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    7870-7900 N Milwaukee Ave Niles, IL 60714

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    For Lease
    Contact for pricing

    Retail space in Niles, anchored by Jewel-Osco.

    Property size:
    2,800 SF
    Lot size:
    10.57 Acres

    Property Features for 7870-7900 N Milwaukee Ave

    General Information

    Size
    2,800 SF
    Lot size
    10.57 Acres

    Source: Phillips Edison & Company - Corporate Agent Samantha Goebel

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Jewel-Osco Anchored Retail Space

    Located within a 10-minute drive of Chicago O'Hare Airport and in close proximity to Interstate 90 & 94, this retail space is situated in a Jewel Osco-anchored shopping center in Niles. The property is part of Oak Mill Plaza, which had 1 million customer visits during 2021. The shopping center, anchored by Jewel-Osco, the number one grocer in the Chicago area, had 900,000 visits during 2019. Additional tenants include T-Mobile, Anytime Fitness, and State Farm Insurance. The available retail space is 2,800 square feet.
    Location Intelligence

    Current Use by Public Records

    Shopping malls

    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.

    Similar Places Nearby

    Dr Kostiv Office, Oak Mill Plaza, Coinstar Kiosk | Bitcoin ATM, The Anthony Vorres Centre, Civic Center Plaza

    Location Insight

    • Map
    • Local Demand
    City
    Niles
    County
    Cook
    State
    Illinois
    Longitude
    -87.8133623
    Latitude
    42.0243921

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    FAQs

    What type of property is this?
    Shopping center - Retail space in Niles, anchored by Jewel-Osco.
    Where is this shopping center located?
    The property is located at 7870-7900 N Milwaukee Ave Niles, IL.
    What are key features of this property?
    This property features: - Anchored by Jewel-Osco, the number one grocer in the Chicago area; - Located within a 10 minute drive of Chicago O'Hare Airport; - Close proximity to Interstate 90 & 94
    (513) 614-9068
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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
    7870-7900 N Milwaukee Ave Niles, IL 60714
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