Property for Sale: 7124 W Jarvis, Niles, IL 60714 SOLD
$1,500,000
$1,500,000
7124 W Jarvis,
Niles, IL 60714 SOLD
$1,500,000
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Selling Price: $1,500,000
Original List Price: $1,799,000
Sold at 83.4% of list price
Sold Date: 08/09/2024
Type Commercial
Year Built 1959
City Niles
County Cook
MLS 12049809
Status Closed
**Prime Investment Opportunity in Niles!** Welcome to your next savvy investment venture! Nestled in the heart of Niles, these three meticulously maintained 3-flat apartment buildings offer an unparalleled opportunity for seasoned investors and newcomers alike. All three buildings are solid, brick construction and contain well-appointed units that reflect pride of ownership. It's evident that these properties have been lovingly cared for and thoughtfully managed. Currently fully rented with stable leases in place, these buildings offer immediate cash flow and a solid return on investment. Tenants enjoy the convenience of well-maintained amenities, including ample parking, on-site laundry facilities, and peaceful outdoor spaces (a private park, without having to cross any streets). Located in the Niles West school district, residents benefit from easy access to local amenities, shopping centers, dining options, and public transportation, ensuring high demand and low vacancy rates. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a lucrative opportunity, this unique, three building package is the perfect addition to your real estate portfolio. Don't miss out on this rare chance to secure stable cash flow and long-term appreciation potential. Schedule your showing today and seize this investment gem!
Lot & Building Features
Construction Brick
Cooling Window Unit(s)
Tax Year 2022
Lot Dimensions 27000 SQ FT ft
Price History of 7124 Jarvis, Niles, IL
Date | Name | Price | Difference |
---|---|---|---|
12/31/1969 | Listing Price | $1,500,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
![Photo of Bill Biros](image_cache/300_05/1406727900_056cb7d0a170d07dc352404f69471cae.png)
Listed by Mount Prospect, Daniel Richardson
Sold by Homesmart Connect LLC, Adela Rus
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