This well-maintained, freestanding brick six-unit building offers investors a stabilized, turnkey opportunity in the heart of Niles. Ideally located just off Milwaukee Avenue and within minutes of public transportation, shopping, dining, and major highways, the property benefits from strong tenant demand and long-term market fundamentals. The building features five (5) two-bedroom, one-bath apartments and one (1) garden-level one-bedroom, one-bath apartment, providing a practical and desirable unit mix that appeals to a broad tenant base. Significant capital improvements have been completed to ensure durability and efficiency, including a new roof installed in 2019, vinyl windows replaced in 2019, a newer water heater and boiler (approximately five years old), and safety enhancements throughout the property such as emergency lighting, fire extinguishers, and exit signage. These updates minimize near-term capital expenditures while supporting reliable operations.
Based on information submitted to the MLS GRID as of 2025-09-27 02:30:17. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2025-09-27 02:30:17
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1275 E. Butterfield Rd Suite 200, Wheaton, IL 60189