7312 Milwaukee Ave Niles, IL 60714-4310
Property profile & analytics
7312 Milwaukee Ave Niles, IL 60714-4310
- Industrial properties
- 0.07 lot acres
Property ID
US28-0372358
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.
Location Intelligence
Current Use by Public Records
- Solar Service Inc / Production Facility
Property Details for 7312 Milwaukee Ave
- Year built
- 1958
- Lot size
- 0.07 lot acres
- Property type
- Industrial properties
- APN
- 10-30-320-006
- APU
- 1030320006
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Niles
- County
- Cook
- State
- Illinois
- Longitude
- -87.8037
- Latitude
- 42.0141
- 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
$9,127
$10,412
$31,496
$41,908
-
$41,648
$125,984
$167,632
