6920 Rosemary Ln Niles, IL 60714

This well-maintained, freestanding brick six-unit building offers investors a stabilized, turnkey opportunity in the heart of Niles. Ideally located just off Milwaukee Avenue and within minutes of public transportation, shopping, dining, and major highways, the property benefits from strong tenant demand and long-term market fundamentals. The building features five (5) two-bedroom, one-bath apartments and one (1) garden-level one-bedroom, one-bath apartment, providing a practical and desirable unit mix that appeals to a broad tenant base. Significant capital improvements have been completed to ensure durability and efficiency, including a new roof installed in 2019, vinyl windows replaced in 2019, a newer water heater and boiler (approximately five years old), and safety enhancements throughout the property such as emergency lighting, fire extinguishers, and exit signage. These updates minimize near-term capital expenditures while supporting reliable operations.