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    7255 W Dempster St Niles, IL 60714

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    For Lease
    Contact for pricing

    32,028 SF divisible anchor space in Niles, Illinois.

    Property size:
    32,028 SF
    Lot size:
    8.27 Acres

    Property Features for 7255 W Dempster St

    General Information

    Size
    32,028 SF
    Lot size
    8.27 Acres

    Source: Mid-America Real Estate Group Agent Jaime Bertsche

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

    Overview

    Retail Anchor Space Available

    Available for rent is a 32,028 square foot anchor space, which is divisible. The property is located on the hard corner of Dempster Street and Harlem Avenue, benefiting from a traffic volume of over 57,000 vehicles per day. The location offers enhanced visibility with two pylon signs along Dempster Street and Harlem Avenue. The property draws from a dense residential population of over 106,678 residents within a 3-mile radius, with an average household income exceeding $105,288. Co-tenants include a mix of home improvement, retail, service, and restaurant businesses. Possession timing can be arranged.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Dempster Plaza, Millbrook Shopping Center, Korea Genseng Chicago, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Niles
    County
    Cook
    State
    Illinois
    Longitude
    -87.8088746
    Latitude
    42.0399731

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    FAQs

    What type of property is this?
    Shopping center - 32,028 SF divisible anchor space in Niles, Illinois.
    Where is this shopping center located?
    The property is located at 7255 W Dempster St Niles, IL.
    What are key features of this property?
    This property features: - Unmatched location on the hard corner of Dempster St and Harlem Ave with over 57,000 VPD; - 32,028 SF anchor space available (divisible); - Dense residential population of over 106,678 within a 3 mile radius
    (630) 954-7300
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    7255 W Dempster St 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
    7255 W Dempster St Niles, IL 60714
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