CLOSED - MULTI-FAMILY
8401-8407 W. Dempster St. Niles, IL 60714
PRICE
$2,095,000
NUMBER OF UNITS
21
PROPERTY LISTED

Essex Realty Group, Inc. is proud to exclusively market for sale 8401-07 W. Dempster St. The subject property is a 21-unit California style apartment building located in Niles. The unit mix includes seventeen (17) 1 Bd/1 Ba & four (4) 2 Bd/1 Ba units.

The building has been owned by the same family for over 40 years and has been kept in phenomenal condition. The units include hardwood, tile and carpet floors, white appliances and hot water baseboard heat. The building also features twenty-one (21) private storage lockers and twenty-seven (27) exterior parking spaces.

LOCATION DETAILS

8401-07 W. Dempster Ave. is situated on the Southwest corner of Dempster St. and Cumberland Ave. The subject property is conveniently located within 2.0 miles from the Dee Road Metra Stations, 1.5 miles from the I-294 highway and 1 mile from Milwaukee Avenue allowing for easy access to the City, O’Hare and the surrounding suburbs.

HIGHLIGHTS
  • Meticulously maintained investment property located in a phenomenal suburban market
  • Owned by the same family for over 40 years
  • Significant rental upside in "as-is" condition
  • **Essex generated 25 tours and 10 offers in only 1 week of marketing the property
  • **Sold for six-figures over the asking price
LISTING BROKER
Managing Director
224.305.4102