Niles, IL 60714 8057 N Milwaukee Avenue

$699,900

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Presented By: xr realty
  • MLS# 12313335
  • 03/22/2025
  • Request Tour
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  • SQFT • 6,000

Home Details

HUGE PRICE REDUCTION!!!!Amazing opportunity! Large Commercial property on busy Niles corner with plenty of parking! The building is 6000 square feet all on one floor. Building is rented has a cosmetology school. building has been well cared for 30 plus years. Newer furnace hot water tank! large parking lot in rear that has 15 spaces. Roof about 15 years old. There is plenty of City parking that wraps around the building that has an additional 15 plus spots. this is a very well maintained building. building is currently leased tenant pays 7536 per month do not disturb tenants. lease expires June 2026 with 3 year option
Presented By: xr realty

General for 8057 N Milwaukee Avenue

Additional Parcels Y/NNo
CityNiles
CoolingCentral Air
CountyCook
Current UseCommercial
DirectionsHarlem north west on Milwaukee to property
ElectricCircuit Breakers
Gross Income90432
Insurance Expense3800
Leasable Area6000
Lot Size Square Feet10564
MLS AreaNiles
Net Operating Income47717
Number Of Units Total1
Operating Expense44983
PossessionTenant's Rights
Property SubtypeOther
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories1
Tax Annual Amount41183
Tax Year2023
Tenant PaysAir Conditioning, Electricity, Heat, Janitorial Service, Insurance, Repairs, Scavenger, Sewer
Year Built1961
ZoningCOMMR

Exterior for 8057 N Milwaukee Avenue

Building Area Total6000
Lot Dimensions10564

Additional Details

Price History

Client Care

Price $699,900
MLS#12313335
List Date 03/22/2025
Property Type Commercial
Phone 847.485.2500
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