5728 W Higgins Ave - Storefront Retail/Residential FOR SALE


Chicago, IL 60630- Jefferson Park
$707,000 USD
773-983-1553
5728 W Higgins Ave, Chicago, IL for Sale
$707,000 USD
Storefront Retail/Residential - FOR SALE
1/48
null | Request Cap Rate

5728 W Higgins Ave
Chicago, IL 60630
Jefferson Park


OVERVIEW

Prime mixed-use investment opportunity in Jefferson Park, well-located and maintained, income-generating mixed-use building offers a versatile investment in one of Chicago's most desirable neighborhoods, situated in the heart of Jefferson Park, with many local amenities including parks, grocery stores, transit connectivity, and a variety of restaurants and shops. The property features a fully leased main-level commercial space with good B-31 store front zoning, currently a hair salon along with three residential apartments above. Currently operating as a vacation rental with reservation throughout the year offering continuation of same usage or as normal annual rental building, currently it presents a flexible income model for both short- and long-term tenants. Exceptional Transit Access: The Jefferson Park Transit Center is a major transportation hub, providing connections via the CTA Blue Line (24-hour service), Metra Union Pacific Northwest Line, and multiple CTA and Pace bus routes, including the 68, 85, 88, and 91. The neighborhood recognized for its high walkability level, family-friendly atmosphere, boasting a strong sense of community, excellent schools, with a mix of single-family homes, bungalows, and low-rise apartments, making it ideal for families and professionals alike. Central location to everywhere with approximately 5 miles to and from O'Hare International Airport and with convenient and short access to major roads, and interstates I-90 and I-94, offering excellent connectivity for commuters and travelers. This property

FOR SALE DETAILS

PRICE

$707,000 USD

PRICE/SF

$372 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

50

APN/PARCEL ID

13-08-414-048-0000

ASK ABOUT THIS PROPERTY

Mark AhmadCentury 21 AffiliatedMore Info
773-983-1553

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Mark AhmadCentury 21 AffiliatedMore Info
773-983-1553

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.