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$875,000
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Property Description
6 FLAT WITH ALL 1 BEDROOM UNITS. VERY LOW RENTS DUE TO LONG TERM TENANTS. NEW ROOF, NEWER WINDOWS AND RECENT TUCKPOINT. COPPER PLUMBING TOO. TENANTS PAY THEIR OWN COOKING GAS. GREAT RESIDENTIAL NEIGHBORHOOD WITH SINGLE FAMILY HOMES BEHIND THE BUILDING PLUS EXTRA PARKING ON MILWAUKEE. NILES FREE BUS SERVICE GREAT FOR TENANTS WHO DONT DRIVE. LONG TIME ELDERLY OWNER SELLING AS IS! Large down payment or cash. NO pro rata loans.
Full Property Details
Full Property Details for 8509 N Milwaukee Ave
General
- Sold For: $875,000
- Taxes: $18,175 (2024)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12598052
- Added to Site: 128 day(s) ago
Location
- Area: Niles
- County: Cook
- Driving Directions: MILWAUKEE ONE BLOCK NORTH OF MAIN. PLENTY OF PARKING ON SIDE STREET ONE BUILDING OVER.
Heating & Cooling
- Cooling Type: Wall Sleeve
- Heating Type: Central Building Heat
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 3
- Square Feet: 4,928
- Year Built: 1961
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
- # Dryers: 1
Lot Features
- Lot Dimensions: 5875
- Zoning: OTHER
Financial Considerations
- Operating Expenses: $29,718
- Assessment Year: 1961
- Tax Amount: $18,175
- Tax Year: 2024
- Tenant Pays: Electricity, Other
Disclosures and Reports
- Property ID: 9241070450000
Listed by RE/MAX City
Sold by Non Member
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Schools
Schools serving 8509 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 | 0.5 mi |
Gemini Middle School 8955 North Greenwood Avenue, Niles, IL 60714 | 6-8 | 1 mi |
Maine East High School 2601 Dempster St, Park Ridge, IL 60068 | 9-12 | 1.9 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 8509 N Milwaukee Ave
Date
Details
Price
Change
Source
8/05/2026
Sold
$875,000
—
MLS
4/06/2026
Listed
$875,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8509 N Milwaukee Avenue, Niles, IL 60714 (MLS# 12598052) is a Commercial property that was sold at $875,000 on August 05, 2026. Want to learn more about 8509 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.

