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$799,900

  • For Sale
  • Active
  • Commercial
  • 4,000 Sq. Ft.
See This Home
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High visibility corner location near Harlem Avenue exit of Kennedy EXPY and CTA. Updated building in excellent condition. Set up for retail by last tenant. Rear overhead door along with 3 parking spaces in back. Diagonal street parking along Mont Clare with possibility of reserving spaces from city along street for business.Owner looking to either sell, rent out entirely, or divide up space for rent. Five exterior doors in addition to rear overhead access. Updated electric and mechanicals.

Full Property Details for 7055 W Higgins Ave

General

  • Price: $799,900
  • Taxes: $23,418 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12284575
  • Updated: 12/4/2025
  • Added to Site: 345 day(s) ago

Interior

  • Interior Features: Overhead Door(s)
  • Flooring: Tile

Additional Information

  • Security/Safety: Smoke or Fire Protectors, Sprinklers (Wet)

Location

  • Area: CHI - Norwood Park
  • County: Cook
  • Driving Directions: Harlem 1/2 block South of Kennedy to Higgins Ave East 2 blocks to 7055 at SE corner of Mont Clare and Higgins.
  • Location Details: Central Business District, Corner, Public Transport Avail, Freestanding/Urban

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Central Heat/Individual Controls

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Drive-In Doors: 1
  • Sub-Flooring: Tile
  • Stories/Levels: 1
  • Square Feet: 4,000
  • Year Built: 1958

Lot Features

  • Lot Size (Sq. Ft.): 5,100
  • Lot Dimensions: 125 x 58 x 129 x 23
  • Frontage: City Street, Paved
  • Zoning: COMMR

Financial Considerations

  • Lease Price: $20
  • For Sale/Rent/Lease: For Sale or Rent
  • Security Deposit: Smoke or Fire Protectors, Sprinklers-Wet
  • Assessment Year: 1958
  • Tax Amount: $23,418
  • Tax Year: 2024
  • Tenant Pays: Air Conditioning, Electricity, Heat

Disclosures and Reports

  • Property ID: 13071110010000
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 7055 W Higgins Ave —

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 7055 W Higgins Ave

School District:Chicago Public School District 299
NameGradesDistance
Garvy J Elementary School
5225 North Oak Park Avenue, Chicago, IL 60656
PK-80.5 mi
Taft High School
6530 West Bryn Mawr Avenue, Chicago, IL 60631
9-120.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7055 W Higgins Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/16/2025
Price Reduced
$799,900
-3.63%
MLS
2/06/2025
Listed
$830,000
107.5%
MLS
10/30/2014
Sold
$400,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 7055 W Higgins Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$20,492
3%
$97,121
—
2022
$19,976
2%
$97,121
—
2021
$19,530
9%
$97,121
21%
2020
$17,953
11%
$80,591
—
2019
$16,192
2%
$80,591
—
2018
$15,919
6%
$80,591
15%
2017
$15,080
-18%
$70,053
-24%
2016
$18,455
9%
$92,142
—
2015
$16,885
26%
$92,142
27%
2014
$13,452
2%
$72,500
—
2013
$13,186
1%
$72,500
—
2012
$13,010
—
$72,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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7055 W Higgins Avenue, Chicago, IL 60656 (MLS# 12284575) is a Commercial property. 7055 W Higgins Avenue is currently listed for $799,900 and was received on February 06, 2025. This property is listed by Jack Guest from our McMullen/O'Hare Office.Want to learn more about 7055 W Higgins Avenue? Do you have questions about finding other Commercial real estate for sale in Norwood Park? You can browse all Norwood Park real estate or contact a Coldwell Banker agent to request more information.

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