Niles, IL 60714,8707 N Oketo AVE
Niles, IL 60714,8707 N Oketo AVE
Niles, IL 60714,8707 N Oketo AVE
Niles, IL 60714,8707 N Oketo AVE
Niles, IL 60714,8707 N Oketo AVE
Niles, IL 60714,8707 N Oketo AVE
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$ 699,900
Est. payment | /mo

5 Beds

3 Baths


Save
$ 699,900
Est. payment | /mo
Save

5 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12554127

Style Colonial,Traditional

Bedrooms 5

Year Built 1959

Annual Tax Amount $11,753

Tax Year 2024

Lot Dimensions 58X125

Property Sub-Type Two to Four Units

Property Description

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.

Location

State IL

County Cook

Area Niles

Zoning MULTI

Body of Water 3 Flat

Rooms

Basement Finished, Full

Interior

Heating Natural Gas

Fireplace N

Exterior

Garage Spaces 2.0

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 63 , 63, 207

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
Listed by Jolita Vilimiene of  eXp Realty 

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8707 N Oketo AVE