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Off market
  • $358,200

    216 E North Ave, Northlake, IL 60164

    --beds
    --baths
    2,853sqft
    Other
    Built in ----
    6,000 Acres Lot
    $358,200 Zestimate®
    $126/sqft
    $2,661 Estimated rent

    Home value

    $358,200

    $322,000 - $398,000

    $2,661/mo

    Zestimate® history
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    $2,552/mo

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    What's special

    Prime Northlake Investment Opportunity with High Visibility and Diverse Income Streams; This exceptional property on North Ave. in Northlake boasts a prime location with high traffic daily, ensuring exceptional visibility for your business. Mixed in close proximity many industrial and residential homes to benefit from the services offered here. Currently features a mix of established tenants - a hair and nail salon, pizza and Italian restaurant, and a leased 2 bedroom apartment - providing a diversified income stream and a wealth of options for future use. The brick beautiful building features large windows offering an abundance of natural light. Newer Roof and Hot Water Heaters. The space is both attractive and unique. Restaurant boasts an updated entry with seating area, order window and efficient kitchen with all the kitchen equipment staying (Walk-in refrigerator and 2 uprights, 4 freezers, large pizza ovens, oven/stove, large dough mixer, storage units, & more). Well Established business with same owners for 38 years! Salon operated by renters offers a large open area with private bath, and storage area which can be opened up to expand the restaurant. Enjoy tenant income or open up to extend restaurant seating area. Spacious 2 bedroom 1 bath apartment in the back enjoys the beautiful yard with covered patio currently rented boasts gleaming hardwood floors, retro cabinets and counters in eat in kitchen and bath. ALL units have Separate Water, Gas and Electric allows independent utility management. Abundance of storage in the Full basement with exterior entrance. Ample on-site parking makes this a perfect choice for businesses seeking a convenient high-traffic location. This incredible property won't last long! Don't miss your chance to invest in a prime location with established business with additional rental income or bring your creativity and the options could be endless! Owners Retiring and will look at all Serious Offers!!!!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Source: HomeSmart,MLS#: 12278002MLS Logo

    Facts & features

    Interior

    Interior area
    • Total structure area: 2,853
    • Total interior livable area: 2,853 sqft

    Property

    Lot
    • Size: 6,000 Acres
    Details
    • Parcel number: 1232328015

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Other

    Community & HOA

    Location
    • Region: Northlake

    Financial & listing details

    • Price per square foot: $126/sqft
    • Tax assessed value: $239,260
    • Annual tax amount: $8,136
    • Date on market: 6/26/2025
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    7/7/2025Listing removed$725,000$254/sqft
    Source: HomeSmart #12278002 Report a problem
    7/1/2025Price change$725,000-3.3%$254/sqft
    Source: HomeSmart #12278002 Report a problem
    6/26/2025Listed for sale$749,900$263/sqft
    Source: HomeSmart #12278002 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$8,136 -1.1%$23,926
    2023$8,223 -7.6%$23,926
    2022$8,901 +4.9%$23,926 +17.2%
    2021$8,486 +5.4%$20,407
    2020$8,054 -8.5%$20,407 -14.2%
    2019$8,801 -0.2%$23,785 +6.6%
    2018$8,815 -0.3%$22,304
    2017$8,845 +2.8%$22,304
    2016$8,601 +5%$22,304 +10.1%
    2015$8,195 +1.8%$20,251
    2014$8,048 +5.9%$20,251
    2013$7,597 -12.2%$20,251 -18.2%
    2012$8,650 +4.3%$24,742
    2011$8,291 +5.1%$24,742
    2010$7,886 -27.2%$24,742 -31.2%
    2009$10,831 +2.9%$35,984 -12%
    2008$10,524 -12.6%$40,892 -18.7%
    2007$12,040 +68.6%$50,288 +74%
    2006$7,141 +3.6%$28,900
    2005$6,895 +2.2%$28,900
    2004$6,748 -14.2%$28,900 -12.6%
    2003$7,865 +8.4%$33,068
    2002$7,258 -46.1%$33,068 -5.4%
    2001$13,464 +4.1%$34,948 -42%
    2000$12,934 +3%$60,209
    1999$12,561 $60,209
    Find assessor info on the county website

    Neighborhood: 60164

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $358,200
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    Estimated market value
    $358,200