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Property profile & analytics
OFF-MARKET
Land

9141 Milwaukee Ave Niles, IL 60714

1.48 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.48-acre commercial land parcel, totaling 64,469 square feet, presents a unique build-to-suit opportunity in the thriving Village of Niles. Located just one block south of the Golf Mill Shopping Center, this strategically positioned site boasts exceptional visibility and high traffic counts on heavily traveled Milwaukee Avenue (33,500 vehicles daily, per IDOT data). Its C-2 General Commercial zoning allows for a wide range of uses, including retail, restaurant, commercial, medical, or daycare facilities. The property's free-standing drive-thru potential further enhances its appeal. The site benefits from its proximity to the Golf Mill regional shopping hub, home to major retailers such as Walmart, Target, Burlington's, Ross Dress for Less, and Old Navy, along with numerous restaurants. The ongoing multi-million-dollar redevelopment of the Golf Mill Mall promises even greater future growth and increased foot traffic. Convenient access to public transportation, including PACE and Metra bus routes, adds to the property's desirability. This is an exceptional opportunity to establish a presence in a dynamic and rapidly developing area within a Niles TIF district.

Property profile
Verified
Property type Land
Lot 1.48 ac (64,469 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Air Marshal Commercial Building Ventilation Upgrade Engineer
  • wali khan Engineer
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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