Seller Financing
Address
7665 N Milwaukee Avenue, Niles, IL
Price
$ 1,490,000
Property Attributes
- MLS#11998898
- TypeCommercial
- CountyCOOK
- CityNiles
- AreaNiles
- Zip60714
- StyleCommercial
- Year Built1957
- Taxes$ 44056
- Price$ 1,490,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6000
- Lot Size10,564 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Great 2 unit masonry commercial retail building in Niles, prime location right on the corner of Milwaukee and Jonquil Terrace, The Building is 6000+ sq ft, 10,564 sq ft of land, C-3 zoning, 12 - 14 ft ceilings, excellent exposure with 123.20 ft of frontage on Milwaukee Ave. 26,200 vehicles pass this location a day (VPD) Comprised of two retail units, one 3,028 sq ft and the other is 2,281 sq ft, the larger unit is vacant and is available for lease and the smaller unit is leased, $4,100 a month, will be signing a new 5-year extension at the end of the year. Very High visibility, exceptional space. the building is well maintained. ADA compliant men's and women's restrooms the building has a great signage area. Power is 200 amps, private parking lot for 30 cars and plenty of street parking, nice landscaping building is divided into 2 units, close to the Howard and Milwaukee intersection, access to shopping, public trans, close to area expressways, Building has a great retail build out and potential for residential / commercial development with TIFF incentive from the Village of Niles. building could be used for retail or fast food or medical, clinic, dental, sales, physical therapy, med spa, call center, architect, legal, insurance, accounting, or other professional use, Area retailers include, Amici Ristorante, Siam's house restaurant, Chicken inn, Siam's house restaurant taco bell, Baskin Robbins, Lone Tree manor banquet hall & catering, P & S Meats and Greek grill, Graham's Marketplace Ownership will listen to all offers within reason, 3 PINs (1) 09252110010000 (2) 09252110020000 (3) 09252110030000. Do not bother tenant, call listing agent for showing. Seller is willing to Discuss Seller financing.
| Price History | |
|---|---|
| 3/8/2024 | Listed $1,490,000 |
General Features
| Cooling | Central Air |
|---|---|
| Utilities | Electric to Site,Gas to Site,Sanitary Sewer,Water-Municipal,Water to Site |
| Possession | Closing |
| Roof | Membrane,Reflective Coating |
| Zoning | COMMR |
| Construction Materials | Brick |
| Year Built | 1957 |
| Electric | Circuit Breakers,Separate Meters |
| Tenant Pays | Air Conditioning,Common Area Maintenance,Electricity,Heat,Janitorial Service,Taxes,Insurance,Repairs,Scavenger,Sewer |
| Stories | 1 |
| Township | Niles |
| Tax Year | 2021 |
| Current Use | Commercial |
| County | Cook |
| Net Operating Income | 56978 |
| Property Type | Commercial Sale |
| Status | Active |
| Directions | NORTH OF HOWARD ON EAST SIDE OF MILWAUKEE AVE. |
| City | Niles |
| Total Units | 2 |
| MLS Area | Niles |
| Lot Size Square Feet | 10564 |
| Street Name | Milwaukee |
| Tax Annual Amount | 44056 |
| Additional Parcels Y/N | Yes |
| Leasable Area | 6000 |
| Virtual Tour | https://tours.positiveimagelive.com/public/vtour/display/2155518#!/ |
| Days on Market | 5 |
| Lease Type | Net |
| Standard Status | Active |
| Property Type | Retail/Stores |
Interior Features
| Flooring | Tile,Vinyl |
|---|---|
| Street Suffix | Avenue |
Exterior Features
| Foundation Details | Concrete Perimeter |
|---|---|
| Building Area Total | 6000 |
| Lot Dimensions | 10564 |
| Frontage Type | City Street,County Road,Public Road,State Road,Paved |
| Exterior | Brick |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 60714
Price
Taxes
Visits
Year Built
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than NextHome Select Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2024 All rights reserved.Based on information submitted to the MLS GRID as of April 30, 2024 12:50 AM UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice.
Data is updated as of April 30, 2024 12:50 AM UTC
