Property profile

9042 Cumberland Ave Niles, IL 60714

OFF-MARKET
Residential income homes
Property ID
US28-1252691
5,686 SF 0.15 ac lot Built 1962
Entity Owned 2-yr Hold
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Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1962
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,686 SF
Lot 0.15 ac (6,523 SF)
APN 09-14-318-034
UPID US28-1252691

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

9042 Cumberland Ave Niles, IL 60714-1444
Niles metro Census 806004 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.08M
CAP Approach CAP
$1.14M
Comparable Approach Comparable
$961k
Blend (final) Blend
$1.05M

Owner & transaction history

since 2023
Last sale
$945,000
3 recorded transactions
2023
$945,000
2023
$780,000
2022
$780,000

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $1.2M +7.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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