Property summary
This meticulously maintained 2,375 square foot office building, constructed in 1961, presents a compelling investment opportunity in the thriving commercial hub of Niles, Illinois. Situated at 7312 N Milwaukee Avenue, the property boasts a sleek exterior and well-appointed interior spaces, offering a versatile layout adaptable to a variety of business needs. Its established presence and historic charm create an inviting and productive work environment. The building's strategic location provides convenient access to major thoroughfares, ensuring easy commutes for employees, clients, and visitors. This is an exceptional chance to acquire a cornerstone asset in a vibrant and growing area. The property is offered at $415,000. While the lot size is negligible (0 acres), the building's substantial square footage and prime location make it an attractive proposition for investors seeking a strong return. The building's age (1961) speaks to its enduring quality and construction, while its modern interior offers a blend of classic charm and contemporary functionality. This is a rare opportunity to own a well-established office building in a highly desirable location. The property's potential for growth and its strong location make it an ideal investment for both seasoned and new investors alike. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Current use
-
Production Facility
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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