Maureen BoyleLicense ID: 5848290- +1(262) 716-3641 maureenboyle@epique.me
28
See all 28 photos
$699,900
Est. payment /mo
5 Beds
3 Baths
New
8707 N Oketo AVE Niles, IL 60714
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Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12554127
Style Colonial,Traditional
Bedrooms 5
Year Built 1959
Annual Tax Amount $11,333
Tax Year 2024
Lot Dimensions 58X125
Property Sub-Type Two to Four Units
Property 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.
Location
State IL
County Cook
Area Niles
Zoning MULTI
Body of Water 3 Flat
Rooms
Basement Finished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 2.0
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 63 , 63, 207
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Jolita Vilimiene of eXp Realty