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    Niles, IL
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    Niles, IL Retail Space for Sale

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    Morton Grove, IL Chicago, IL Skokie, IL Park Ridge, IL Des Plaines, IL Glenview, IL Lincolnwood, IL Schiller Park, IL
    Freestanding Building on Milwaukee Avenue
    Updated: Feb 26
    Freestanding Building on Milwaukee Avenue

    8136 N Milwaukee Avenue, Niles, IL 60714

    $529,000
    2,800 sqft
    High‑visibility location on Milwaukee Avenue with 27,000 vehicles per day
    Freestanding 2,800 SF commercial building
    Flexible layout suitable for retail, service, office, or medical use
    Approximately 8 on‑site parking spaces
    Month‑to‑month occupancy allows for flexible delivery options
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    8136 N Milwaukee Avenue, Niles, IL 60714

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    • Est. Cap Rate

      7.4%
      Above avg (5.9%)

    • Est. NOI

      $39K
      Annual

    • Price @ 7% Cap

      $555K
      Above asking

    • Last Sold

      Jun 2009
      $459K

    • Property Type

      Retail Stores
      Built 1973
    View Property Analytics
    Retail Storefront Opportunity
    Updated: May 1
    Retail Storefront Opportunity

    7665 N Milwaukee Avenue, Niles, IL 60714

    $1,114,000
    0.24 AC lot
    Brick construction
    Central air cooling
    Tile and vinyl flooring
    Built in 1957
    Membrane roof
    View details
    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 2 Active listings in Niles, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Prime Commercial Land in Morton Grove
    Prime Commercial Land in Morton Grove

    9021 Harlem Avenue, Morton Grove, IL 60053

    $1,236,000
    0.63 AC lot

    High-visibility commercial land with redevelopment potential in Morton Grove, IL.

    View details
    Park Ridge Investment Property
    Park Ridge Investment Property

    630-642 Busse Highway, Park Ridge, IL 60068

    $1,675,000
    12,000 sqft 0.57 AC lot

    Fully occupied commercial property in Park Ridge with high traffic.

    View details
    Corner Retail Building and Land
    Corner Retail Building and Land

    1030 West Touhy Avenue, Park Ridge, IL 60068

    $1,475,000

    Corner commercial lot on a major thoroughfare with 29,000 vehicles per day and a 1,350 SF building.

    View details
    Two-Story Retail Building with Full Kitchen
    Two-Story Retail Building with Full Kitchen

    9224 Waukegan Rd, Morton Grove, IL 60053

    $990,000

    Two-story retail building with a full kitchen and ample parking, positioned for visibility on Waukegan Road.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    PUD-Zoned Commercial Land with Frontage
    PUD-Zoned Commercial Land with Frontage

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    2.07 AC lot

    2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

    View details

    Off-Market Properties in Niles, IL

    Consider similar Off-Market properties in Niles, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    8480 Golf Rd
    RETAIL STORES (PERSONAL SERVICES)

    8480 Golf Rd, Niles, IL 60714-1144

    Value Estimation by Request
    1.06 AC lot
    View details
    8830 Milwaukee Ave
    RETAIL STORES (PERSONAL SERVICES)

    8830 Milwaukee Ave, Niles, IL 60714

    $840,000
    Estimated value
    0.23 AC lot
    View details
    9400 Milwaukee Ave
    RETAIL STORES (PERSONAL SERVICES)

    9400 Milwaukee Ave, Niles, IL 60714-1210

    Value Estimation by Request
    View details
    9607 Milwaukee Ave
    RETAIL STORES (PERSONAL SERVICES)

    9607 Milwaukee Ave, Niles, IL 60714

    Value Estimation by Request
    0.70 AC lot
    View details
    9631 Milwaukee Ave
    RETAIL STORES (PERSONAL SERVICES)

    9631 Milwaukee Ave, Niles, IL 60714-1116

    Value Estimation by Request
    0.60 AC lot
    View details
    8530 Golf Rd
    RETAIL STORES (PERSONAL SERVICES)

    8530 Golf Rd, Niles, IL 60714-1154

    Value Estimation by Request
    0.26 AC lot
    View details
    7124 Touhy Ave
    RETAIL STORES (PERSONAL SERVICES)

