62
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$707,000
Est. payment /mo
2,400 SqFt
New
5728 W Higgins AVE Chicago, IL 60630
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $294
MLS Listing ID 12362646
Year Built 1952
Annual Tax Amount $5,500
Tax Year 2023
Lot Dimensions 30X125
Property Sub-Type Mixed Use
Property Description
Exceptional opportunity to acquire a well-maintained, B3-1 zoned, income-producing building in the heart of Jefferson Park, one of Chicago's most desirable and transit-oriented neighborhoods. The property features a fully leased ground-floor commercial storefront (currently a hair salon), three residential apartments -currently registered with City of Chicago and operating as vacation rentals 8+ years on Airbnb, VRBO, Expedia, and Booking, offering investors a flexible income model with strong short- and long-term rental potential. Situated on a quiet, residential street with free street parking all around, the building is well-maintained with a new roof and siding on both the main building and garage (2024). It is ideally located just four blocks from the Jefferson Park Transit Center, a major hub providing 24-hour CTA Blue Line service to Downtown Chicago, O'Hare International Airport, and Rosemont entertainment district as well as access to Metra's Union Pacific Northwest Line and multiple CTA and Pace bus routes (68, 85, 88, 91). Quick access to Interstates 90 and 94 ensures excellent connectivity for commuters and travelers alike. Jefferson Park is known for its safe, walkable environment, family-friendly atmosphere, and strong sense of community. With excellent public schools and a neighborhood mix of single-family homes, bungalows, and low-rise apartments, it appeals to families, professionals, and renters seeking convenience and comfort. This property offers the rare chance to own a turnkey mixed-use asset with diversified income streams, located in a thriving, high-demand neighborhood with outstanding transit and amenity access.
Location
State IL
County Cook
Area Chi - Jefferson Park
Zoning MULTI
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Mixed Use
Level or Stories 2
Structure Type Brick
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Listed by Mark Ahmad • Century 21 Circle