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    Property profile & analytics
    OFF-MARKET Estimated value $605,000
    Retail space

    6954 Touhy Ave, Niles, IL 60714-4547

    5,740 SF 0.28 ac lot Built 1979
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US28-1288632
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail space
    Use group STORE, RETAIL OUTLET
    Year built 1979
    Total area 5,740 SF
    Lot 0.28 ac (12,035 SF)
    APN 10-30-317-019
    UPID US28-1288632
    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
    • Bartosz(Bart) J Balaz: Allstate Insurance Insurance Agency
    • Giometti Ronald P DDS Dental Office
    • Access Benefit Solutions, Inc. Insurance Agency
    • Ancient Remedy Wellness Center Gym & Fitness Center Alternative Medicine Practice
    • Metta Perspective LLC - Acupuncture and East Asian Medicine Medical Clinic Alternative Medicine Practice
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $370k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $549k
    Blend (final) Blend
    $605k
    Owner & transaction history
    Mvg Properties 103 LLC · 1 yrs held
    Mvg Properties 103 LLC
    since 2025
    Last sale
    $620,000
    7 recorded transactions
    2025
    $620,000
    2022
    2017
    1969
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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