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Versatile Commercial Space Available
For Lease
$15 SF/Yr

6514 W Higgins Avenue, Chicago, IL 60656

1600 SF commercial space suitable for office, daycare, or retail.

Space SizeContact for details
Days on Market213

Property Features for 6514 W Higgins Avenue

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $11,150

Amenities

Central air
Central Air Cooling

Building Details

Year Built 1957
Listing Agency: BAIRD & WARNER
Listed By: NANCY CLAUSSEN · License #475125548
Source: Corcoran
Added: Jan 21 Changed: Aug 20 Last Checked: Aug 21 at 8:53AM

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 1600 square foot commercial space is available for rent and suitable for an office, daycare, or retail business. The space includes one office and two bathrooms. Parking is available in the rear off the alley, with additional street parking available. The location benefits from high foot and drive-by traffic. The tenant is responsible for gas and electricity, while the landlord covers water and real estate taxes. A business license and certificate of insurance are required.

Key Highlights

  • 1600 SF of available space suitable for office, daycare, or retail.
  • High foot and drive‑by traffic location.
  • Convenient parking options with rear alley and easy street parking.

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

NNN (Triple Net)
Lease Type
$2.25 /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 49% 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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - 1600 SF commercial space suitable for office, daycare, or retail.
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 $15 SF/Yr.
What are key features of this property?
This property features: 1600 SF of available space suitable for office, daycare, or retail.; High foot and drive‑by traffic location.; Convenient parking options with rear alley and easy street parking.
More about this property
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