Niles, IL Apartment Buildings for Sale

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Morton Grove, IL Park Ridge, IL Chicago, IL

Updated: Apr 6

Six-Unit Apartment Building

8509 N Milwaukee Avenue, Niles, IL 60714

$875,000

Brick 6‑unit flat, built in 1961
All units are 1‑bedroom
Recent exterior updates include a new roof, newer windows, and recent tuckpointing
Copper plumbing reported
Tenants pay their own cooking gas

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Updated: Mar 5

Niles 6-Flat Investment Opportunity

6920 N. Rosemary Lane, Niles, IL 60714

$1,200,000

Stabilized, turnkey 6‑flat investment property in Niles
Excellent location near Milwaukee and Touhy Avenues
Strong tenant demand and long‑term market fundamentals
Convenient access to public transportation and major highways
Strong demographics with median household incomes of over $95K within three miles

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Niles, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Walk-Up Apartment Building with Parking

4854 Elm St, Skokie, IL 60077

$2,375,000

Well-maintained 13-unit walk-up offers a mix of 1- and 2-bedroom layouts plus exterior parking and value-add upside.

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Park Ridge Top-Floor Condo

1333 W Touhy Avenue #303, Park Ridge, IL 60068

$179,800

Bright, 1-bed, 1-bath condo in prime Park Ridge location.

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Waterford Place Condo Near Uptown

460 S NORTHWEST Highway #409, Park Ridge, IL 60068

$275,000

Move-in ready condo in Park Ridge near transportation and restaurants.

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Skokie Development Opportunity

8001 Lincoln Ave, Skokie, IL 60077

$10,000,000

105,000 sqft · 3.20 AC lot

142,681 SF land with 105,000 SF office building.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Development Land, Springfield MO

N West Bypass, Springfield, MO 65802

$2,850,000

29.20 AC lot

29.2 acres of retail-zoned land for mixed-use development.

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Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000

5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000

3.70 AC lot

Prime land near Shepherd University with development potential.

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Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900

1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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Off-Market Properties in Niles, IL

Consider similar Off-Market properties in Niles, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

GARDEN APT, COURT APT (5+ UNITS)

7554 Waukegan Rd, Niles, IL 60714-3772

Unit 56

$1,575,000

Estimated value

0.20 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

8413 Dempster St, Niles, IL 60714-1460

Unit 35

Value Estimation by Request

0.78 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

7546 Cleveland St, Niles, IL 60714-2954

Unit 1

Value Estimation by Request

2,276 sqft · 0.22 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

8128 Dempster St, Niles, IL 60714-1728

$670,000

Estimated value

4,724 sqft · 0.14 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

8017 Churchill Ave, Niles, IL 60714-1514

$660,000

Estimated value

3,036 sqft · 0.14 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

7232 Crain St, Niles, IL 60714-2104

$775,000

Estimated value

3,602 sqft · 0.15 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

8833 Greenwood Ave, Niles, IL 60714-1415

$535,000

Estimated value

3,390 sqft · 0.14 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

8832 Chester Ave, Niles, IL 60714-1427

$640,000

Estimated value

4,671 sqft · 0.14 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

8112 Dempster St, Niles, IL 60714-1715

$570,000

Estimated value

3,158 sqft · 0.14 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

7620 Milwaukee Ave, Niles, IL 60714-3133

$2,200,000

Estimated value

9,215 sqft · 0.07 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

7618 Milwaukee Ave, Niles, IL 60714

$2,200,000

Estimated value

9,215 sqft · 0.07 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

8423 Oak Ave, Niles, IL 60714-1431

Value Estimation by Request

3,064 sqft · 0.17 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

9285 Courtland Dr, Niles, IL 60714-1327

Unit 2

Value Estimation by Request

2,035 sqft · 0.12 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

7526 Cleveland St, Niles, IL 60714-2954

Unit 1

Value Estimation by Request

1,704 sqft · 0.14 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

8717 Oketo Ave, Niles, IL 60714-2045

$650,000

Estimated value

3,202 sqft · 0.14 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

8855 Wisner St, Niles, IL 60714-1882

$635,000

Estimated value

3,757 sqft · 0.14 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

9258 Courtland Dr, Niles, IL 60714-1328

Value Estimation by Request

2,144 sqft · 0.12 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

7006 Jarvis Ave, Niles, IL 60714-4326

Value Estimation by Request

1,760 sqft · 0.13 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

7415 Harlem Ave, Niles, IL 60714-3701

$750,000

Estimated value

1,920 sqft · 0.18 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

8815 Wisner St, Niles, IL 60714-1876

$775,000

Estimated value

2,813 sqft · 0.14 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

8815 Chester Ave, Niles, IL 60714-1478

$790,000

Estimated value

4,060 sqft · 0.22 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

8048 Oriole Ave, Niles, IL 60714-2845

$645,000

Estimated value

3,165 sqft · 0.13 AC lot

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Niles, IL Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Niles, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,075,000.

Sale prices for two-family homes in Niles, IL start at $875,000, averaging $1,037,500, and reaching up to $1,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 30K

Population Growth (5Y) +2.4%

Median Household Income $78,868

College Educated 50.5%

High-Yield Neighborhoods for Investment

Identify Niles submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
60714	$1M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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Niles, IL Apartment Buildings for Sale

8509 N Milwaukee Avenue, Niles, IL 60714

6920 N. Rosemary Lane, Niles, IL 60714

Opportunities in Nearby Cities

4854 Elm St, Skokie, IL 60077

1333 W Touhy Avenue #303, Park Ridge, IL 60068

460 S NORTHWEST Highway #409, Park Ridge, IL 60068

8001 Lincoln Ave, Skokie, IL 60077

Potential Development Sites for Consideration

N West Bypass, Springfield, MO 65802

215 N Bear Creek Road, Asheville, NC 28806

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

71 Salters Road, Greenville, SC 29607

Off-Market Properties in Niles, IL

7554 Waukegan Rd, Niles, IL 60714-3772

8413 Dempster St, Niles, IL 60714-1460

7546 Cleveland St, Niles, IL 60714-2954

8128 Dempster St, Niles, IL 60714-1728

8017 Churchill Ave, Niles, IL 60714-1514

7232 Crain St, Niles, IL 60714-2104

8833 Greenwood Ave, Niles, IL 60714-1415

8832 Chester Ave, Niles, IL 60714-1427

8112 Dempster St, Niles, IL 60714-1715

7620 Milwaukee Ave, Niles, IL 60714-3133

7618 Milwaukee Ave, Niles, IL 60714

8423 Oak Ave, Niles, IL 60714-1431

9285 Courtland Dr, Niles, IL 60714-1327

7526 Cleveland St, Niles, IL 60714-2954

8717 Oketo Ave, Niles, IL 60714-2045

8855 Wisner St, Niles, IL 60714-1882

9258 Courtland Dr, Niles, IL 60714-1328

7006 Jarvis Ave, Niles, IL 60714-4326

7415 Harlem Ave, Niles, IL 60714-3701

8815 Wisner St, Niles, IL 60714-1876

8815 Chester Ave, Niles, IL 60714-1478

8048 Oriole Ave, Niles, IL 60714-2845

Niles, IL Apartment Buildings Market Trends and Statistics

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

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