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    6546 Higgins Ave Chicago, IL 60656

    Sponsored
    For Sale
    $375,000

    Chicago Office Building - Prime Location

    Property size:
    2,638 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This single-story, 2,638 square foot Class B office building in Chicago's Union Ridge neighborhood is available for sale. Built in 1954, this 100% occupied property sits on a 0.072-acre lot and features a welcoming lobby, multiple private offices, rear bathrooms, and convenient rear parking access. Located on Higgins Ave, it benefits from high visibility with over 10,000 vehicles passing daily. The B1-1 zoning allows for diverse commercial uses, including retail, office, professional services, medical, legal, insurance, real estate, schools, and adult education centers. This is an ideal opportunity for an owner-user or entrepreneur seeking a high-traffic location. The asking price is $375,000, representing a price per square foot of $142.15. The property's address is 6546 W Higgins Ave, Chicago, IL 60656, and its APN is 13072180290000. This is a rare opportunity, as the property has not been on the market for over 25 years.

    Property Features for 6546 Higgins Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    2,638 SF
    Class
    B
    Lot Size
    3,136 SF

    Building Details

    Year Built
    1954
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • $375,000 asking price for a 2,638 sq ft office building.
    • Located at 6546 W Higgins Ave, Chicago, IL 60656.
    • 100% occupied, Class B building, built in 1954.
    • Features a main lobby, multiple private offices, and rear bathrooms.
    • 0.072‑acre lot with B1‑1 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Metro Security Security Guard Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.792055607692
    Latitude
    41.977667652381

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    FAQs

    What type of property is this?
    Office Property / Space - Chicago Office Building - Prime Location
    Where is this office property / space located?
    The property is located at 6546 Higgins Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: $375,000 asking price for a 2,638 sq ft office building.; Located at 6546 W Higgins Ave, Chicago, IL 60656.; 100% occupied, Class B building, built in 1954.
    Request Owner's contact information
    6546 Higgins Ave Chicago, IL 60656
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    Chicago, IL 60656
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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
    6546 Higgins Ave Chicago, IL 60656
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