$1,100,000
PENDING

Estimated payment $7,475/month

Total Views 2,448
-- Bed
-- Bath
6,216 Sq Ft
$177 Price per Sq Ft

About This Home

RARELY AVAILABLE BUILDING WITH ALL 6 UNITS PAYING THEIR OWN HEAT (6 NEWER BOILERS). ALL UNITS IN GOOD SHAPE. 3 GRANITE KITCHENS. NEWER ROOF, OVERSIZED DOWNSPOUTS, RECENT TUCKPOINTING AND NEWER HOT WATER TANK TOO. 5 OF THE 6 TENANTS ARE LONG TERM MONTH TO MONTH SO HUGE UPSIDE POTENTIAL ON THE RENTS. GREAT LOCATION WITH MANY STORES AND PARK A SHORT WALK AWAY. NILES FREE BUS SERVICE FOR TENANTS WHO MAY NOT DRIVE.

Listing Agent

Marty Piot

RE/MAX City License #475132481 Listed on: 07/14/2025

RE/MAX City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,717

Year Built

  • Built in 1963

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 6,216 Sq Ft Home
  • 3-Story Property

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Separate Meters

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $780
  • Insurance Expense $3,798
  • Other Expense $780
  • Trash Expense $1,380
  • Water Sewer Expense $1,800
  • Operating Expense $28,255
  • Gross Income $7,550
  • Net Operating Income $63,545

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,717

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 3
  • Year Built: 1963
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany
  • Estimated Age: Older
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Room: 0

Exterior Features

  • Construction Materials: Brick

Utilities

  • Cooling: Wall Sleeve
  • Electric: Circuit Breakers
  • Heat/Ventilation: Separate Per Unit

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 1380
  • Water Sewer Expenses: 1800

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 6250

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 8
  • Tenancy Type: Month To Month

Building Info

  • BuildingAreaTotal: 6216

Multi Family

  • Net Operating Income: 63545
  • Insurance Expense: 3798
  • ElectricExpense: 780
  • GrossIncome: 7550
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 28255
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 19717
  • Tax Year: 2023

Map

Range of Values:

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 Pending -- -- --
07/14/2025 07/14/25 For Sale $1,100,000 0.0% $177 / Sq Ft
10/08/2024 10/08/24 Off Market $1,600 -- --
10/08/2024 10/08/24 Off Market $1,600 -- --
09/05/2024 09/05/24 For Rent $1,600 0.0% --
09/01/2024 09/01/24 For Rent $1,600 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12419310

Midwest Real Estate Data (MRED)