8726 Elmore Street, Niles, Illinois 60714


$650,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 7
Baths: 0
Year Built: 1961
Property Taxes: $9,147
Days On Market: 838
Lot Size: 0,15
Map
Street View

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!

Property Specifics

Multi-unit
1961
No
0.15
Cook
— / —
11807491
09241000090000

Property History

DATE: EVENT: PRICE: SOURCE:
1 May, 2015 Sold $407,000 MRED MLS
11 Mar, 2015 Under contract $459,900 MRED MLS
11 Mar, 2015 Listed for sale $459,900 MRED MLS
30 Aug, 2023 Sold $650,000 MRED MLS
15 Aug, 2023 Under contract $629,900 MRED MLS
20 Jul, 2023 Listed for sale $629,900 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 7
Bedrooms Above Ground: 7
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Seventh Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 5
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: Unfinished

Other Specifics

2
52X119
Not in DB

Tax History

Year Property Taxes
2015 $8,621
2023 $9,147

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Listing Provided By

Berkshire Hathaway HomeServices Chicago