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B3-1 Zoned Commercial Land
For Sale
Contact for pricing
Pending

5956 W Higgins Ave, Chicago, IL 60630

The property allows new construction or renovation of the existing building.

Property SizeContact for details
Days on Market143

Property Features for 5956 W Higgins Ave

General Information

Standard status Pending
Property subtype Retail, Land
Listing Agency: @properties
Listed By: Lisa Giangrande · License #IL
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 12:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of @properties

Investment Insights

Based on property information with market context.

Located at 5956 W Higgins Avenue in Chicago, this commercial land property carries B3-1 zoning. The site presents two documented paths: constructing a new improvement or renovating the building currently standing on the property. The zoning designation and existing structure provide the core framework for evaluating future commercial redevelopment at this address.

Key Highlights

  • B3‑1 zoning designation
  • Existing building available for renovation
  • New construction is contemplated for the site

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Law Firm Nursing Home Cosmetic Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

941
Businesses Nearby
20k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 67% Dining 33%
Mobil Shops & Services
8,996 visits/mo 0.1 miles
Dunkin' Donuts Dining
6,547 visits/mo 0.3 miles
Exxon Shops & Services
3,560 visits/mo 0.4 miles
Extra Space Storage Shops & Services
825 visits/mo 0.5 miles

Demographics for 60630, IL

54,064
Population
23,393
Households
2.3
Avg Household Size
40
Median Age
44%
College-Educated
91%
High-School Grad
4.7 sq mi
ZIP Area
11,503
Density / Sq Mi
$97,134
Median Household Income
$54,576
Median Earnings
$1,357
Median Rent
$362,900
Median Home Value

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - The property allows new construction or renovation of the existing building.
Where is this commercial land located?
The property is located at 5956 W Higgins Ave Chicago, IL.
What are key features of this property?
This property features: B3‑1 zoning designation; Existing building available for renovation; New construction is contemplated for the site
More about this property
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