8707 Oketo Avenue, Niles, Illinois 60714
$699,900
|
For Sale
|
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| Status: | New |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 5 |
| Baths: | 0 |
| Year Built: | 1959 |
| Property Taxes: | $11,753 |
| Days On Market: | 4 |
| Lot Size: | 0,00 |
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.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1959 | |
| — | |
| 3 Flat | |
| No | |
| — |
| Cook | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 12554127 | |
| 09242120050000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 19 Sep, 2008 | Sold | $450,000 | MRED MLS |
| 19 Aug, 2008 | Under contract | $499,900 | MRED MLS |
| 8 Jul, 2008 | Listed for sale | $499,900 | MRED MLS |
| 25 May, 2022 | Sold | $559,900 | MRED MLS |
| 18 Apr, 2022 | Under contract | $559,900 | MRED MLS |
| 11 Apr, 2022 | Listed for sale | $559,900 | MRED MLS |
| 24 Jan, 2026 | Listed for sale | $699,900 | MRED MLS |
Room Specifics
Total Bedrooms: 5
Bedrooms Above Ground: 5
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
| 2 | |
| — | |
| — | |
| — | |
| — | |
| 58X125 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2008 | $5,932 |
| 2022 | $7,969 |
| 2026 | $11,753 |
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Listing Provided By
eXp Realty
