Niles, IL 60714,8726 N Elmore ST
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Niles, IL 60714,8726 N Elmore ST
Niles, IL 60714,8726 N Elmore ST
Niles, IL 60714,8726 N Elmore ST
Niles, IL 60714,8726 N Elmore ST

$650,000

Est. payment /mo

$629,900

3.2%
Est.Price: ?

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8726 N Elmore ST Niles, IL 60714

7 Beds

5 Baths

6,534 Sqft Lot

SOLD DATE : 08/30/2023

Key Details

Sold Price $650,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 11807491

Sold Date 08/30/23

Bedrooms 7

Year Built 1961

Annual Tax Amount $9,147

Tax Year 2022

Lot Size 6,534 Sqft

Lot Dimensions 52X119

Property Description

Welcome to 8726 N Elmore, a fantastic investment opportunity in the desirable neighborhood of Niles! This well-maintained 3-flat building offers multiple units, each with its own unique charm and excellent rental potential. The main floor and upstairs units feature spacious layouts, with both offering 3 bedrooms and 1.5 baths. These units are perfect for families or individuals seeking ample space and comfort. The well-appointed kitchens come equipped with modern appliances, plenty of cabinet storage, and space for a dining area. The garden unit is a cozy 1-bedroom, 1-bathroom space, ideal for a single tenant or a couple. With its own separate entrance, this unit offers privacy and tranquility. A standout feature of this property is the two-car garage, providing secure parking and additional storage space. Additionally, there are outdoor parking spaces available for residents and guests. Currently, the main floor has a signed lease to begin 8/1 for $1,950 per month as well as a garden unit lease for $1,100 per month through 7/31/24, offering an immediate return on investment. The remaining unit is freshley painted and ready for occupancy presenting an opportunity to further maximize rental income or an owner occupant. Located in Niles, this property benefits from a convenient location with easy access to transportation, dining, shopping, and entertainment options. Take advantage of the nearby parks, recreational facilities, and community amenities that make Niles a desirable place to live. Whether you're an investor looking for a profitable venture or a homeowner interested in owning a multi-unit property, 8726 N Elmore provides an excellent opportunity. Don't miss out on the chance to add this promising property to your portfolio. Schedule your showing today and explore the potential that this 3-flat building in Niles has to offer!

Location

State IL

County Cook

Area Niles

Zoning MULTI

Rooms

Basement Partial

Interior

Heating Natural Gas, Radiant

Equipment Sump Pump, Multiple Water Heaters, Water Heater-Gas

Fireplace N

Exterior

Parking Features Detached

Garage Spaces 2.0

Roof Type Asphalt

Building

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

School District 63 , 63, 207

Others

Ownership Fee Simple

Special Listing Condition None

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Midwest Real Estate Data (MRED) IDX
Listed by Justin Greenberg • Berkshire Hathaway HomeServices Chicago
Bought with Kathleen Andrews • Berkshire Hathaway HomeServices Chicago
agent

Nayeli Morales

Advisor | License ID: 475194050

+1(815) 701-1557

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