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.

Map of 7124 Jarvis, Niles, IL

Location Map Street View
Photo of Bill Biros
Bill Biros
Broker/Owner
Direct: 708-237-7711
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Mount Prospect, Daniel Richardson
Sold by Homesmart Connect LLC, Adela Rus
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Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: