6554 - 6558 W Higgins Ave
Chicago, IL 60656
$595,000
Sale Price
Property Details
| Sale Price: | $595,000 |
| Property Type: | Office |
| Building Class: | C |
| Building Size: | 3,450 SF |
| NOI: | $52,770.60 |
| Cap Rate: | 8.87% |
Property Description
Discover a prime investment opportunity in the Northwest Chicago area. This meticulously maintained 3,450 SF building, zoned B1-1, offers exceptional potential for Retail and Office Building investors. With a coveted 100% occupancy rate, this property presents a lucrative and stable income stream. The strategic location provides easy access to major highways, public transportation, and a wealth of dining and retail options, making it an enticing prospect for potential tenants and employees. Don't miss out on the chance to secure a thriving asset in the heart of the Northwest Chicago market.
Location Description
Experience the prime Northwest Chicago market at its best. The area surrounding the location offers a bustling hub of commercial activity, with a myriad of nearby points of interest. Situated in close proximity to O'Hare International Airport, this location is perfect for any discerning Retail or Office Building investor looking for strategic positioning. With easy access to major highways, public transportation, and a wealth of dining and retail options, the area provides an exceptional environment for potential tenants and employees. The property's prime location offers an unparalleled opportunity for investment in the thriving Northwest Chicago market.
Highlights
- - 3,450 SF building in prime Northwest Chicago area
- - Zoned B1-1 for versatile use and development potential
- - 100% occupancy for stable and lucrative income
- - Exceptional accessibility to major highways and public transportation
- - Proximity to O'Hare International Airport for added convenience
- - Meticulously maintained property for low maintenance costs
- - Surrounded by a diverse range of dining and retail options
- - Ideal environment for potential tenants and employees
- - Strong investment opportunity in a thriving market
Map
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| 1 Miles | 5 Miles | 10 Miles | |
|---|---|---|---|
| Total households | 12,013 | 279,284 | 1,032,472 |
| Total population | 29,753 | 721,515 | 2,415,828 |
| Persons per household | 2.5 | 2.6 | 2.3 |
| Average household income | $94,400 | $89,163 | $100,278 |
| Per capita income | $38,114 | $34,513 | $42,856 |
| Average house value | $327,295 | $317,090 | $354,486 |
| Average age | 41.1 | 39.7 | 37.8 |
| Average age male | 38.6 | 38.8 | 37 |
| Average age female | 42.7 | 40.7 | 38.7 |
| Population hispanic | 19.4% | 33.8% | 26.9% |
| Population non-hispanic | 23,976 | 477,887 | 1,765,225 |
| Population white | 82.1% | 67.3% | 61.5% |
| Population black | 0.8% | 4.5% | 13.9% |
| Population american indian | 0.1% | 0.4% | 0.3% |
| Population asian | 6.0% | 9.6% | 8.4% |
| Population pacific islander | 0.0% | 0.1% | 0.1% |
| Population other | 6.1% | 12.0% | 10.1% |