Niles, IL Multifamily Properties for Sale

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Morton Grove, IL Chicago, IL Skokie, IL Park Ridge, IL Des Plaines, IL Glenview, IL Lincolnwood, IL Schiller Park, IL

Updated: Jun 19

Three-Unit Residential Income Property

8430 W Oak Avenue, Niles, IL 60714

$875,000

Legal 3‑flat with two 3‑bedroom/2‑full‑bath units plus a garden unit with 1 bedroom and 1 full bath
Brick construction; year built 1965
3‑car garage and additional on‑site parking
Separate heating for the top‑floor unit; steam and baseboard heating
Public water and public sewer

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Updated: Apr 6

Six-Unit Apartment Building

8509 N Milwaukee Avenue, Niles, IL 60714

$875,000

6‑flat property with all 1‑bedroom units
Brick construction built in 1961
Updates include a new roof, newer windows, and recent tuckpointing
Copper plumbing
Tenants pay their own cooking gas

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Six-Unit Multifamily Building

8047 W Foster Ln, Niles, IL 60714

$925,000

4,029 sqft

Well-maintained six one-bedroom, one-bath units with coin laundry, off-street parking, and tenant-paid electric.

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Niles Condo with Balcony

6801 N Milwaukee Avenue #404, Niles, IL 60714

$191,000

One-bedroom condo in well-maintained building with in-unit laundry.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Niles, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 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.

Rehabbed Duplex in Morton Grove

8643 Ferris Avenue, Morton Grove, IL 60053

$600,000

0.14 AC lot

Well-maintained, rehabbed duplex near highway, shopping, and restaurants.

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Updated Two-Flat in Park Ridge

1108 Fortuna Avenue, Park Ridge, IL 60068

$999,500

Spacious, updated two-flat near top-rated schools in Park Ridge.

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Move-In Ready Condo Near Train

1815 Oakton Street #2A, Park Ridge, IL 60068

$215,000

1,005 sqft

Two-bedroom condo with new appliances, close to Dee Road Train.

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Edens Point Condo For Sale

5506 Lincoln Avenue #A211, Morton Grove, IL 60053

$140,000

One bedroom condo in move-in condition with pool and laundry.

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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.

Land For Sale, Lakemoor, IL

27 Oyster Bay, Lakemoor, IL 60051

Contact for pricing

0.12 AC lot

Commercial land available in Lakemoor, Illinois.

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University Park Developable Land

976 Mesa Court, University Park, IL 60484

Contact for pricing

3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

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Wooded Homesite in Wheatfield, Indiana

4418 Oakland Court, Wheatfield, IN 46392

Contact for pricing

0.57 AC lot

Spacious, wooded 0.57-acre lot in established neighborhood.

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Deeded RV Recreational Lot

V/L E Kissing Oaks Trail, Custer, MI 49405

$39,900

0.96 AC lot

Deeded lot with a newly excavated site, entry, and driveway, backing Manistee National Forest.

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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.

GARDEN APT, COURT APT (5+ UNITS)

