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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 12 Potential Opportunities for your consideration. Besides 2 Active listings in Niles, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

    Brick Flexicore Office Building
    Brick Flexicore Office Building

    6650 N Northwest Highway, Chicago, IL 60631

    $5,200,000
    0.43 AC lot

    Elevator-served, remodeled office suites with off-street parking and a granite lobby in a northwest Chicago business corridor.

    View details
    Corner Office Building
    Corner Office Building

    6650 N Northwest Highway, Chicago, IL 60631

    $5,200,000

    Office building for sale situated at a Northwest Highway and Olympia corner for straightforward street-level access.

    View details
    Park Ridge Suburban Office Investment
    Park Ridge Suburban Office Investment

    1420 Renaissance Dr, Park Ridge, IL 60068

    $2,100,000
    54,570 sqft · 3.03 AC lot

    Partially leased office building near I-294 and Metra.

    View details
    Prime Development Opportunity Near O'Hare
    Prime Development Opportunity Near O'Hare

    1410 W Higgins Rd, Park Ridge, IL 60068

    $1,150,000
    22,000 sqft · 0.63 AC lot

    Development site near transportation, convention center, and airport.

    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.

    Prime Bridgeport Corner Lot Opportunity
    Prime Bridgeport Corner Lot Opportunity

    654 W 31st Street, Chicago, IL 60616

    $950,000
    0.17 AC lot

    7,365 SF corner lot in vibrant Bridgeport neighborhood.

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

    3918 N CASS Avenue, Westmont, IL 60559

    $399,500
    0.17 AC lot

    Versatile vacant lot suitable for commercial or residential development.

    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
    Commercial Land in Willow Springs
    Commercial Land in Willow Springs

    8764 Archer Avenue, Willow Springs, IL 60480

    $895,000
    2.06 AC lot

    2.06 acres of vacant land with mixed-use zoning.

    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.

    6631 Milwaukee Ave
    OFFICE BUILDING (MULTI-STORY)

    6631 Milwaukee Ave, Niles, IL 60714-4416

    Value Estimation by Request
    View details
    5800 Touhy Ave
    OFFICE BUILDING (MULTI-STORY)

    5800 Touhy Ave, Niles, IL 60714-4608

    $565,000
    Estimated value
    11.03 AC lot
    View details

    Niles, IL Office Buildings Market Trends and Statistics

    Explore 4 office buildings 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 office properties 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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