Niles IL Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1968
Baths:
2.00
MLS#:
12194574

ADDITIONAL INFORMATION

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".

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
7
Year built:
1959
Baths:
5.00
MLS#:
12181344

ADDITIONAL INFORMATION

BRICK 3 UNIT BUILDING WITH 3 BEDROOMS AND 1.5 BATHS ON BOTH MAIN FLOORS. GARDEN UNIT WITH 1 BEDROOM AND 1 BATH PLUS LARGE COMMON AREA (LAUNDRY/STORAGE). 3 FURNACES, 3 WATER HEATERS AND 2 CENTRAL A/C SYSTEMS. UNITS ARE VERY DATED BUT LIVABLE. CONCRETE SIDE DRIVE TO 2.5 CAR GARAGE AND PRIVATE BACK YARD. GREAT LOCATION WITH SINGLE FAMILY HOMES ACROSS THE STREET AND WALKING DISTANCE TO MUCH SHOPPING/PARKS/PLAYGROUNDS AND NILES FREE BUS SERVICE. LONG TIME OWNERS SELLING AS IS.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
7
Year built:
1960
Baths:
3.00
MLS#:
12168682

ADDITIONAL INFORMATION

Welcome to 8722 N Elmore, a fantastic investment opportunity in the desirable neighborhood of Niles! This well-maintained 3-flat building offers multiple units, each with its own unique charm and excellent rental potential. The main floor and upstairs units feature spacious layouts, with both offering 3 bedrooms and 1 bath. These units are perfect for families or individuals seeking ample space and comfort. The garden unit is a cozy 1-bedroom, 1-bathroom space, ideal for a single tenant or a couple. With its own separate entrance, this unit offers privacy and tranquility. A standout feature of this property is the two and a half car garage, providing secure parking and additional storage space. Additionally, there are outdoor parking spaces available for residents and guests. The two main units are currently leased month to month with below market rents, but could be increased with renewed long term leases. All units have their own HVAC, water heaters and are separately metered for all utilites. Located in Niles, this property benefits from a convenient location with easy access to transportation, dining, shopping, and entertainment options. Take advantage of the nearby parks, recreational facilities, and community amenities that make Niles a desirable place to live. Whether you're an investor looking for a profitable venture or a homeowner interested in owning a multi-unit property, 8722 N Elmore provides an excellent opportunity. Don't miss out on the chance to add this promising property to your portfolio.

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Niles Real Estate

The median home value in Niles, IL is $369,750. 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 $369,750. 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.

Niles Weather

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.

Niles Real Estate Market Conditions

  • Median sales price

    $369,750
    9.6% change since last quarter
  • # Active listings

    72
    30-day change

Niles Schools and Demographics

Education near Niles, IL

Metric City County
High School Graduates 88.8 87.97
College Degree - 2 year 7.13 6.73
College Degree - 4 year 37.59 40.75
Graduate Degree 8.63 12.01
Expenditures per Student 21,907 21,907
Students per Teacher 14 14

Elementary Schools near Niles, IL

School Grades Students P/T Ratio ZIP
Clarence E Culver School PK - 08 520 10.9 60714
Ebinger Elementary School KG - 08 709 20 60631
Edison Park Elementary School PK - 08 492 18.9 60631
Eugene Field Elementary School KG - 05 651 13.7 60068
Fairview South Elementary School PK - 08 668 12.2 60077
Franklin Elementary School KG - 05 462 13.1 60068
George B Carpenter Elementary School KG - 05 445 13.6 60068
George Washington Elementary School KG - 05 613 13.9 60068
Hynes Elementary School PK - 04 337 15.6 60053
Jane Stenson School KG - 05 405 13.8 60077
Jefferson School PK - KG 145 16.5 60714
Madison Elementary School PK - 02 621 14.8 60077
Mark Twain Elementary School KG - 06 384 14.5 60714
Melzer School PK - 06 462 14.2 60053
Norwood Park Elementary School PK - 08 380 17.2 60631
Onahan Elementary School PK - 08 644 19.8 60631
Park View Elementary School PK - 08 867 15.7 60053
Stock Early Childhood Center PK - PK 229 11.5 60631
Theodore Roosevelt Elementary School KG - 05 660 13.5 60068
Thomas Edison Elementary School 03 - 05 588 14.3 60053
V H Nelson Elementary School KG - 06 605 14.8 60714

Middle Schools near Niles, IL

School Grades Students P/T Ratio ZIP
Emerson Middle School 06 - 08 836 12.4 60714
Gemini Junior High School 07 - 08 770 14.1 60714
Golf Middle School 05 - 08 262 13.8 60053
Lincoln Junior High School 06 - 08 574 14.6 60077
Lincoln Middle School 06 - 08 717 12.3 60068
Ombudsman Chicago South HS 09 - 12 0 60631

High Schools near Niles, IL

School Grades Students P/T Ratio ZIP
Maine East High School 09 - 12 1,836 14.3 60068
Maine South High School 09 - 12 2,338 16.4 60068
Niles Central 09 - 12 26 3.4 60077
Niles North High School 09 - 12 2,127 13.4 60077
Niles West High School 09 - 12 2,516 14.5 60077
Ombudsman Chicago HS 09 - 12 657 14.8 60631
Taft High School 07 - 12 3,185 17.5 60631

Ungraded Schools near Niles, IL

School Grades Students P/T Ratio ZIP
* Alternative Resource Center Arc 09 - 12 25 6.3 60068
Julia S Molloy Education Center PK - 12 124 3 60053

Demographics near Niles, IL

Metric City County
Neighborhood Type Suburban
Population 30,971 5,265,398
Population Density 5,298 5,572
Median Age 46.8 37.3
People per Household 2.6 2.5
Median Household Income 69,081 72,121
Average Income per Capita 35,908 41,706