$875,000
$886,900
1.3%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
6 Baths
6,969 Sqft Lot
SOLD DATE : 06/02/2025
Key Details
Sold Price $875,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12336002
Sold Date 06/02/25
Style Traditional
Bedrooms 8
Year Built 1964
Annual Tax Amount $15,792
Tax Year 2023
Lot Size 6,969 Sqft
Lot Dimensions 37X5X125X90X146
Property Sub-Type Two to Four Units
Property Description
Don't miss this exceptional huge legal 3 unit all brick building located in the desirable city of Niles that has been meticulously maintained. This is a prime opportunity for both investors or owner-occupants. With stable tenants in place and great income, this property offers immediate cash flow. Unit 1, fully updated in 2023, features 2 bedrooms and 2 full bathrooms, a kitchen with light wood-finish cabinets, and stainless steel appliances. Unit 2, updated in 2019, offers 3 bedrooms and 1.5 bathrooms, stunning brazilian cherry hardwood floors throughout, recessed ceiling lights, and elegant crown molding. The bathrooms and kitchen on second and third floor have heated floors. The kitchen features cherry-finish cabinets, a sleek black granite countertop with seating for two, heated tile flooring and stainless steel appliances. Unit 3, also updated in 2019, includes 3 bedrooms and 1.5 bathrooms, provides an open floor plan, and a built-in entertainment center. The kitchen boasts a large eating area, stainless steel appliances, granite countertops with an additional breakfast bar, and heated tile flooring. The versatile outdoor space this property offers includes a fenced in yard, a spacious patio, well maintained grassy area and a storage shed. Additional features include a 3-car detached garage and ample heated driveway & parking. Enjoy local shopping such the popular Jerry's Fruit Market, hidden gem like King Spa & less then 10 min commute to I94/I90 expressway. Whether you're looking to expand your investment portfolio or secure a multi-unit property in a growing and desirable area, this building is a must-see. Don't miss out on this rare opportunity in Niles, this is one of the nicest and updated buildings you will see in Niles. Client is requiring proof of funds or a preapproval for any showings.
Location
State IL
County Cook
Area Niles
Zoning MULTI
Rooms
Basement Finished, Full
Interior
Heating Natural Gas, Forced Air, Baseboard, Radiator(s), Sep Heating Systems - 2+, Indv Controls
Equipment CO Detectors
Fireplace N
Exterior
Garage Spaces 3.0
Community Features Park, Pool, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved
Roof Type Asphalt
Building
Lot Description Irregular Lot
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
Elementary Schools Nelson Elementary School
Middle Schools Gemini Junior High School
High Schools Maine East High School
School District 63 , 63, 207
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Peter Drossos • Peter Drossos Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "