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    Niles, IL
    Medical Premises

    Niles, IL Medical Office Space for Sale

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    Morton Grove, IL Park Ridge, IL Chicago, IL
    Freestanding Office and Retail Building
    Updated: Mar 9
    Freestanding Office and Retail Building

    8130 N Milwaukee Avenue, Niles, IL 60714

    $529,000
    2,800 sqft · 0.07 AC lot
    High‑visibility location on Milwaukee Avenue with 27,000 vehicles per day.
    Approximately 2,800 SF freestanding brick building.
    Approximately 8 on‑site parking spaces.
    Flexible interior suitable for retail, service, medical, or professional office use.
    Month‑to‑month occupancy provides flexible delivery options.
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    This listing looks promising.

    Here's a quick look at some key insights for

    8130 N Milwaukee Avenue, Niles, IL 60714

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    • Est. Cap Rate

      7.3%
      Above avg (5.9%)

    • Est. NOI

      $39K
      Annual

    • Price @ 7% Cap

      $552K
      Above asking
    View Property Analytics
    Freestanding Commercial Building on Milwaukee Avenue
    Updated: Mar 12
    Freestanding Commercial Building on Milwaukee Avenue

    8130 N Milwaukee Avenue, Niles, IL 60714

    $529,000
    3,000 sqft
    High‑visibility location on Milwaukee Avenue with 27,000 vehicles per day
    Freestanding commercial building with approximately 2,800 SF
    Approximately 8 on‑site parking spaces
    Flexible layout suitable for retail, service, office, or medical use
    Month‑to‑month occupancy for flexible delivery
    View details
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Niles, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Single-Story Office and Retail Building
    Single-Story Office and Retail Building

    4448 Oakton Street, Skokie, IL 60076

    $265,000
    0.07 AC lot

    Flexible single-story space designed for office, retail, showroom, or medical use with multiple private offices and restrooms.

    View details
    Edgebrook Mixed-Use Investment Opportunity
    Edgebrook Mixed-Use Investment Opportunity

    6444 N Central Avenue, Chicago, IL 60646

    $519,000
    4,000 sqft · 0.07 AC lot

    Mixed-use property in Edgebrook with medical office and apartment.

    View details
    Single-Story Office & Medical Building
    Single-Story Office & Medical Building

    4448 Oakton Street, Skokie, IL 60076

    $265,000
    1,700 sqft

    Single-story suite with reception, conference rooms, multiple private offices, kitchenette, and two restrooms.

    View details
    Medical Office Space
    Medical Office Space

    6444 N Central Avenue, Chicago, IL 60646

    $519,000

    For-sale medical office suited for healthcare and professional services needs.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Cicero Land For Sale
    Cicero Land For Sale

    5734 W Cermak Road, Cicero, IL 60804

    $649,000

    Land available in Cicero, Illinois.

    View details
    Westmont Commercial Land For Sale
    Westmont Commercial Land For Sale

    3920 N CASS Avenue, Westmont, IL 60559

    $399,500
    0.17 AC lot

    Vacant lot suitable for commercial or residential development.

    View details
    Corner Development Site For Sale
    Corner Development Site For Sale

    IL - 62 Algonquin Rd., Barrington Hills, IL 60010

    Contact for pricing

    Prime corner development site with high traffic counts.

    View details
    Prime Corner Lot in Carpentersville
    Prime Corner Lot in Carpentersville

    Huntley Road lot: 009, Carpentersville, IL 60110

    $550,000
    2.41 AC lot

    2.41 acre corner lot near Randall Road corridor.

    View details

    Off-Market Properties in Niles, IL

    Consider similar Off-Market properties in Niles, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    8780 Golf Rd
    Medical Office Space

    8780 Golf Rd, Niles, IL 60714

    Value Estimation by Request
    28,950 sqft
    View details

    Niles, IL Medical Office Space Market Trends and Statistics

    Explore 3 medical office space for sale in Niles, IL on our real estate platform. These investment opportunities span a total of 5,800 square feet of properties for sale, with an estimated market value of $1,058,000.

    Sale prices for medical spaces in Niles, IL start at $529,000, averaging $529,000, and reaching up to $529,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 6
    Office buildings 3
    Medical Office Space 2

    Demographics Overview

    Population 30K
    Population Growth (5Y) +2.4%
    Median Household Income $78,868
    College Educated 50.5%

    High-Yield Neighborhoods for Investment

    Identify Niles submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60714 $529K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

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