7554 Waukegan Rd, Niles, IL 60714-3772

Unit 56

$1,575,000

Estimated value

0.20 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

8413 Dempster St, Niles, IL 60714-1460

Unit 35

Value Estimation by Request

0.78 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

7546 Cleveland St, Niles, IL 60714-2954

Unit 1

Value Estimation by Request

2,276 sqft 0.22 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

8128 Dempster St, Niles, IL 60714-1728

$670,000

Estimated value

4,724 sqft 0.14 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

8017 Churchill Ave, Niles, IL 60714-1514

$660,000

Estimated value

3,036 sqft 0.14 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

7232 Crain St, Niles, IL 60714-2104

$775,000

Estimated value

3,602 sqft 0.15 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

8833 Greenwood Ave, Niles, IL 60714-1415

$535,000

Estimated value

3,390 sqft 0.14 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

8832 Chester Ave, Niles, IL 60714-1427

$640,000

Estimated value

4,671 sqft 0.14 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

8112 Dempster St, Niles, IL 60714-1715

$570,000

Estimated value

3,158 sqft 0.14 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

7620 Milwaukee Ave, Niles, IL 60714-3133

$2,200,000

Estimated value

9,215 sqft 0.07 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

7618 Milwaukee Ave, Niles, IL 60714

$2,200,000

Estimated value

9,215 sqft 0.07 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

8423 Oak Ave, Niles, IL 60714-1431

Value Estimation by Request

3,064 sqft 0.17 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

9285 Courtland Dr, Niles, IL 60714-1327

Unit 2

Value Estimation by Request

2,035 sqft 0.12 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

7526 Cleveland St, Niles, IL 60714-2954

Unit 1

Value Estimation by Request

1,704 sqft 0.14 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

8717 Oketo Ave, Niles, IL 60714-2045

$650,000

Estimated value

3,202 sqft 0.14 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

8855 Wisner St, Niles, IL 60714-1882

$635,000

Estimated value

3,757 sqft 0.14 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

9258 Courtland Dr, Niles, IL 60714-1328

Value Estimation by Request

2,144 sqft 0.12 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

7006 Jarvis Ave, Niles, IL 60714-4326

Value Estimation by Request

1,760 sqft 0.13 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

7415 Harlem Ave, Niles, IL 60714-3701

$750,000

Estimated value

1,920 sqft 0.18 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

8815 Wisner St, Niles, IL 60714-1876

$775,000

Estimated value

2,813 sqft 0.14 AC lot

View details

Niles, IL Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Niles, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,941,000.

Sale prices for multifamily properties in Niles, IL start at $191,000, averaging $647,000, and reaching up to $875,000 — 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

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	$978K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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Niles, IL Multifamily Properties for Sale

8430 W Oak Avenue, Niles, IL 60714

8509 N Milwaukee Avenue, Niles, IL 60714

8047 W Foster Ln, Niles, IL 60714

6801 N Milwaukee Avenue #404, Niles, IL 60714

Opportunities in Nearby Cities

8643 Ferris Avenue, Morton Grove, IL 60053

1108 Fortuna Avenue, Park Ridge, IL 60068

1815 Oakton Street #2A, Park Ridge, IL 60068

5506 Lincoln Avenue #A211, Morton Grove, IL 60053

Potential Development Sites for Consideration

27 Oyster Bay, Lakemoor, IL 60051

976 Mesa Court, University Park, IL 60484

4418 Oakland Court, Wheatfield, IN 46392

V/L E Kissing Oaks Trail, Custer, MI 49405

Off-Market Properties in Niles, IL

7554 Waukegan Rd, Niles, IL 60714-3772

8413 Dempster St, Niles, IL 60714-1460

7546 Cleveland St, Niles, IL 60714-2954

8128 Dempster St, Niles, IL 60714-1728

8017 Churchill Ave, Niles, IL 60714-1514

7232 Crain St, Niles, IL 60714-2104

8833 Greenwood Ave, Niles, IL 60714-1415

8832 Chester Ave, Niles, IL 60714-1427

8112 Dempster St, Niles, IL 60714-1715

7620 Milwaukee Ave, Niles, IL 60714-3133

7618 Milwaukee Ave, Niles, IL 60714

8423 Oak Ave, Niles, IL 60714-1431

9285 Courtland Dr, Niles, IL 60714-1327

7526 Cleveland St, Niles, IL 60714-2954

8717 Oketo Ave, Niles, IL 60714-2045

8855 Wisner St, Niles, IL 60714-1882

9258 Courtland Dr, Niles, IL 60714-1328

7006 Jarvis Ave, Niles, IL 60714-4326

7415 Harlem Ave, Niles, IL 60714-3701

8815 Wisner St, Niles, IL 60714-1876

Niles, IL Multifamily Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

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