8707 N Oketo Avenue
Niles, IL, 60714 $ 699,900
Bedrooms5 Baths3.0 Sq 2,372 Monthly Estimate*
$ 4,309
for $699,900 with 5 bedrooms and 3 full baths. This 2,372 square foot home was built in 1959.
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.
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FeaturesExteriorModel 3 Flat
Parking Features Yes Garage Owned Detached Garage
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 58X125
Waterfront Y/N N
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GeneralSewer Public Sewer
Heating Natural Gas
Possession Closing
Zoning MULTI
Garage Spaces 2
Architectural Style Colonial Traditional
Construction Materials Brick
Year Built 1959
Township Maine
Tax Year 2024
Ownership Fee Simple
Gross Income 4720
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 14
Status New
Directions East of Notre Dame Park and South of Dempster St.
City Niles
High School District 207
MLS Area Niles
Tax Annual Amount 11753.48
Standard Status Active
Middle/Junior School District 63
Elementary School District 63
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InteriorBasement Finished Full
Total Bedrooms 5
Total Baths 3
Bedrooms Possible 5
Full Baths Building 3
Half Baths Building 0
Total Number of Units 2
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* Excluded FeaturesList Byjolita@jolitaproperties.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,309
- Monthly Property Taxes
- $979
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyMulti-family listings in Niles, IL
Average List Price $817,467
Percent of Sale Price 17%
About Niles, IL 29,486 Population
-2% Since 2002
$ 56,156 Median Income
47.62 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
565453 Elementary School
564969 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/24/2026 | $699,900 | | Listed Price |