Courtesy: Wesley Realty Group
847-328-5444
Fantastic opportunity to own a well-maintained 9-unit building in a prime Niles location! Situated near major shopping corridors, public transportation, parks, restaurants, and essential amenities, this property offers both convenience and strong tenant appeal. The building is occupied by long-term tenants and provides outstanding upside potential, with current rents well below market. Extensive building improvements deliver peace of mind for investors. Roof and gutters were replaced in 2020, new copper plumbing lines were installed in 2020, and windows were updated in 2019. Electrical upgrades include building-wide panel work and an individual breaker box for Unit 2W completed in 2018. A newer water heater further enhances the mechanical reliability. Interior features include hardwood floors throughout all units and individual storage lockers for each apartment. The shared laundry room offers coin-operated machines, with the washer recently replaced. Unit 1C underwent a complete renovation in 2021 and presents beautifully. Heating is provided by baseboard heat in all units, while Unit 2W features a split AC/heat system installed in 2019, with the tenant paying for heat. Eight on-site parking spaces offer additional convenience and rental appeal. With its excellent location, solid building improvements, long-term tenant base, and clear value-add potential, this property represents a dependable and compelling investment in a high-demand rental market.
Courtesy: Coldwell Banker Realty
312-981-5500
Exceptional commercial property on highly visible Milwaukee Ave with traffic counts of 23,800 cars/day, offering approximately 2,500 sq. ft. of office/showroom space in the front and warehouse in the back with rear overhead drive-in door, full basement, and private rear parking. Recent upgrades include independently motorized window and door shutters, a 2,000-lb capacity cargo elevator, heated and cooled garage, and new epoxy flooring on both the basement and ground level, making this a move-in-ready opportunity ideal for business owners or investors seeking visibility, functionality, and long-term value.
Courtesy: xr realty
773-234-8155
HUGE PRICE REDUCTION!!!!Amazing opportunity! Large Commercial property on busy Niles corner with plenty of parking! The building is 6000 square feet all on one floor. Building is rented has a cosmetology school. building has been well cared for 30 plus years. Newer furnace hot water tank! large parking lot in rear that has 15 spaces. Roof about 15 years old. There is plenty of City parking that wraps around the building that has an additional 15 plus spots. this is a very well maintained building. building is currently leased tenant pays 7536 per month do not disturb tenants. lease expires June 2026 with 3 year option
Courtesy: Baird & Warner
773-775-1855
STRIP IN MAJOR INTERSECTION AT THE HEART OF NILES. CURRENT TENANTS INCLUDE VILLAGE CREAMERY, PHOENIX FLAME, N&M MINI MART. AMPLE OF PARKING. CALL LA FOR MORE INFORMATION.
Niles is located in Illinois. Niles, Illinois has a population of 30,971. Niles is more family-centric than the surrounding county with 36.34% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Niles, Illinois is $69,081. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Niles is 46.8 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 16.9 degrees. The average rainfall is approximately 36.1 inches per year, with 36 inches of snow per year.
