Niles, IL 60714 7400 N Milwaukee Avenue

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Presented By: Arc Red Inc Arc Realty Group
  • MLS# 12302014
  • 03/09/2025
  • Request Tour
  • Request Info
  • SQFT • 3,200

Home Details

Overview Presenting 7400 N Milwaukee Ave - a newly remodeled, versatile flex space ideally situated on a high-traffic corner across from Niles Medical Center. Built originally in 1965 and completely upgraded in 2025, this retail/office/industrial property offers modern enhancements combined with exceptional visibility and accessibility. With a total of 3,200 square feet, this single-tenant space is perfect for businesses seeking a contemporary, flexible environment in a thriving community. Property Highlights Prime Location: Positioned on the corner of Milwaukee Ave and Jarvis Ave, this building benefits from a high vehicle count and excellent exposure. The close proximity to Niles Medical Center further enhances its appeal to a diverse clientele. Modern Renovations: Recently remodeled with significant upgrades including: Brand new furnace for improved efficiency Two newly installed bathrooms Upgraded electrical systems to meet modern business demands Fresh brick work and new windows enhancing both aesthetics and energy efficiency Flexibility and Potential: Zoned under code 593, this property offers versatile usage possibilities for retail, office, or light industrial purposes. The open layout provides an excellent canvas for customization, making it an attractive option for businesses looking to tailor their space. Additional Features: 12-foot ceilings creating a spacious and open feel 8 dedicated parking spaces Modified gross lease term available for 2-4 years Demographics & Market Opportunity The surrounding area is dynamic, with a growing population and robust economic indicators. The local market shows steady growth in household income and employment opportunities, making this location an ideal choice for businesses looking to thrive in a well-established community. Ideal For This property is perfectly suited for businesses that value: High visibility in a bustling urban environment Modern, upgraded facilities in a prime location Flexibility to adapt the space to a variety of commercial uses Whether you're looking to establish a retail outlet, an office hub, or a mixed-use facility, 7400 N Milwaukee Ave offers a compelling opportunity in one of Niles' most promising commercial corridors.
Presented By: Arc Red Inc Arc Realty Group

Interior Features for 7400 N Milwaukee Avenue

Other Interior Features

FlooringConcrete

General for 7400 N Milwaukee Avenue

Additional Parcels Y/NYes
CityNiles
Construction MaterialsBrick, Block, Stone
ContingencyAttorney/Inspection
CoolingCentral Air
CountyCook
Current UseCommercial
DirectionsMilwaukee Ave to NW corner with Jarvis Ave.
ElectricCircuit Breakers, Service - 201 to 600 Amps
Leasable Area3200
Lease TypeModified Gross
Lot Size Square Feet6246
MLS AreaNiles
Net Operating Income0
Number Of Units Total1
Property SubtypeOther
Property TypeCommercial Sale
Property TypeRetail/Stores
RoofMembrane
Standard StatusActive Under Contract
StatusContingent
Stories1
Tax Annual Amount4750
Tax Year2022
Tenant PaysInsurance
Year Built1965
ZoningCOMMR

Exterior for 7400 N Milwaukee Avenue

Building Area Total3200
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions50X125

Additional Details

Price History

Client Care

Price $499,000
MLS#12302014
List Date 03/09/2025
Property Type Contingent
Phone 847.485.2500
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