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    OFF-MARKET
    Industrial properties

    7312 Milwaukee Ave, Niles, IL 60714-4310

    0.07 ac lot Built 1958
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US28-0372358
    Property summary
    AI-generated overview

    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
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1958
    Lot 0.07 ac (2,975 SF)
    APN 10-30-320-006
    UPID US28-0372358
    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
    • Solar Service Inc Production Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Mlcrgc Properties LLC · 1 yrs held
    Mlcrgc Properties LLC
    since 2025
    Last sale
    $270,000
    7 recorded transactions
    2025
    $270,000
    2019
    $205,000
    2017
    2002
    $235,000
    1999
    $160,000
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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