Niles, IL Commercial Real Estate for Sale

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Morton Grove, IL Chicago, IL Skokie, IL

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Updated: Feb 26

Freestanding Building on Milwaukee Avenue

8136 N Milwaukee Avenue, Niles, IL 60714

$529,000

2,800 sqft

High‑visibility location on Milwaukee Avenue with 27,000 vehicles per day
Freestanding 2,800 SF commercial building
Flexible layout suitable for retail, service, office, or medical use
Approximately 8 on‑site parking spaces
Month‑to‑month occupancy allows for flexible delivery options

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This listing looks promising.

Here's a quick look at some key insights for

8136 N Milwaukee Avenue, Niles, IL 60714

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Est. Cap Rate

7.4%
Above avg (5.9%)
Est. NOI

$39K
Annual
Mortgage

$479K
Jun 2009
Last Sold

Jun 2009
$459K
Property Type

Retail Stores
Built 1973

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Updated: Mar 9

Freestanding Office and Retail Building

8130 N Milwaukee Avenue, Niles, IL 60714

$529,000

2,800 sqft · 0.07 AC lot

High‑visibility location on Milwaukee Avenue with 27,000 vehicles per day.
Approximately 2,800 SF freestanding brick building.
Approximately 8 on‑site parking spaces.
Flexible interior suitable for retail, service, medical, or professional office use.
Month‑to‑month occupancy provides flexible delivery options.

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Freestanding Commercial Building on Milwaukee

8136 N Milwaukee Avenue, Niles, IL 60714

$529,000

2,800 sqft · 0.07 AC lot

Highly visible commercial building suitable for retail or office use.

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Niles Commercial Property For Sale

7665 N Milwaukee Avenue, Niles, IL 60714

$1,114,000

0.24 AC lot

Commercial property available for purchase in Niles, Illinois.

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Established Pizza Restaurant with Equipment

9024 N Greenwood Street, Niles, IL 60714

$150,000

0.03 AC lot

For sale restaurant and catering with fixtures and equipment included, offering owner training for smooth transition.

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Niles Commercial Land For Sale

8439 W Golf Road W, Niles, IL 60714

$250,000

3.27 AC lot

Commercial land available in Niles, Illinois.

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Food Mart Business For Sale

8809 N Milwaukee Avenue, Niles, IL 60714

$260,000

4,990 sqft

Food mart business for sale with prime commercial corner location.

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Freestanding Commercial Building on Milwaukee Avenue

8130 N Milwaukee Avenue, Niles, IL 60714

$529,000

3,000 sqft

Highly visible building suitable for retail, office, or medical use.

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Niles Industrial Building For Rent

6364 W Gross Point Rd, Niles, IL

Contact for pricing

25,383 sqft · 0.94 AC lot

25,383 SF industrial building in Niles, Illinois available for rent.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 9 Active listings in Niles, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Morton Grove Commercial Flex Property

8430 Waukegan Rd, Morton Grove, IL 60053

$649,000

6,959 sqft · 0.27 AC lot

6,959 SF commercial property in Morton Grove for sale.

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Vape King Business Opportunity

7182 Dempster Street, Morton Grove, IL 60053

$169,000

Profitable tobacco store in high-traffic Morton Grove location for sale.

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Park Ridge Investment Property

630-642 Busse Highway, Park Ridge, IL 60068

$1,675,000

12,000 sqft · 0.57 AC lot

Fully occupied commercial property in Park Ridge with high traffic.

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Move-In Ready Condo Near Train

1815 Oakton Street #2A, Park Ridge, IL 60068

$215,000

1,005 sqft

Two-bedroom condo with new appliances, close to Dee Road Train.

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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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RETAIL STORES (PERSONAL SERVICES)

8480 Golf Rd, Niles, IL 60714-1144

Value Estimation by Request

1.06 AC lot

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INDUSTRIAL (GENERAL)

5959 Howard St, Niles, IL 60714-4014

Value Estimation by Request

View details

Value Estimation by Request

0.08 AC lot

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COMMERCIAL (GENERAL)

8108 Elizabeth Ave, Niles, IL 60714

$855,000

Estimated value

0.21 AC lot

View details

COMMERCIAL (GENERAL)

8100 Dempster St, Niles, IL 60714

$935,000

Estimated value

0.26 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

9400 Milwaukee Ave, Niles, IL 60714-1210

Value Estimation by Request

View details

Niles, IL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Niles, IL, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 35,620 square feet of properties for sale, with an estimated market value of $3,776,000.

Sale prices for business properties in Niles, IL start at $260,000, averaging $629,333, and reaching up to $1,400,000 — 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	$760K

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 Commercial Real Estate for Sale

8136 N Milwaukee Avenue, Niles, IL 60714

8130 N Milwaukee Avenue, Niles, IL 60714

8136 N Milwaukee Avenue, Niles, IL 60714

7665 N Milwaukee Avenue, Niles, IL 60714

9024 N Greenwood Street, Niles, IL 60714

8439 W Golf Road W, Niles, IL 60714

8809 N Milwaukee Avenue, Niles, IL 60714

8130 N Milwaukee Avenue, Niles, IL 60714

6364 W Gross Point Rd, Niles, IL

Opportunities in Nearby Cities

8430 Waukegan Rd, Morton Grove, IL 60053

7182 Dempster Street, Morton Grove, IL 60053

630-642 Busse Highway, Park Ridge, IL 60068

1815 Oakton Street #2A, Park Ridge, IL 60068

Off-Market Properties in Niles, IL

7554 Waukegan Rd, Niles, IL 60714-3772

8480 Golf Rd, Niles, IL 60714-1144

5959 Howard St, Niles, IL 60714-4014

5959 Howard St, Niles, IL 60714-4014

6333 Gross Pt Rd, Niles, IL 60714-3915

7450 Natchez Ave, Niles, IL 60714-3802

7701 Milwaukee Ave, Niles, IL 60714-4706

6364 Gross Pt Rd, Niles, IL 60714-3916

6366 Gross Pt Rd, Niles, IL 60714-3916

7740 Milwaukee Ave, Niles, IL 60714-4707

8830 Milwaukee Ave, Niles, IL 60714

8830 Milwaukee Ave, Niles, IL 60714

8108 Elizabeth Ave, Niles, IL 60714

8100 Dempster St, Niles, IL 60714

9400 Milwaukee Ave, Niles, IL 60714-1210

Niles, IL Commercial Real Estate Market Trends and Statistics

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

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