    7124 Touhy Ave, Niles, IL 60714-4526

    $650,000
    Estimated value
    0.22 AC lot
    View details
    6954 Touhy Ave
    STORE, RETAIL OUTLET

    6954 Touhy Ave, Niles, IL 60714-4547

    $605,000
    Estimated value
    5,740 sqft 0.28 AC lot
    View details
    8060 Oakton St
    STORE, RETAIL OUTLET

    8060 Oakton St, Niles, IL 60714-2747

    $1,825,000
    Estimated value
    0.87 AC lot
    View details
    8134 Milwaukee Ave
    RETAIL STORES (PERSONAL SERVICES)

    8134 Milwaukee Ave, Niles, IL 60714

    $750,000
    Estimated value
    0.48 AC lot
    View details
    8975 Golf Rd
    RETAIL STORES (PERSONAL SERVICES)

    8975 Golf Rd, Niles, IL 60714-5821

    $21,905,000
    Estimated value
    2.55 AC lot
    View details
    8121 Milwaukee Ave
    STORE, RETAIL OUTLET

    8121 Milwaukee Ave, Niles, IL 60714-2803

    $800,000
    Estimated value
    0.07 AC lot
    View details
    8121 Milwaukee Ave
    STORE, RETAIL OUTLET

    8121 Milwaukee Ave, Niles, IL 60714-2803

    $800,000
    Estimated value
    0.07 AC lot
    View details
    8117 Milwaukee Ave
    STORE, RETAIL OUTLET

    8117 Milwaukee Ave, Niles, IL 60714

    $800,000
    Estimated value
    0.01 AC lot
    View details
    8109 Milwaukee Ave
    RETAIL STORES (PERSONAL SERVICES)

    8109 Milwaukee Ave, Niles, IL 60714-2803

    Value Estimation by Request
    0.05 AC lot
    View details
    8111 Milwaukee Ave
    RETAIL STORES (PERSONAL SERVICES)

    8111 Milwaukee Ave, Niles, IL 60714-2803

    Value Estimation by Request
    0.06 AC lot
    View details
    9100 Milwaukee Ave
    RETAIL STORES (PERSONAL SERVICES)

    9100 Milwaukee Ave, Niles, IL 60714-1539

    Value Estimation by Request
    0.89 AC lot
    View details
    9505 Milwaukee Ave
    RETAIL STORES (PERSONAL SERVICES)

    9505 Milwaukee Ave, Niles, IL 60714-1211

    Value Estimation by Request
    0.17 AC lot
    View details
    6767 Milwaukee Ave
    STORE, RETAIL OUTLET

    6767 Milwaukee Ave, Niles, IL 60714-4468

    $1,750,000
    Estimated value
    2.98 AC lot
    View details
    8600 32nd Gold Rd
    RETAIL STORES (PERSONAL SERVICES)

    8600 32nd Gold Rd, Niles, IL 60714

    Value Estimation by Request
    0.15 AC lot
    View details
    7624 Milwaukee Ave
    RETAIL STORES (PERSONAL SERVICES)

    7624 Milwaukee Ave, Niles, IL 60714

    $2,200,000
    Estimated value
    0.08 AC lot
    View details
    8140 Milwaukee Ave
    RETAIL STORES (PERSONAL SERVICES)

    8140 Milwaukee Ave, Niles, IL 60714-2804

    Value Estimation by Request
    0.04 AC lot
    View details

    Niles, IL Retail Space Market Trends and Statistics

    Explore 72 retail space for sale in Niles, IL on our real estate platform. These investment opportunities span a total of 2,800 square feet of properties for sale, with an estimated market value of $1,643,000.

    Sale prices for retail space in Niles, IL start at $529,000, averaging $821,500, and reaching up to $1,114,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 7
    Storefront properties 3
    Showrooms 2
    Automotive properties 1
    Grocery and convenience stores 1

    Demographics Overview

    Population 30K
    Population Growth (5Y) +2.4%
    Median Household Income $78,868
    College Educated 50.5%

    High-Yield Neighborhoods for Investment

    Identify Niles submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60714 $529K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

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