8722 N Elmore Street Save Request In-Person Tour Request Virtual Tour
Niles,IL 60714
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12168682
Bedrooms 7
Year Built 1960
Annual Tax Amount $14,176
Tax Year 2022
Lot Size 6,098 Sqft
Lot Dimensions 52 X 119
Property Description
Welcome to 8722 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 bath. These units are perfect for families or individuals seeking ample space and comfort. 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 and a half car garage, providing secure parking and additional storage space. Additionally, there are outdoor parking spaces available for residents and guests. The two main units are currently leased month to month with below market rents, but could be increased with renewed long term leases. All units have their own HVAC, water heaters and are separately metered for all utilites. 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, 8722 N Elmore provides an excellent opportunity. Don't miss out on the chance to add this promising property to your portfolio.
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Full
Interior
Heating Natural Gas,Forced Air
Fireplace N
Exterior
Garage Detached
Garage Spaces 2.0
Waterfront false
View Y/N true
Roof Type Asphalt
Parking Type Unassigned,Driveway
Building
Lot Description None
Foundation Concrete Perimeter
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 63,63,207
Others
Ownership Fee Simple
Special Listing Condition None