Discover this exceptional, meticulously maintained, Legal 3 unit all brick building located in the desirable city of Niles, offering a prime opportunity for both investors and 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 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, ample driveway parking, and a heated driveway for year-round convenience. 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
Exceptional Investment Opportunity Discover this fantastic investment property featuring two spacious 3-bedroom, 2-bathroom units and a 1-bedroom, 1-bathroom in-law suite. This well-maintained property offers the following highlights: Eat-In Kitchens in the main units Separate HVAC Systems for each unit Attached 2-Car Garage Fenced Backyard for privacy and enjoyment Coin-Operated Laundry (owned, providing additional income) New Roof for peace of mind Located in a prime area close to shopping, dining, and public transportation. Strong rental history with great tenants already in place. This property is perfect for investors looking for a solid return or owner-occupants seeking rental income. Don't miss this incredible opportunity! Contact us today for more details or to schedule a showing. Tenants require 24 h notice to show. MULTIPLE OFFERS RECEIVED. H&B DUE 12/01/2024 @ 10:00 AM
This recently renovated 6-bedroom, 3-bathroom 2-unit building offers the perfect combination of comfort, functionality, and charm. Situated in a quiet residential neighborhood, it's ideal for multi-generational living or generating rental income while enjoying the comfort of homeownership. The second-floor unit features a bright living room, a formal dining room, a family room, and a kitchen with two spacious bedrooms. The first-floor duplex unit offers four bedrooms, two full bathrooms, a living room, a dining room, a family room, and a kitchen. Both units feature hardwood floors throughout, carpeted bedrooms, and additional flexible spaces to suit your needs. The outdoor space is an entertainer's dream, with a large wood deck leading to a beautifully designed brick paver patio on an oversized lot. The property includes an attached 2-car garage and driveway space for up to 4 additional vehicles, providing ample parking. The full basement offers endless possibilities, with plenty of storage, a half bathroom, and a laundry area. Each unit has separate gas and electric meters, making it ideal for independent living arrangements or rental income. Conveniently located near schools, parks, shopping centers, Oak Mill Mall, and public transportation (including the free Niles bus), this home offers both tranquility and accessibility. Schedule your showing today and make this versatile home yours!
Beautiful 2 flat in a great location. Close to shopping, parks, and entertainment. Fully updated basement boasting 2 bedrooms& a bath. 2 Units above have 2 bedrooms and 1 bathroom. Common laundry room. The 1st floor unit includes the basement garden. The property also features a coin laundry which also brings a nice change each month and the property features hardwood floors throughout. The house is now available for investment or to occupy one unit. The second unit is being rented. Sold "as is".
The median home value in Niles, IL is $372,000. This is higher than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Niles, IL is $372,000. Approximately 72.57% of Niles homes are owned, compared to 22.54% rented, while 4.89% are vacant. Niles real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Niles real estate agent to arrange a tour today!
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.