6835 W Higgins Avenue, Chicago, IL 60656 | MLS 11077752 | Listing Information | J.W. Reedy Realty
FOR SALE
$525,000

6835 W Higgins Avenue
Chicago, IL 60656

Business Opportunities
Commercial
N/A
Acre Lot
Courtesy: Keller Williams Success Realty
J.W. Reedy Realty> Illinois> Chicago> 60656
This fully occupied office building is offered at a very competitive cap rate based upon rents that are well below market. You can buy this building and leave everything exactly as is (the seller currently occupies a significant portion of the build and is willing to keep all of their space, or keep a portion of their space or vacate completely) OR you can bring the rents up to full market and watch your building value explode. If you merely bring the rents up to 90% of market, you'll add over $200k to the value of the building. If that's not enough of a value add opportunity, the current zoning allows residential above ground floor retail/office and the building has flexicore ceilings, so there's the possibility of adding residential units above. The location supports strong demand for retail, office and residential. Higgins has a great traffic count and high visibility and I90, the Blue Line, CTA buses, multiple Metra stops and O'Hare are all just minutes away. Ask your agent for the financial information in the flyer available to download.
11077752
Commercial - Business Opportunities, Other
1958
Cook
Brick
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Keller Williams Success Realty
Listings courtesy of MRED as distributed by MLS GRID

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