Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    8850 N Milwaukee Ave Niles, IL 60714

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $22 SF/Yr ($1,857 /Mo)

    Retail or office space with high visibility and ample parking.

    Property size:
    1,013 SF
    Lot size:
    0.31 Acres

    Property Features for 8850 N Milwaukee Ave

    General Information

    Size
    1,013 SF
    Lot size
    0.31 Acres

    Source: McLennan Commercial Properties Agent Peter Bianchi

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

    Overview

    Niles Retail or Office Space

    This property offers 1,013 square feet of retail or office space. It benefits from high daily traffic counts, ample parking, and high visibility. The location provides easy access from Milwaukee Avenue, making it suitable for various businesses.
    Insight Report Location Intelligence

    Current Use by Public Records

    Albany Pharmacy Pharmacy Michael Lee Pharmacy

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Niles
    County
    Cook
    State
    Illinois
    Longitude
    -87.8279709
    Latitude
    42.0413791

    Nearby Similar for Lease

    • Contact for pricing

      Prime Retail/Office Space Available

      High-visibility retail or office space in Niles, IL.
      9050 Golf Rd, Niles, IL 60714
      View Details
    • $9 SF/Yr
      311,103 SF

      Howard Commons: Multi-Use Industrial Space

      Prime North Cook location, flexible spaces available.
      6201 Howard St, Niles, IL 60714
      View Details
    • $19 SF/Yr
      160,000 SF

      Niles Medical Office Space Available

      Class A Medical Office, 5,000 SF Vacant
      8975 Golf Rd, Niles, IL 60714
      View Details
    • $8 SF/Yr
      36,605 SF

      Touhy Office Center: Niles, IL

      Niles office building, newly renovated, multiple suites.
      5940 Touhy Ave, Niles, IL 60714
      View Details
    • Contact for pricing
      165,516 SF

      Oak Mill Plaza Retail Center

      Niles, IL Strip Mall - 8 Suites Available
      7900 Milwaukee Ave, Niles, IL 60714
      View Details
    • Contact for pricing
      220,964 SF

      Dempster Plaza Retail Space for Lease

      Niles, IL Strip Center with High Traffic
      8650 Dempster St, Niles, IL 60714
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail or office space with high visibility and ample parking.
    Where is this retail space located?
    The property is located at 8850 N Milwaukee Ave Niles, IL.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - High daily traffic counts and **high visibility**; - Ample parking available; - Easy access from Milwaukee Avenue
    (224) 578-0947
    Request Owner's contact information
    8850 N Milwaukee Ave Niles, IL 60714
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8850 N Milwaukee Ave
    Niles, IL 60714
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    8850 N Milwaukee Ave Niles, IL 60714
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.