8707 N Oketo Avenue, Niles, IL 60714
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.
- Listing Courtesy of: eXp Realty
Details
Updated on June 16, 2026 at 12:53 am-
Property ID MRD12554127
-
Price $699,900
-
Bedrooms 5
-
Garages 2
-
Year Built 1959
-
Property Type Multi Family
-
Property Status Hold
-
Parking Total 2
-
Parcel Number 09242120050000
-
Water Source Lake Michigan
-
Sewer Public Sewer
-
Architectural Style Colonial,Traditional
-
MLS Status Temporarily No Showings
-
Days On Market 19
-
Cumulative Days On Market 93
-
Tax Annual Amount 11753.48
-
Heating Natural Gas
-
Parking Features Yes,Garage Owned,Detached,Garage
-
Directions East of Notre Dame Park and South of Dempster St.
-
Zoning MULTI
Address
Open on Google Maps- Address 8707 N Oketo Avenue
- City Niles
- State/county IL
- Zip/Postal Code 60714
- Country United States
Overview
- Multi Family
- 5
- 2
- 1959
Mortgage Calculator
- Down Payment
- Loan Amount
- Monthly Mortgage Payment
- Property Tax
- Home Insurance
- PMI
- Monthly HOA Fees