Welcome to 8722 N Elmore, a fantastic investment opportunity in the desirable neighborhood of Niles! This well-maintained 3-flat building offers multiple units, each with its own unique charm and excellent rental potential. The main floor and upstairs units feature spacious layouts, with both offering 3 bedrooms and 1 bath. These units are perfect for families or individuals seeking ample space and comfort. The garden unit is a cozy 1-bedroom, 1-bathroom space, ideal for a single tenant or a couple. With its own separate entrance, this unit offers privacy and tranquility. A standout feature of this property is the two and a half car garage, providing secure parking and additional storage space. Additionally, there are outdoor parking spaces available for residents and guests. The two main units are currently leased month to month with below market rents, but could be increased with renewed long term leases. All units have their own HVAC, water heaters and are separately metered for all utilites. Located in Niles, this property benefits from a convenient location with easy access to transportation, dining, shopping, and entertainment options. Take advantage of the nearby parks, recreational facilities, and community amenities that make Niles a desirable place to live. Whether you're an investor looking for a profitable venture or a homeowner interested in owning a multi-unit property, 8722 N Elmore provides an excellent opportunity. Don't miss out on the chance to add this promising property to your portfolio. Showings will begin after the garden unit is painted. Likely 7/18.
Room Features
Basement DescriptionPartially Finished
Lot & Building Features
HeatingForced Air, Natural Gas
Parking DescriptionGarage, Space/s
SewerPublic Sewer
Tax Year2022
WaterLake Michigan
Lot Dimensions52 X 119 ft
Community and Schools
Elementary School63
Price History of 8722 Elmore, Niles, IL
Date
Name
Price
Difference
12/31/1969
Listing Price
$644,900
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
8722 Elmore (MLS #12107983) is a residential income listing located in Niles, IL.
This residential income listing on a lot of 6,098 sqft (or 0.14 acres) with 7 bedrooms, 3 baths and is 61-70 Years years old. This property was listed on 08/02/2024 and has been priced for sale at $644,900.
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: Berkshire Hathaway HomeServices Chicago