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.

Based on information submitted to MRED as of June 5, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Name

Your Email Address

Phone

Date

Time

Your Questions & Comments I would like to schedule a viewing for (ID # 11077752)

Name

Your Email Address

Phone

Recipient's Name

Recipient's Email

Your Questions & Comments I found a listing on "The NL Ferrata Team" which you may be interested in:

Listing Tools

Property Details of 6835 West Higgins Avenue

Property Details

Basic Information

Building

Location

Exterior Features

Features

Other Details

Finance

Map Location

Driving Directions

The NL Ferrata Team