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    8153-8199 W Higgins Rd Chicago, IL 60631

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    For Lease
    Contact for pricing

    3-acre site near I-90 with entitlements for 500,000 SF.

    Property size:
    500,000 SF
    Lot size:
    1.60 Acres

    Property Features for 8153-8199 W Higgins Rd

    General Information

    Size
    500,000 SF
    Lot size
    1.60 Acres

    Source: Friedman Properties Agent Brian Chernett

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Land Near O'Hare Airport

    This is an approximately 3-acre site with entitlements in place for up to 500,000 square feet of buildable space. The property is immediately adjacent to I-90, also known as the Kennedy Expressway, and is located 2.6 miles from O’Hare International Airport. It features over 1,100 feet of total frontage, including 558 feet along the Kennedy Expressway and 550 feet along Higgins Road. The property has a clean and lien-free title and offers high visibility.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.8316884
    Latitude
    41.9853301

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    FAQs

    What type of property is this?
    Commercial land - 3-acre site near I-90 with entitlements for 500,000 SF.
    Where is this commercial land located?
    The property is located at 8153-8199 W Higgins Rd Chicago, IL.
    What are key features of this property?
    This property features: - Immediately adjacent to I-90 / Kennedy Expressway; - Entitlements in place for up to 500,000 sf buildable; - Approximately 3 acre site
    (312) 644-1100
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    8153-8199 W Higgins Rd Chicago, IL 60631
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8153-8199 W Higgins Rd Chicago, IL 60631
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