Well-maintained multifamily investment opportunity in desirable Niles, located on a quiet cul-de-sac adjacent to a public park. The property features four (4) 1-bedroom/1-bath units and one (1) 3-bedroom/2-bath unit, approximately 8.5 off-street parking spaces, coin laundry, tenant-paid electric, and a new furnace installed in 2024. Long-term ownership with strong rental history and rental upside. Seller is currently renting/operating the property as six (6) units.
Great opportunity for Investor/Owner operator of this 2018-built, 10,000 sq ft bldg with 31 parking spaces! Fantastic stoplight corner of Milwaukee Ave/Harts Rd in booming Niles, IL. * The buildings sit on a 30,000+ sq ft lot with great exposure - 280-ft of frontage along Milwaukee Ave * This is a mixed-use property comprising two PIN #s and three income streams (Joe Donut restaurant, Panel Brick showroom/warehouse and 2BR apartment) * Restaurant is roughly 3,700 sq ft, sits 100 * Storefront is 2,500 sq ft with attached 2,510 2-story warehouse * Residential apartment is 2BR/1BTH roughly 1,000 sq ft * Covered storage space in rear is an additional 1,500 sq ft *** Sellers are open to extending leases, vacating upon sale or a combination thereof *** Property is located in desirable neighborhood with an excellent customer base in the city of Niles. * Please DO NOT DISTURB THE TENANTS *
Freestanding commercial building on highly visible Milwaukee Avenue near the Oakton Street commercial corridor. Approximately 2,800 SF situated on a wide lot with approximately 8 on-site parking spaces. Strong exposure with approximately 27,000 vehicles per day. Ideal for retail, service, medical, or professional office use (subject to zoning). Brick construction with excellent street presence and convenient customer parking. Currently configured as multi-office layout (buildout in 2009) with conference room, kitchen, and restrooms. Flexible interior allows for retail or service reconfiguration. Month-to-month occupancy provides flexible delivery options. Offered at $529,000. Showings by appointment only.
Highly visible freestanding commercial building located on Milwaukee Avenue near the Oakton Street commercial corridor. Approximately 2,800 SF situated on a wide lot with approximately 8 on-site parking spaces. Strong exposure with approximately 27,000 vehicles per day along Milwaukee Avenue. Excellent opportunity for retail, service, showroom, medical, professional office, or destination business use (subject to zoning and municipal approval). Brick construction with strong street presence and convenient customer parking. Currently configured as professional office space with multiple private rooms, conference area, kitchen, and restrooms; flexible layout allows for retail or service-oriented reconfiguration. Month-to-month occupancy provides flexible delivery options. Offered at $529,000. Seller open to discussing various sale structures including potential lease-back options. Showings by appointment only.

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.