7124 W Higgins Ave

Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Price Just Reduced! Wow! One of a kind 2 story corner mixed use building in highly sought after Big Oaks/Norwood Park location! Start with fantastic renovated street level office space, which includes impressive front reception area, private suites, common area, plus common bathroom, nice ceiling height, and deluxe executive suite with private bathroom, and smoked glass window. A great space which will be sure to impress clients. Behind and above this space is probably the coolest apartment on the...Price Just Reduced! Wow! One of a kind 2 story corner mixed use building in highly sought after Big Oaks/Norwood Park location! Start with fantastic renovated street level office space, which includes impressive front reception area, private suites, common area, plus common bathroom, nice ceiling height, and deluxe executive suite with private bathroom, and smoked glass window. A great space which will be sure to impress clients. Behind and above this space is probably the coolest apartment on the northwest side! First floor features full eat-in kitchen with updated cabinetry, countertops, and freestanding island with granite tabletop, plus laundry room, a half bath, and adjacent living room with hardwood floors, wood burning stone fireplace, and curved oak staircase, which leads up to second floor, with four bedrooms, common study/rec area, hardwood floors, and two full bathrooms! A rarity! Windows on both floors have metal roll-down window shades, which can adjust to allow limited natural light, or complete privacy, lacking any natural light, a nice option. Full unfinished basement below apartment has utility & storage area, and separate small storage in front of it accessed by office space. Detached 2 car brick garage has paved side apron on Neva, plus abundant public parking along east and west side of Neva (2 way street), PLUS paved, dedicated parking behind garage for 3 to 6 vehicles, with alley access! This property can work both as an armchair investment, or, as the perfect opportunity for an owner/user who wants to operate their business out of a truly deluxe office, and live in the attached apartment! Wake up, have breakfast, and go to work without leaving home! Location is dynamite! Right around the corner from the 4-way I-90 interchange, CTA & Blue Line train terminal, brand new Starbucks, abundant food and hospitality options, major grocers, ethnic deli choices, more! 20 minutes to Chicago Loop, Wrigley Field, Lake Michigan beaches, boating, Lincoln Park Zoo, all cultural stops, and more! 10 minutes to Rosemont Entertainment District, restaurants, hotels, and O'Hare International Airport! Easy access to all north and northwest suburbs! A top-notch, quality property in a fantastic location! Take a look! NOTE:Rental income reflects recent 100pct occupancy. Both spaces are now 100pct available for immediate possession for an owner/user or ready to refill !
  1. Listed by John Pontarelli • Pontarelli Associates
    P: (773)-297-8282 C: (773)-297-8282 jjp@pontarelliassociates.com

Sold By Pontarelli Associates

Property Details for 7124 West Higgins Avenue

Area
CHI - Norwood Park
Township
Jefferson
Air Conditioning Type
Central Air
Num of Interior Fireplaces
1
Zoning
COMMR
LISTING UPDATED: 10/31/2025 07:33 PM

Property Details for 7124 West Higgins Avenue

StatusClosed
MLS #12297100
Days on Market95
Taxes$7,800 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMixed Use
MLS TypeCommercial Sale
Year Built1944
Lot Size0.10 AC / 4,200 SF
CountyCook County
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Building Information for 7124 West Higgins Avenue

Stories2Residences2Year Built1944Lot Size0.10 AC / 4,200 SF

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$4,014 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,364

Property Taxes

$650

HOA Dues

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Property Information for 7124 West Higgins Avenue

General Information
Addtl Parking Information
  • Indoor Parking: 1-5 Spaces,Detached
  • Outdoor Parking: 1-5 Spaces
Location and General Information
  • Frontage Type: City Street, Public Road
  • Geographic Locale: Chicago Northwest
  • Information: List Broker Must Accompany,Short Notice OK
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers, Separate Meters
  • Flooring: Carpet, Wood
  • # Of Washers: 1
  • Heat/Ventilation: Central Bldg Heat,Forced Air,Gas,Hot Water
  • # Of Refrigerators: 1
  • Misc Inside: Common Meeting Room/s,Multi-Tenant,Private Restroom/s,Storage Inside,Basement,Laundry Room
  • # Of Dryers: 1
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
  • Misc Outside: Enclosed Stairs,Patio,Storms and Screens (as exist)
Utilities / Equipment
  • Water: Municipal Water
  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected
Property/Lot Information
  • Owners Association: No
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 25X129X59X125
  • Lot Size Square Feet: 4200.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Rubber
  • Fire Protection: Smoke or Fire Protectors
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 3200
  • # Of Offices: 1
  • Office SqFt: 1600
  • Other SqFt: 1600
  • # Of Ranges: 1
  • # Of Stores: 0
  • Property Sub Type: Mixed Use
Property and Assessments
  • Possible Use: Commercial
  • Buyer Financing: Conventional
  • Public Document Count: 3
  • Document Date: 2025-02-27T22:53:10
  • Photos Count: 33
Miscellaneous
  • Location: Mixed Use Area,High Traffic Area
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Electric Expense: $4,300.00
  • Fuel Expense: $2,900.00
  • Gross Income: $72,000.00
  • Gross Scheduled Income: $72,000.00
  • Insurance Expense: $2,900.00
  • Electric Expense Source: Actual
  • Known Encumbrances: None Known
  • Expense Year: 2024
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Trash Expense Source: Broker Projection
  • Total Monthly Income: 6000
  • Water Expense Source: Actual
  • Net Operating Income: $52,000.00
  • Operating Expense: $20,000.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $2,100.00

Property History for 7124 West Higgins Avenue

DateEvent & SourcePriceAppreciation
Oct 30, 2025

Sold (Public Record)

Public Record #1920108564

$675,000

+10.0% / yr

Oct 30, 2025

Sold

MRED #12297100

$675,000
Jun 21, 2025

Price Change

MRED #12297100

$719,500
DateEvent & SourcePrice
10/30/2025

Sold (Public Record)

Public Record #1920108564

$675,000

+10.0% / yr

10/30/2025

Sold

MRED #12297100

$675,000
06/21/2025

Price Change

MRED #12297100

$719,500

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 7124 West Higgins Avenue

Taxable ValueLand$10,513Additions$41,488Total$52,001
Tax Record2023$7,807 ($651 / month)
Home Facts
Baths2.5Total Finished SqFt4,014 SqFtAbove Grade Finished SqFt4,014 SqFtStories2Lot Size4,205 SqFtStyleMulti-Family Res (5+ Units)Year Built1944CountyCOOKAPN13-07-101-033

Schools near 7124 West Higgins Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 7 to 12
Public - PK to 3
Public - 9 to 12
Rating
School
Distance
Oriole Park Elementary School
PublicPK to 8

Taft High School
Public7 to 12

Beard Elementary School
PublicPK to 3

Rickover Naval Academy High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Pontarelli Associates

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 10/31/2025 07:33 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.