8513 N Milwaukee Avenue

Niles, IL
$ 725,000 Beds 1 Baths 0 Virtual Tour
Monthly Estimate* How much can I afford?

Great investment opportunity in Niles. The building is comprised of 6 one-bedroom units with a large parking lot in the rear of the building. Some of the recent improvements include a new roof and gutters. This 6-flat is in great rental location on high visibility Milwaukee Avenue. Single family homes in back and large park. Milwaukee Avenue bus right there. Close to everything. Additional parking on Milwaukee and side streets.

Multi-Family

  • Price
  • $ 725,000
  • Lot Size
  • 5,663 SqFt
  • Bedrooms
  • 1
  • Full Bathrooms
  • 0
  • Year Built
  • 1961
  • Half Bathrooms
  • 0
  • City, Zip
  • Niles
  • Taxes
  • $ 11692
  • County
  • COOK
  • Style
  • Area
  • Niles
  • MLS#
  • 11197971
  • Zip
  • 60714
Listing Provided by: Berkshire Hathaway HomeServices Chicago
Data Source: Midwest Real Estate Data (MRED)

Features

General

Additional Parcels Y/N No
City Niles
County Cook
Days on Market 60
Directions Dempster to Milwaukee Ave. To 8513
Electric Expense 140
Fuel Expense 200
Grossincome 5200
Insurance Expense 2100
MLS Area Niles
Maintenanceexpense 500
Net Operating Income 47040
Operatingexpense 15360
Property Type Multi Family 5+
Property Type Commercial Sale
Standard Status Active
Status Active
Stories 2
Street Name Milwaukee
Tax Annual Amount 11692
Tax Year 2020
Tenant Pays Electricity, Other
Total Units 6
Trash Expense 87
Virtual Tour https://tours.databasedads.com/4105982/8513-N-Milwaukee-Ave-Niles-IL?u=1
Water Sewer Expense 130
Year Built 1961
Zoning MULTI

Interior Features

Street Suffix Avenue

Exterior Features

Lot Dimensions 47 X 125
Lot Size Acres 0.13
Total Parking 6

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Niles, IL office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/23/2021 Listed $725,000

Property vs Zip Code Average in 60714

Price
AVG $720K
$730K
Taxes
AVG $11,750
$11,692
Visits
AVG 44
47
Year Built
AVG 1958
1961
Walkscore
AVG 72
63
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

8513 N Milwaukee Avenue Niles, IL is a Single Family Home for sale at $725000 and a lot size of 5,663 SqFt Acre(s). 8513 N Milwaukee Avenue Niles has 1 bedrooms, 0 baths and was built in 1961. The property's zip code is 60714 which is in Niles, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.