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USAILNiles7400 N Milwaukee Ave
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7400 N Milwaukee Ave, Niles, IL

Real Estate

Sold

Listed price in listed location currency (USD).
$499,000
$499,000

000

MLS® 12302014

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $4,750
Approx. Age 1965
MLS® Number 12302014

Property Address: 7400 N Milwaukee Ave, Niles, IL, 60714-3708

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number12302014
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1965
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

Mar 29, 2025End Date
$499,000Sold Price

Sold

Mar 9, 2025List Date
$499,000List Price
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7400 N Milwaukee Ave, Niles, IL

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