900
Gross Income72000
Insurance Expense2900
Lot Size Square Feet4200
MLS AreaCHI - Norwood Park
ModificationTimestamp2025-06-23T08:01:49.905Z
Net Operating Income52000
Number Of Units Total2
Operating Expense20000
PossessionClosing
Possible UseCommercial
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
RoofRubber
Standard StatusPending
StatusPending
Stories Count2
Tax Annual Amount7800
Tax Year2023
TownshipJefferson
Trash Expense0
UtilitiesElectricity Available, Natural Gas Available, Sewer Connected
Water Sewer Expense2100
Year Built1944
ZoningCOMMR

Exterior for 7124 W Higgins Avenue

Building Area Total3200
BuyerOfficeFax(773) 631-6129
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street, Public Road
Lot Dimensions25X129X59X125
Water SourceMunicipal Water

Additional Details

Price History

Client Care

Price $719,500
MLS#12297100
List Date 02/24/2025
Property Type Pending
Phone 847.485.2500
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