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$645,000
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Property Description
HUGE PRICE REDUCTION!!!!Amazing opportunity! Large Commercial property on busy Niles corner with plenty of parking! The building is 6000 square feet all on one floor. Building is rented has a cosmetology school. building has been well cared for 30 plus years. Newer furnace hot water tank! large parking lot in rear that has 15 spaces. Roof about 15 years old. There is plenty of City parking that wraps around the building that has an additional 15 plus spots. this is a very well maintained building. building is currently leased tenant pays 7536 per month do not disturb tenants. lease expires June 2026 with 3 year option
Full Property Details
Full Property Details for 8057 N Milwaukee Ave
General
- Sold For: $645,000
- Taxes: $41,183 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12313335
- Added to Site: 362 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: Niles
- County: Cook
- Driving Directions: Harlem north west on Milwaukee to property
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Stories/Levels: 1
- Square Feet: 6,000
- Current Bldg. Use: Commercial
- Year Built: 1961
Unit Information
- # Tenants: 1
- Extra Storage Avail: Yes
Lot Features
- Lot Size (Sq. Ft.): 10,564
- Lot Dimensions: 10564
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $44,983
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1961
- Tax Amount: $41,183
- Tax Year: 2023
- Tenant Pays: Air Conditioning, Electricity, Heat, Janitorial Service, Insurance, Repairs, Scavenger, Sewer
Disclosures and Reports
- Property ID: 9244190530000
Listed by Xr Realty
Sold by Guidance Realty
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Schools
Schools serving 8057 N Milwaukee Ave
School Districts:East Maine School District 63, Maine Township High School District 207
| Name | Grades | Distance |
|---|---|---|
V H Nelson Elementary School 8901 North Ozanam Avenue, Niles, IL 60714 | K-5 | 1.1 mi |
Gemini Middle School 8955 North Greenwood Avenue, Niles, IL 60714 | 6-8 | 1.6 mi |
Maine East High School 2601 Dempster St, Park Ridge, IL 60068 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8057 N Milwaukee Ave
Date
Details
Price
Change
Source
2/23/2026
Sold
$645,000
-0.75%
MLS
8/05/2025
Price Reduced
$649,900
-3.7%
MLS
6/21/2025
Price Reduced
$674,900
-3.57%
MLS
3/22/2025
Listed
$699,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8057 N Milwaukee Avenue, Niles, IL 60714 (MLS# 12313335) is a Commercial property that was sold at $645,000 on February 23, 2026. Want to learn more about 8057 N Milwaukee Avenue? Do you have questions about finding other Commercial real estate for sale in Niles? You can browse all Niles real estate or contact a Coldwell Banker agent to request more information.

