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Office Unit with Rear Parking
For Lease
$1,900/Mo

6514 W Higgins Avenue, Chicago, IL 60656

Commercial suite with one office, two bathrooms, and access to alley parking.

Space Size1,600 SF
Days on Market208

Property Features for 6514 W Higgins Avenue

General Information

Standard status Active
Size 1,600 SF
Net Rentable 1,600 SF

Space & Availability

Available Space 1,600 SF
Contiguous Space 1,600 SF
Space Use Office
Available From Immediate
Private Offices 1

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $11,150

Amenities

parking available in rear off alley
easy street parking

Building Details

Year Built 1957
Stories 1
Units 1
Listing Agency: Baird & Warner
Listed By: Nancy Claussen · License #475125548
Source: Cavanaghrealty
Added: Jan 21 Changed: Aug 17 Last Checked: Aug 17 at 2:53AM

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 Baird & Warner

Investment Insights

Based on property information with market context.

This 1,600 SF office unit includes one office and two bathrooms within a commercial space built in 1957. The property can accommodate office, daycare, or retail use as described in the available information, with rear parking accessed from the alley and additional street parking.

The space is located at 6514 W Higgins Avenue in Chicago, IL 60656, with foot and drive-by traffic noted along the surrounding street. The tenant is responsible for gas and electricity, while the landlord pays water and real estate taxes. A business license and certificate of insurance are required.

Key Highlights

  • 1,600 SF available
  • One office and two bathrooms
  • Rear parking accessed from the alley

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Cafe & Coffee Shop Skin Care Clinic Big Box & Wholesale Store Computer & Electronic Repair Catering Service Garden Center

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

Lease Details

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.14 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

592
Businesses Nearby

Demographics for 60656, IL

28,474
Population
12,840
Households
2.2
Avg Household Size
40
Median Age
42%
College-Educated
92%
High-School Grad
3.2 sq mi
ZIP Area
8,898
Density / Sq Mi
$88,000
Median Household Income
$54,639
Median Earnings
$1,388
Median Rent
$344,400
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$29.31 /SF/Yr
Avg Asking Price
$6.8–$133 /SF/Yr
Price Range
13,714 SF
Avg Space Size

This space is priced 51% below the average of $29.31 /SF/Yr.

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Commercial suite with one office, two bathrooms, and access to alley parking.
Where is this office units located?
The property is located at 6514 W Higgins Avenue Chicago, IL.
What is the lease rate?
The lease rate is $1,900/Mo.
What are key features of this property?
This property features: 1,600 SF available; One office and two bathrooms; Rear parking accessed from the alley
More about this property
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