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$675,000
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Property 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 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 !!
Full Property Details
Full Property Details for 7124 W Higgins Ave
General
- Sold For: $675,000
- Taxes: $7,800 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12297100
- Added to Site: 326 day(s) ago
Interior
- Interior Features: Common Meeting Room(s), Multi-Tenant, Private Restroom(s), Storage Inside, Basement, Laundry Room
- Fireplace: Yes
- Flooring: Carpet, Wood
Additional Information
- Security/Safety: Smoke or Fire Protectors
Location
- Area: CHI - Norwood Park
- County: Cook
- Driving Directions: Northeast corner of Higgins and Neva, 2 blocks east of the stoplight major intersection of Harlem Avenue and Higgins Avenue
- Location Details: Chicago Northwest, Mixed-Use Area, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat, Forced Air, Gas, Hot Water
Utilities
- Water: Municipal Water
- Onsite: Electricity Available, Natural Gas Available, Sewer Connected
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Rubber
- Sub-Flooring: Carpet, Wood
- Stories/Levels: 2
- Square Feet: 3,200
- Year Built: 1944
- Built Before 1978: Yes
Unit Information
- # Tenants: 2
- Units w/Refrigerators: 1
- Units w/Range/Oven: 1
- # Dryers: 1
Lot Features
- Lot Size (Sq. Ft.): 4,200
- Lot Dimensions: 25 x 129 x 59 x 125
- Frontage: City Street, Public Road
- Potential Use: Commercial
- Zoning: COMMR
Financial Considerations
- Operating Expenses: $20,000
- Security Deposit: Smoke or Fire Protectors
- Assessment Year: 1944
- Tax Amount: $7,800
- Tax Year: 2023
Disclosures and Reports
- Property ID: 13071010330000
Listed and Sold by Pontarelli Associates
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Schools
Schools serving 7124 W Higgins Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Oriole Park Elementary School, Chicago, IL 5424 North Oketo Avenue, Chicago, IL 60656 | PK-8 | 0.4 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 7124 W Higgins Ave
Date
Details
Price
Change
Source
10/30/2025
Sold
$675,000
-6.18%
MLS
5/16/2025
Price Reduced
$719,500
-1.37%
MLS
2/24/2025
Listed
$729,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7124 W Higgins Avenue, Chicago, IL 60656 (MLS# 12297100) is a Commercial property that was sold at $675,000 on October 30, 2025. Want to learn more about 7124 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.

