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Virtual Tour
$939,000
4
4.5
3,700 Sq. Ft.
8702 N Osceola Avenue, Niles, IL
Closed on Jun 21, 2024
Fulton Grace Listing
10 Days On Market
$935,000
Closed
8649 N Milwaukee Avenue, Niles, IL 60714
- Beds
- Baths
- Sq. Ft.
Beautifully well maintained six unit property. Near public transportation with the Pulse and Pace bus line. Right off the Milwaukee corridor with abundant shopping. Golf Mill and Oak Mill Mall just minutes away. Right near all expressways. Coin operated washer & dryer building owned. Security cameras installed front entry outside & inside, rear entry outside & inside and in laundry room.
Overview for 8649 N Milwaukee Avenue, Niles
Number of Units6
Taxes$17,103
Sq. Footage-
Lot Size-
Bedrooms-
Bathrooms-
Laundry-
NeighborhoodNiles
Unit Floor Level-
Property StatusClosed
Property TypeMulti Family 5+
MLS #12042953
List DateMay 04, 2024
Days on Market10
List Price$995,000
Closed DateJun 21, 2024
Investment Details for 8649 N Milwaukee Avenue, Niles
| Apartment Info | # Units | Rooms | Beds | Baths | Monthly income range(Min-Max) |
|---|---|---|---|---|---|
| Type1 | 1 | 4 | 2 | 1 | 1100-1400 |
| Type2 | 1 | 4 | 2 | 1 | 1100-1400 |
| Type3 | 1 | 4 | 2 | 1 | 1100-1400 |
| Type4 | 1 | 4 | 2 | 1 | 1100-1400 |
| Type5 | 1 | 4 | 2 | 1 | 1060-1250 |
| Type6 | 1 | 1 | 1 | 875-1100 |
Financial Info for 8649 N Milwaukee Avenue, Niles
- Annual Gross Income$76,740
- Total Annual Rental Income$76,740
- Total Monthly Rental Income$6,395
- Total Annual Expenses$9,735
- Annual Net Operating Income$49,902
- Other Expense$130
- Janitor Expense-
- Water Expense$2,400
- Repairs / Decor Expense$1,710
- Fuel Expense$4,000
- Trash Expense$1,025
- Manager Expense-
- Electricity Expense$470
- Insurance Expense$3,400
Interior Features for 8649 N Milwaukee Avenue, Niles
Bathroom Information
- # of Baths: 0
School information for 8649 N Milwaukee Avenue, Niles
- Elementary School-
- Elementary School District-
- Middle or Junior School-
- Middle or Junior School District-
- High School-
- High School District-
Payment Calculator for 8649 N Milwaukee Avenue, Niles
$7,144 per month 30 Years Fixed
Principal and Interest $5,719.19
Property Taxes $1,425.25
HOA Dues $0
/month
/month
Exterior, Parking & Pets for 8649 N Milwaukee Avenue, Niles
- Lot Size48 X 125
- Built before 1978Yes
- Age64
- PoolNo Private
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Schools near 8649 N Milwaukee Avenue, Niles
Enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home
| School Information | Type | Grades | Rating |
|---|---|---|---|
Nelson Elementary School  0.4 ml | Public | KG-5 |   5 |
Gemini Middle School 0.8 ml | Public | 6-8 | 5 |
Jefferson School 0.8 ml | Public | PK-PK | NR |
Emerson Middle School 0.9 ml | Public | 6-8 | 9 |
Melzer Elementary School 1.0 ml | Public | KG-5 | 8 |
Facts for 8649 N Milwaukee Avenue, Niles
As of 04/15/2025, 8649 N Milwaukee Avenue in Niles Illinois is listed for $995,000 and has been on the market for 10 days. 8649 N Milwaukee Avenue has 0 bedrooms, 0 bathrooms, and 0 square feet. There are currently 2 0-bedroom, 0-bathroom Multi Family 5+s in Niles, which have an average asking price of $1,074,000. The highest-priced 0-bedroom, 0-bathroom Multi Family 5+ in Niles is $1,199,000, while the lowest-priced 0-bedroom, 0-bathroom Multi Family 5+ is asking $949,000.
Listing Office: Fulton Grace Realty
773-698-6648
773-698-6648
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Fulton Grace Realty are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.