8509 N Milwaukee Avenue Niles, IL ^$ 875,000

8509 N Milwaukee Avenue

^$ 875,000

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Recently Listed

8509 N Milwaukee Avenue

Niles, IL, 60714

^$ 875,000

Bedrooms1 Baths0.0 Sq 4,928

Monthly Estimate*

^$ 5,388

8509 N Milwaukee Avenue, Niles, IL 60714 - Image 1

8509 N Milwaukee Avenue, Niles, IL 60714 - Image 2

8509 N Milwaukee Avenue, Niles, IL 60714 - Image 3

8509 N Milwaukee Avenue, Niles, IL 60714 - Image 4

8509 N Milwaukee Avenue, Niles, IL 60714 - Image 5

Multi-Family Home for sale in Niles, IL

for $875,000 with 1 bedroom. This 4,928 square foot home was built in 1961.

6 FLAT WITH ALL 1 BEDROOM UNITS. VERY LOW RENTS DUE TO LONG TERM TENANTS. NEW ROOF, NEWER WINDOWS AND RECENT TUCKPOINT. COPPER PLUMBING TOO. TENANTS PAY THEIR OWN COOKING GAS. GREAT RESIDENTIAL NEIGHBORHOOD WITH SINGLE FAMILY HOMES BEHIND THE BUILDING. PLENTY OF EXTRA PARKING ON MILWAUKEE. ONE TENANT BEHIND IN RENT. LONG TIME ELDERLY OWNER SELLING AS IS!

Multi-Family Active

Price

^$ 875,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 18,175

Style

Year Built

1961

Town/City

Niles

County/Region

Cook

MLS | Web ID

12598052

Features

General

Cooling Wall Sleeve

Zoning OTHER

Construction Materials Brick

Year Built 1961

Electric Circuit Breakers

Tenant Pays Electricity Other

Stories Count 3

Township Maine

Tax Year 2024

Gross Income 61980

County Cook

Net Operating Income 0

Operating Expense 29718

Insurance Expense 4195

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 0

Status New

Directions MILWAUKEE ONE BLOCK NORTH OF MAIN

City Niles

Number Of Units Total 6

MLS Area Niles

Tax Annual Amount 18175

Electric Expense 349

Fuel Expense 3897

Trash Expense 1160

Water Sewer Expense 1942

Additional Parcels Y/N N

Standard Status Active

Exterior

Building Area Total 4928

Lot Dimensions 5875

* Excluded Features

List By

Re/Max City

Broker

MARTYPIOT@SBCGLOBAL.NET

Affordability Calculator

$6,902

Per Month

Monthly Principal & Interest: $5,388
Monthly Property Taxes: $1,515
Monthly Home Insurance: --

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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.

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Nearby

Trends
Schools

Multi-family listings in Niles, IL

Average List Price ^$617,250

Percent of Sale Price 29%

About Niles, IL

29,486 Population

-2% Since 2002

^$56,156 Median Income

47.62 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/6/2026	$875,000		Listed Price

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8509 N Milwaukee Avenue, Niles, IL, 60714 is a Multi-Family Home for sale at $875,000 with 4,928 sqft. 8509 N Milwaukee Avenue has 1 bedrooms, 0.0 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 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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.

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Data is updated as of 4/10/2026.

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8509 N Milwaukee Avenue

Multi-Family Home for sale in Niles, IL

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