6954 Touhy Ave, Niles, IL 60714-4547
This exceptional 5,790 square foot multi-tenant office building, situated at 6954 W Touhy Avenue in Niles, Illinois, presents a compelling investment opportunity. Constructed in 1979, the property boasts ten individual units, providing flexibility for a variety of tenants and maximizing rental income potential. The building's well-maintained interior and exterior contribute to its strong curb appeal and immediate leasing potential. Its strategic location offers convenient access to major transportation arteries, ensuring easy commutes for tenants and clients. Ample on-site parking is a significant advantage, addressing a key concern for potential occupants. The professional and polished exterior enhances the property's image, attracting high-quality tenants. This property represents a solid investment in a thriving area, offering a proven track record and significant potential for future growth. The building's layout and features make it an ideal choice for investors seeking a stable and profitable office building in the desirable Niles market. The 5,790 square feet of space provides ample room for various business needs, while the ten individual units allow for diverse tenant occupancy. This is a turnkey opportunity for immediate income generation and long-term appreciation.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.