Vacant Residential Lot with Alley
For Sale
$325,000
8041 North Merrill Street, Niles, IL 60714
Build-ready vacant lot with alley access and a 50' x 125' lot dimension, suitable for residential development.
Property SizeContact for details
Lot Size0.14 Acres
Days on Market156
Property Features for 8041 North Merrill Street
General Information
Standard status
Active
Lot size
0.14 Acres
Property subtype
Land
Zoning
SINGL
Taxes and HOA fees
Annual Taxes
$3,453
Listing Agency:
Compass
(847) 322-6654
Listed By:
Kelly Baysinger · License #475141476
(847) 322-6654
Source:
Compass
Added: Mar 16
Changed: Aug 8
Last Checked: Mar 25 at 10:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
Investment Insights
Based on property information with market context.
This vacant residential lot is offered as a buildable canvas for a custom home. The property measures 50' x 125' and includes alley access, providing a convenient option for garage placement.
The lot is located on a serene, tree-lined street. Public remarks note that it is served by the Park Ridge School District (Eugene Field/Emerson/Maine South) and that the area is associated with Niles taxes.
With its straight-forward lot size and alley access, the site supports practical residential planning for a single-family build.
The lot is located on a serene, tree-lined street. Public remarks note that it is served by the Park Ridge School District (Eugene Field/Emerson/Maine South) and that the area is associated with Niles taxes.
With its straight-forward lot size and alley access, the site supports practical residential planning for a single-family build.
Key Highlights
- Build‑ready vacant lot suitable for residential development
- Lot dimensions are 50' x 125'
- Includes alley access for convenient garage placement
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
474
Businesses Nearby
Explore this area
Business Placement
Demographics for 60714, IL
31,006
Population
11,867
Households
2.6
Avg Household Size
49
Median Age
39%
College-Educated
88%
High-School Grad
6.3 sq mi
ZIP Area
4,922
Density / Sq Mi
$78,868
Median Household Income
$46,553
Median Earnings
$1,247
Median Rent
$351,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Build-ready vacant lot with alley access and a 50' x 125' lot dimension, suitable for residential development.
Where is this residential land & home lot located?
The property is located at 8041 North Merrill Street Niles, IL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Build‑ready vacant lot suitable for residential development; Lot dimensions are 50' x 125'; Includes alley access for convenient garage placement
