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7400 N Milwaukee Avenue

Niles, IL 60714
  • $499,000
  • STATUS: Active
  • ON SITE: 6 Days
  • MLS #: 12302014
New On Site 6 Days Ago
UPDATED: 30 min ago
$499,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1965
County:
Area:

School Ratings & Info

Description

Overview Presenting 7400 N Milwaukee Ave - a newly remodeled, versatile flex space ideally situated on a high-traffic corner across from Niles Medical Center. Built originally in 1965 and completely upgraded in 2025, this retail/office/industrial property offers modern enhancements combined with exceptional visibility and accessibility. With a total of 3,200 square feet, this single-tenant space is perfect for businesses seeking a contemporary, flexible environment in a thriving community. Property Highlights Prime Location: Positioned on the corner of Milwaukee Ave and Jarvis Ave, this building benefits from a high vehicle count and excellent exposure. The close proximity to Niles Medical Center further enhances its appeal to a diverse clientele. Modern Renovations: Recently remodeled with significant upgrades including: Brand new furnace for improved efficiency Two newly installed bathrooms Upgraded electrical systems to meet modern business demands Fresh brick work and new windows enhancing both aesthetics and energy efficiency Flexibility and Potential: Zoned under code 593, this property offers versatile usage possibilities for retail, office, or light industrial purposes. The open layout provides an excellent canvas for customization, making it an attractive option for businesses looking to tailor their space. Additional Features: 12-foot ceilings creating a spacious and open feel 8 dedicated parking spaces Modified gross lease term available for 2-4 years Demographics & Market Opportunity The surrounding area is dynamic, with a growing population and robust economic indicators. The local market shows steady growth in household income and employment opportunities, making this location an ideal choice for businesses looking to thrive in a well-established community. Ideal For This property is perfectly suited for businesses that value: High visibility in a bustling urban environment Modern, upgraded facilities in a prime location Flexibility to adapt the space to a variety of commercial uses Whether you're looking to establish a retail outlet, an office hub, or a mixed-use facility, 7400 N Milwaukee Ave offers a compelling opportunity in one of Niles' most promising commercial corridors.

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or RE/MAX IMPACT. Based on information submitted to the MRED as of 2025-03-16T15:01:00.687 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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7400 N Milwaukee Avenue Niles, IL 60714

  • Price: $499,000
  • Status: Active
  • On Site: 6 Days
  • Updated: 30 min ago
  • MLS #: 12302014
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1965
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Overview Presenting 7400 N Milwaukee Ave - a newly remodeled, versatile flex space ideally situated on a high-traffic corner across from Niles Medical Center. Built originally in 1965 and completely upgraded in 2025, this retail/office/industrial property offers modern enhancements combined with exceptional visibility and accessibility. With a total of 3,200 square feet, this single-tenant space is perfect for businesses seeking a contemporary, flexible environment in a thriving community. Property Highlights Prime Location: Positioned on the corner of Milwaukee Ave and Jarvis Ave, this building benefits from a high vehicle count and excellent exposure. The close proximity to Niles Medical Center further enhances its appeal to a diverse clientele. Modern Renovations: Recently remodeled with significant upgrades including: Brand new furnace for improved efficiency Two newly installed bathrooms Upgraded electrical systems to meet modern business demands Fresh brick work and new windows enhancing both aesthetics and energy efficiency Flexibility and Potential: Zoned under code 593, this property offers versatile usage possibilities for retail, office, or light industrial purposes. The open layout provides an excellent canvas for customization, making it an attractive option for businesses looking to tailor their space. Additional Features: 12-foot ceilings creating a spacious and open feel 8 dedicated parking spaces Modified gross lease term available for 2-4 years Demographics & Market Opportunity The surrounding area is dynamic, with a growing population and robust economic indicators. The local market shows steady growth in household income and employment opportunities, making this location an ideal choice for businesses looking to thrive in a well-established community. Ideal For This property is perfectly suited for businesses that value: High visibility in a bustling urban environment Modern, upgraded facilities in a prime location Flexibility to adapt the space to a variety of commercial uses Whether you're looking to establish a retail outlet, an office hub, or a mixed-use facility, 7400 N Milwaukee Ave offers a compelling opportunity in one of Niles' most promising commercial corridors.
Exterior Features

Docks Depressed Exterior Building Type BrickBlockStone Foundation Details Concrete Perimeter Frontage Type City Street Outdoor Parking 6-12 Spaces Roof Membrane Roof Structure Flat

Interior Features

Cooling Central Air Flooring Concrete Heat Ventilation Central Bldg Heat Miscellaneous Inside Private Restroom/s Number Of TLDocks 0

Property Features

Additional Parcels YN Yes Building Area Total 3200 Current Use Commercial Electric Circuit BreakersService - 201 to 600 Amps Fire Protection Alarm Monitored Leasable Area 3200 Location CornerHigh Traffic Area Mls Actual Status Active Net Operating Income 0 Property Offered For Sale or Rent Property Sub Type Other Rental Price 17 Tax Annual Amount 4750 Tax Year 2022 Tenant Pays Insurance Type Retail/Stores Zoning COMMR

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Arc Red Inc Arc Realty Group: 708-715-2423.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or RE/MAX IMPACT. Based on information submitted to the MRED as of 2025-03-16T15:01:00.687 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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