Listing provided courtesy of RCI Preferred RealtyMREDas Distributed by MLSGrid- MLS# 12592386
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Request Info6959 N Milwaukee AvenueNiles, IL 60714
Commercial · 10,000 Sq. ft.$2,950,000
Active
6959 N Milwaukee Avenue Overview
- Time on Site:
- 105 days
- Visits:
- 2
Great opportunity for Investor/Owner operator of this 2018-built, 10,000 sq ft bldg with 31 parking spaces! Fantastic stoplight corner of Milwaukee Ave/Harts Rd in booming Niles, IL. * The buildings sit on a 30,000+ sq ft lot with great exposure - 280-ft of frontage along Milwaukee Ave * This is a mixed-use property comprising two PIN #s and three income streams (Joe Donut restaurant, Panel Brick showroom/warehouse and 2BR apartment) * Restaurant is roughly 3,700 sq ft, sits 100 * Storefront is 2,500 sq ft with attached 2,510 2-story warehouse * Residential apartment is 2BR/1BTH roughly 1,000 sq ft * Covered storage space in rear is an additional 1,500 sq ft *** Sellers are open to extending leases, vacating upon sale or a combination thereof *** Property is located in desirable neighborhood with an excellent customer base in the city of Niles. * Please DO NOT DISTURB THE TENANTS *
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6959 N Milwaukee Avenue Facts & Features
- Type Commercial
- Sq. ft. 10,000
- Price/Sq.ft. $295
Details
General
Income/Expenses
- Other Expense: 1000
- Electric Expense: 1000
- Existing Lease Type: Net
- Fuel Expense: 0
- Gross Income: 229000
- Gross Scheduled Income: 229000
- Insurance Expense: 4000
- Net Operating Income: 217148
- Operating Expense: 57009
- Trash Expense: 0
- Water Sewer Expense: 1500
Building Information
- Year Built: 1966
Business Information
- Current Use: Commercial
Location/Region
- County Or Parish: Cook
- MLS Area Major: Niles
Rent/Lease Information
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Operating Stops, Taxes, Insurance, Repairs
Tax Information
- Tax Annual Amount: $45,158.97
- Tax Year: 2024
General Information
- Parcel Number: 10312060100000
- Possible Use: Commercial
- Property Sub Type: Mixed Use
- Property Type: Commercial Sale
- Zoning: COMMR
Interior
Building Information
- Office SqFt.: 2500
- Other SqFt.: 1050
- Retail SqFt.: 3700
- Warehouse SqFt.: 2500
Building Interior
- Building Area Total: 10000
General Information
- Cooling: Central Air
- Electric: Circuit Breakers
- Stories: 1
Exterior
Lot Information
- Additional Parcels: Yes
- Lot Size Dimensions: 228 x 128 x 226 x 122
- Lot Size Square Feet: 30126
- Water Source: Municipal Water
Building Exterior/Construction
- Construction Materials: Brick, Concrete
General Information
- Number Of Units Total: 3
- Utilities: Electric to Site,Natural Gas Available,Water Available
6959 N Milwaukee Avenue Neighborhood
Community
60714 (Niles) Demographics
48
Median Age
4,626
Population Density (per sq. mile)
44%
College Educated
$63,899
Estimated Median Income
8,467
Estimated Total Home Owners
2,672
Estimated Total Renters
76% / 24%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.6959 N Milwaukee Avenue Monthly Cost
6959 N Milwaukee Avenue Market Data
Based on the last 30 days in this zip code
$457,614
Average List Price
$312
Average Price per Square Foot
27
Properties Sold
29
Average Days on Market
62
Properties for Sale
6959 N Milwaukee Avenue History
| Date | Value | Agent |
|---|---|---|
| 3/21/2026Source: MRED | Active |
|
| 3/16/2026Source: MRED | March 16, 2026 |