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    8037 N Oriole Ave Niles, IL 60714

    New
    Under Contract
    For Sale
    $649,000

    Residential Income - Niles, IL

    Days on Market:
    2
    Last Refresh:
    Dec 7 at 9:06 pm

    Property Features for 8037 N Oriole Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Workshop
    Bedrooms
    5
    APN
    09244180420000
    Parking
    2

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1960
    Architectural style
    Other

    RE/MAX City (773) 775-0600 [email protected]

    Listing agent Marty Piot (773) 775-0600 License #475132481

    Listing date Dec 6, 2025

    MLS# 12493711 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Niles Three-Unit Residential Building

    This three-unit residential building features central air and gas forced heat. A new roof and gutter guards have been installed, along with newer windows, copper plumbing, and recent tuckpointing. The two main units include sunrooms, which tenants have used as additional bedrooms, and hardwood flooring beneath the carpets. All bathrooms have been updated, and the kitchens are in decent condition. Two washers and two dryers are included. The property is located within walking distance to various amenities and two major bus lines. The property is located in the Park Ridge school attendance area. The property is being sold as-is.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Niles
    County
    Cook
    State
    Illinois
    Longitude
    -87.8159508
    Latitude
    42.02699

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    FAQs

    What type of property is this?
    Triplex - Three-unit building with central air, forced heat, and updated features.
    Where is this triplex located?
    The property is located at 8037 N Oriole Ave Niles, IL.
    What is the asking price?
    The asking price for this property is $649,000.
    What are key features of this property?
    This property features: - Legal 3-flat property.; - Central air and gas forced heat.; - New roof and gutter guards.
    (773) 775-0600
    Request Owner's contact information
    8037 N Oriole Ave Niles, IL 60714
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    Niles, IL 60714
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8037 N Oriole Ave Niles, IL 60714
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