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    8650 Dempster St Niles, IL 60714

    • Retail space
    • 8.61 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US28-1820667
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Penske Truck Rental / Moving Supply Store / Van Rental Agency
    • KeyExpress Locksmiths / Key Duplication Service / Locksmith
    • Compact Power Equipment Rental / Equipment Rental Agency
    • Pro Desk at The Home Depot / Marble Supplier / Masonry Supply Store
    • Home Services at The Home Depot / Contractor / Flooring Contractor

    Property Details for 8650 Dempster St

    Year built
    1969
    Lot size
    8.61 lot acres
    Property type
    Retail space
    APN
    09-14-308-025
    APU
    914308025

    Description

    Dempster Plaza, located at 8650 W Dempster St, Niles, IL 60714, offers exceptional retail space for lease in a prime Cook County location. This two-building, single-story strip center boasts a total of 220,964 square feet, with multiple tenancy options available. Currently, there are 27,901 square feet of vacant space, divisible into units ranging from a minimum of 1,354 square feet to a maximum contiguous space of 12,683 square feet. The property benefits from its strategic location across Greenwood Ave from Advocate Lutheran General Medical Center, ensuring high visibility and foot traffic. Anchored by prominent retailers Jewel-Osco and Home Depot, Dempster Plaza provides a strong retail environment and established customer base. This opportunity is ideal for businesses seeking high-traffic exposure in a thriving community. The property's address is easily accessible and well-situated within the bustling Niles commercial district. The property is situated in Cook County, Illinois, offering access to a large and diverse consumer base. This is a rare opportunity to secure retail space in a highly desirable location with established anchors and significant foot traffic. Contact us today to learn more about the available spaces and lease terms.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Niles
    County
    Cook
    State
    Illinois
    Longitude
    -87.8419
    Latitude
    42.0409
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $461,590
    $1,312,377
    $595,063
    $1,907,440
    -
    $5,249,508
    $2,380,252
    $7,629,760

    Comparable in this City

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      0.12 Acres

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    • Value Estimation by Request
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      9025 Milwaukee Ave

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      0.89 Acres

      9100 Milwaukee Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.89 Acres
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      0.21 Acres

      7015 Milwaukee Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.21 Acres
      7015 Milwaukee Ave, Niles, IL 60714-4422
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      0.18 Acres

      6636 Albion Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.18 Acres
      6636 Albion Ave, Niles, IL 60714-4473
      View Details
    • Value Estimation by Request
      0.07 Acres

      7755 Milwaukee Ave

      STORE, RETAIL OUTLET • 0.07 Acres
      7755 Milwaukee Ave, Niles, IL 60714-4733
      View Details

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    Similar Nearby for Lease

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      Niles Center Retail Spaces Available

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    8650 Dempster St
    Niles, IL 60714
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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