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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

742 Higgins Rd Chicago, IL 60631

10,000 SF Built 2000
Property ID
Property summary
AI-generated overview

This exceptional 10,000 square foot Class A retail/restaurant/office building, constructed in 2000, is situated in Cook County, Illinois, at 742 W Higgins Rd, Chicago, zip code 60631. The property boasts a highly desirable location directly off the I-90 Kennedy Expressway, benefiting from exceptional visibility and accessibility. With 110,000 vehicles passing daily on Higgins Road and an additional 200,000+ on the Kennedy Expressway, this location offers unparalleled exposure. The building features multiple tenancies, with one 1,500 square foot space currently available. This space, Suite 1, is ideally suited for a restaurant, featuring a fully built-out interior and a heated/cooled 1200 square foot patio accessible via multiple glass garage-style doors. Another available space, Suite 4, is an inline unit with front and rear window exposure, offering versatile retail options and excellent signage opportunities. Ample parking is available in shared side and rear lots. Both spaces benefit from high ceilings and abundant natural light. This property presents a rare opportunity to secure a prime retail space in a high-traffic area with exceptional visibility and convenient access. The building's Class A status and modern construction ensure a high-quality environment for tenants and customers.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2000
Total area 10,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Rocket Testing: Rapid Covid Drive-Thru Park Ridge Medical Laboratory
  • ATM Atm
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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