Chicago IL Real Estate & Commercial for Sale

Enormous Commercial Space and Excellent Location! Family owned and Operated on heavily traveled Harlem Ave, in the Heart of a Large Business and Shopping District. Building provides 3 Levels of office, work, or your new ideas. Building provides customer/employee parking in the rear. 2 Newly installed 2023 Carrier AC units w/10 year warranty, front north office just remodeled **Minutes to O'Hare airport, Blocks from the Blue Line train station, CTA bus stops right on the block, and multiple Metra Stops. Bordering Neighborhoods are Harwood Heights, Oriole Park, Old Norwood Park, Norwood Park, Jefferson Park, and Big Oaks. This purchase is a No Brainer Investment, So Many Angles and Possibilities! Come By, Easy to show, Take a tour and see for yourself.

This fully occupied office building is offered at a very competitive cap rate based upon rents that are well below market. You can buy this building and leave everything exactly as is (the seller currently occupies a significant portion of the build and is willing to keep all of their space, or keep a portion of their space or vacate completely) OR you can bring the rents up to full market and watch your building value explode. If you merely bring the rents up to 90% of market, you'll add over $200k to the value of the building. If that's not enough of a value add opportunity, the current zoning allows residential above ground floor retail/office and the building has flexicore ceilings, so there's the possibility of adding residential units above. The location supports strong demand for retail, office and residential. Higgins has a great traffic count and high visibility and I90, the Blue Line, CTA buses, multiple Metra stops and O'Hare are all just minutes away. Ask your agent for the financial information in the flyer available to download.