8057 N Milwaukee Avenue Niles IL 60714 MLS #MRD12313335

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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

Property Details

Price:
$649,900
MLS #:
MRD12313335
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Other
Neighborhood:
Niles
Listed Date:
Mar 22, 2025
Total Sq Ft:
6,000
Year Built:
1961
NilesNiles

Schools

Interior

Cooling
Central Air

Exterior

Financial

Net Operating Income
$47,717
Tax Year
2023
Taxes
$41,183

Listing Agent & Office

Frank Scaletta
xr realty

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8057 N Milwaukee Avenue
Niles, IL