Closed

$582,500

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8861 N Cumberland Avenue

NILES, Illinois 60714

Closed / MLS #9093000 / Multiple Family / Niles

Listing information updated 4/15/2016 at 1:16am

Income producing 6 Unit building in prime location of Niles. Always easy to rent, long term tenants and all utilities separately metered (even he gas meters). Owner installed a $15k sewer system to keep all ground floor units dry. Owner has done everything to make this investment as arm chair as possible. Two newly remodeled bathrooms. Several units with new floors and tiling, and building is in great shape. The building produces over $63k a year in gross income. Perfect low maintenance multi-family investment. Will not last long.

Full Features

Exterior Type:

Brick

Square Feet:

N/A

Acreage:

.23

Built:

1965

Parking Spaces:

Stories:

Zoning:

MULTI

Current Net Income:

$44,500

Unit 1:

4 room(s) / 2 bed(s) / 0 bath(s)

Unit 2:

3 room(s) / 1 bed(s) / 0 bath(s)

Taxes & Assessments

Tax Amount:

$11,858

Tax Year:

N/A

Location

Zip Code:

60714

City:

Niles

County:

Cook

Listing Office: Main Street Real Estate Group

Listing Office Phone: 773.799.8042

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 4/15/2016 at 1:16am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Niles, IL

Just 15 minutes from the hustle and bustle of downtown Chicago, the Village of Niles offers quiet residential neighborhoods shaded by towering trees. Despite being outside the city, Niles still has a cosmopolitan vibe with its own half-size replica of the Leaning Tower of Pisa and active Sister Citi...

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$363,943

Average Sale Price

Average Days On The Market

99%

Sales Prices VS. List Price

Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.

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8861 N Cumberland Avenue is a multiple family which sold for $582,500. This multiple family has been listed on @properties since November 27th, 2015 and was built in 1965.