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7108 W Higgins Avenue Chicago, IL 60656 Commercial - Retail New

New - 5 Hours Ago
  • 7108 W Higgins Avenue , Chicago, IL 60656 Main Photo

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Description

Perfect armchair investment or owner/user opportunity in prime Norwood Park location! Single story brick commercial building consisting of three 1,000 square foot retail/office spaces, a total of 3,000 square feet on a 50 x 125 ft lot! Tenants include a long-established restaurant, a general office, and a classic prohibition-era tavern that's right out of a movie, with a great, vintage bar, tin ceilings, additional freestanding seating, and 2 bathrooms. Each space has it's own hvac and utilities. Paved parking in back for 5 cars, 10 cars if tandem, with alley access. Extra wide sidewalk in front with lots of foot traffic, plus, take advantage of over 10,000 vehicles per day passing this location, maximum exposure. Fantastic location speaks for itself:One block east of the stoplight intersection of Harlem & Higgins, right around the corner from the I-90 Expressway 4 way interchange, major, soon to be brand new CTA/Blue Line Transportation Hub, and new Starbucks! EZ, quick access to downtown Chicago, Wrigley Field, lakefront, business district, more. Plus, 10 minutes to O'Hare International Airport, Rosemont Entertainment District, restaurants, nightlife! Close to Harlem Irving Plaza, national retailers, all essentials, dining, entertainment, medical, dental, parks, library, etc. An excellent opportunity! Shown by appointment, totally confidential, please don't disturb tenants. Listing broker must accompany showings.

Property Highlights

Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1929

General Information

County: Cook
Listed By:
Pontarelli Associates 773-631-6121
MRED MLS
$629,900
Est. $3,962/mo
New to the Market New
SQUARE FEET3,000 MLS#12580833
STATUSNew PROPERTY TYPECommercial - Retail

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Ruhl&Ruhl Realtors
563.441.1776

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7108 W Higgins Avenue , Chicago, IL 60656.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $629,900$629,900$629,900
Down Payment $125,980$22,047$157,475
Monthly Mortgage Amount $2,901$3,609$3,767
Taxes $877$877$877
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$277$0
Monthly Estimated Total $3,962$4,947$4,828

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