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$699,900 Just Listed
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Property Description
Exceptional Legal 2-unit brick building with a fully renovated, income producing non-conforming garden unit. Prime Niles location Ideal for Investors & Owner-Occupants alike. Located on a corner double lot (58 x 125) in a high-demand Niles location just off Dempster, this solid brick building offers three income-producing units, strong rental demand, and minimal future capital needs. All-brick construction adds durability, curb appeal, and long-term value. Unit 1 (1st Floor): 2 bedrooms, 1 full bath; fully remodeled a couple of years ago with a modern kitchen, quartz countertops, updated appliances, a new bathroom, and beautifully refinished hardwood floors. Unit 2 (2nd Floor): 2 bedrooms, 1 full bath; well maintained with freshly refinished hardwood floors. Garden Unit: 1 bedroom, 1 bath; fully renovated a couple of years ago, featuring a new kitchen, heated floors, and a new bathroom. The building is fully rented with one-year leases in place, providing stable, predictable income from day one. Tenants pay their own gas and electric in the main units, with garden unit utilities included for simplified management. The basement offers a shared laundry and utility room with additional storage space. Recent improvements include a brand-new boiler/heater and a new washer. A detached 2-car garage completes the property. Plenty of convenient street parking is also available for residents. Located in Niles' most desirable corridors, minutes from shopping, dining, parks, and transportation, this low-maintenance, income-producing property won't last long. Proof of funds required to schedule showings.
Full Property Details
Full Property Details for 8707 N Oketo Ave
General
- Price: $699,900
- Taxes: $11,753 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12554127
- Updated: 1/26/2026
- Added to Site: 3 day(s) ago
Interior
- Basement: Finished, F
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: Niles
- County: Cook
- Township: Maine
- Driving Directions: East of Notre Dame Park and South of Dempster St.
School Information
- School District: 63
- Elem School District: 63
- Midd School District: 63
- High School District: 207
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Architectural Info: Colonial, Traditional
- Architectural Style: Colonial, Traditional
- Model: 3 Flat
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Finished, Full
- Year Built: 1959
- Built Before 1978: Yes
- Remodeled/Updated: 2022
Unit Information
- Units in Building: 2
Manufactured Home
- Model: 3 Flat
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 58 x 125
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1959
- Tax Amount: $11,753.48
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 9242120050000
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Schools
Schools serving 8707 N Oketo Ave
School Districts:East Maine School District 63, Maine Township High School District 207
| Name | Grades | Distance |
|---|---|---|
Melzer School 9400 Oriole Avenue, Morton Grove, IL 60053 | K-5 | 0.9 mi |
Gemini Middle School 8955 North Greenwood Avenue, Niles, IL 60714 | 6-8 | 1.5 mi |
Maine East High School 2601 Dempster St, Park Ridge, IL 60068 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8707 N Oketo Ave
Date
Details
Price
Change
Source
1/24/2026
Listed
$699,900
24.98%
MLS
5/23/2022
Sold
$560,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8707 N Oketo Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$11,333
—
$44,036
-6%
2022
$11,287
34%
$46,692
61%
2021
$8,428
6%
$29,076
—
2020
$7,969
-6%
$29,076
-18%
2019
$8,493
1%
$35,290
12%
2018
$8,417
-8%
$31,597
-9%
2017
$9,198
—
$34,870
-7%
2016
$9,190
22%
$37,341
33%
2015
$7,555
-6%
$28,117
-9%
2014
$8,031
2%
$30,988
—
2013
$7,886
-20%
$30,988
-30%
2012
$9,891
—
$44,472
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8707 N Oketo Ave
8707 N Oketo Avenue, Niles, IL 60714 (MLS# 12554127) is a Multi-Family property with 2 units containing 5 bedrooms and 0 full bathrooms. 8707 N Oketo Avenue is currently listed for $699,900 and was received on January 24, 2026. Want to learn more about 8707 N Oketo Avenue? Do you have questions about finding other Multi-Family real estate for sale in Niles? You can browse all Niles real estate or contact a Coldwell Banker agent to request more information.

