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$770,000
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Property Description
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
Full Property Details for 7055 W Higgins Ave
General
- Sold For: $770,000
- Taxes: $23,418 (2024)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12284575
- Added to Site: 389 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
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Schools
Schools serving 7055 W Higgins Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Garvy J Elementary School 5225 North Oak Park Avenue, Chicago, IL 60656 | PK-8 | 0.5 mi |
Taft High School 6530 West Bryn Mawr Avenue, Chicago, IL 60631 | 9-12 | 0.7 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
Date
Details
Price
Change
Source
1/16/2026
Sold
$770,000
-3.74%
MLS
7/16/2025
Price Reduced
$799,900
-3.63%
MLS
2/06/2025
Listed
$830,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7055 W Higgins Avenue, Chicago, IL 60656 (MLS# 12284575) is a Commercial property that was sold at $770,000 on January 16, 2026. This property was 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.


