Cook, US
Exceptional Brick 3-Flat in Prime Niles; ideal for Investors & Owner-Occupants. Opportunities like this don't come around often in Niles, IL. This solid all-brick legal 3-flat is located in a high-demand residential pocket and offers the perfect blend of immediate cash flow, long-term stability, and future upside. Whether you're an investor looking for a low-maintenance asset or an owner-occupant seeking rental income, this property checks every box. The building features three spacious apartment units: Two oversized 3-bedroom, 1.5-bath units on the first and second floors. A well-laid-out 2-bedroom, 1-bath garden unit. Each unit offers generous living and dining areas, large kitchens, and functional layouts that tenants love. Hardwood floors lie beneath the carpeting in the upper units, offering easy value-add potential. The first-floor unit has been remodeled, making it ideal for an owner-occupant or premium rental. Tenants pay their own gas and electric, enhancing cash flow. The building has been well maintained with pride of ownership, featuring newer windows, tuck-pointing, and solid mechanicals, giving buyers peace of mind and minimizing future capital expenses. Outside, enjoy a large yard, long private driveway, and a detached 2-car garage; a rare combination in multi-unit properties. The all-brick construction speaks to durability and long-term value. Located just minutes from shopping, dining, cafes, and everyday conveniences, with easy access to major roads and, this is a property tenants want and stay in. Long-term tenants are already in place on one-year leases, providing immediate income from day one. This is a clean, stable, income-producing asset in one of Niles' most desirable areas, perfect for buyers who understand value and act decisively. 24-hour notice required. Proof of funds or pre-approval required prior to showings. Serious buyers only. Properties like this move fast.
Courtesy Of: eXp Realty
Feature Highlights
- Built Before 1978
General Features
- List Date:
- 01/23/2026
Public Schools
- Elementary School:
- Nelson Elementary Sc
- High School:
- Maine East High Scho
Interior Features
- Bedrooms Possible:
- 8
- Rooms Total:
- 17
Exterior Features and Amenities
- Lot Size Dimensions:
- 50X125
- Model:
- 3 Flat
- Parking Total:
- 8
Financial
- Days On Market:
- 14
- Tax Annual Amount:
- $16,007.00
- Tax Year:
- 2024
Other Features
- Elementary School District:
- 63
- High School District:
- 207
- Middle Or Junior School District:
- 63
- Age:
- 61-70 Years
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of MRED LLC. Real Estate listings held by brokerage firms other than Hometown Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated: 2026-02-07.
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