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Brick Triplex with Three-Car Garage
For Sale
Under Contract
$875,000

8430 W Oak Avenue, Niles, IL 60714

Residential Income, Niles, IL

Property SizeContact for details
Days on Market66

Property Features for 8430 W Oak Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 5, Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 6, Bathroom 4, Bathroom 3, Bedroom 2, Bedroom 7
Parking 5
Parking features Garage
Elementary school district 63
Middle school district 63
High school district 207
Directions Dempster to Cumberland, North to Oak, West to property
Subdivision Niles
Standard status Active Under Contract
APN 09143190060000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 16756

Utilities

Sewer type Public Sewer
Heating system Baseboard, Steam
Water source Public

Building Details

Year built 1965
Building materials Brick
Listing Agency: Midwest Realty Services, Inc.
Listed By: Joseph Rihani · License #471009619
Added: Jun 19 Changed: Aug 20 Last Checked: Aug 23 at 3:06PM
MLS# 12682713

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This legal three-flat was built in 1965 with brick construction and includes two 3-bedroom, 2-full-bath units plus a garden unit with 1 bedroom and 1 full bath. The property also provides a 3-car garage and separate heating for the top-floor unit. Public water and public sewer serve the building.

The property backs to a school field and is located near shopping, restaurants, parks, schools, and transportation. It is offered as-is, where is, with a configuration that includes seven bedrooms and three bathrooms across the listed units.

Key Highlights

  • Legal 3‑flat with two 3‑bedroom, 2‑full‑bath units
  • Garden unit includes 1 bedroom and 1 full bath
  • 3‑car garage

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Barber Shop Storage Facility Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,344
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Legal three-flat with a garden unit, brick construction, and garage parking.
Where is this triplex located?
The property is located at 8430 W Oak Avenue Niles, IL.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Legal 3‑flat with two 3‑bedroom, 2‑full‑bath units; Garden unit includes 1 bedroom and 1 full bath; 3‑car garage
More about this property
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