Property profile

9246 Courtland Dr Niles, IL 60714

OFF-MARKET
Residential income homes
Property ID
US28-2508466
2,394 SF 0.12 ac lot Built 1968
Individually Owned 3-yr Hold
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Property summary

AI-generated overview

A fully renovated two-flat residential income property situated on a quiet street on a 0.11-acre lot. The building contains two separate apartments, each with three bedrooms, modern kitchens with newer cabinetry, backsplash, granite countertops, center islands, and newer appliances, and bathrooms that have been redone with ceramic tile, double sinks with vanity cabinets, newer toilets, and updated light fixtures. Hardwood floors are found in both units, along with an oak staircase leading to the second floor. The finished basement includes a family room, an additional bedroom, and a third bathroom, which can support an in-law or multi-generational arrangement. The property has laundry facilities and two storage areas, each measuring 6 by 12 feet, and includes an attached two-car garage. Reported improvements include a newer roof, windows, siding, plumbing, sidewalks, patio, gutters, front door, a replaced hot water tank, and three newer A/C units, along with a yard and proximity to shopping and transportation.

Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1968
Construction FRAME
Total area 2,394 SF
Lot 0.12 ac (5,175 SF)
APN 09-14-209-010
UPID US28-2508466

Cap rate & NOI

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

Location

9246 Courtland Dr Niles, IL 60714-1328
Niles metro Census 806004 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$510k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$505k

Owner & transaction history

since 2023
Last sale
$455,000
5 recorded transactions
2023
Price N/A
2017
$455,000
2014
$262,000
1969
Price N/A
1969
Price N/A

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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