Pending

$350,000

7642 N Osceola Ave, Niles, IL 60714

3beds

987sqft

$2,637/mo

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Single Family Residence

Built in 1954

5,662 Square Feet Lot

$-- Zestimate^®

$355/sqft

$-- HOA

What's special

Solid lot

Exceptional opportunity in one of the most desirable neighborhoods bordering Chicago. This long-time family-owned home sits on a quiet residential street surrounded by well-maintained homes, renovations, and new second-story additions. The property is being sold as-is. Opportunity for investors, builders, or buyers looking to fully renovate, expand, or build upward. Many homes in the area have been transformed into large modern two-story residences, making this an outstanding opportunity to create significant value. Property Highlights: -Highly sought-after neighborhood -Excellent school district -Convenient access to Chicago -Strong surrounding property values -Solid lot with outstanding redevelopment potential -Perfect candidate for full gut rehab or second-floor addition This is a rare chance to purchase in an established neighborhood where updated and expanded homes are in high demand. Serious inquiries only.

24 days

1,626

56

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Rooms

Room types: No additional rooms

Primary bedroom

Level: Main
Area: 117 Square Feet
Dimensions: 9X13

Bedroom 2

Level: Main
Area: 81 Square Feet
Dimensions: 9X9

Bedroom 3

Level: Main
Area: 110 Square Feet
Dimensions: 10X11

Dining room

Level: Main
Area: 99 Square Feet
Dimensions: 9X11

Kitchen

Level: Main
Area: 110 Square Feet
Dimensions: 10X11

Living room

Level: Main
Area: 156 Square Feet
Dimensions: 12X13

Heating

Natural Gas, Forced Air

Cooling

Central Air

Features

Basement: Unfinished,Full

Interior area

Total structure area: 0
Total interior livable area: 987 sqft

Property

Parking

Total spaces: 2
Parking features: Yes, Detached, Garage
Garage spaces: 2

Accessibility

Accessibility features: No Disability Access

Features

Stories: 1
Patio & porch: Deck

Lot

Size: 5,662 Square Feet
Dimensions: 47 x 133

Details

Parcel number: 09252070490000
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Brick, Frame
Foundation: Concrete Perimeter
Roof: Asphalt

Condition

New construction: No
Year built: 1954

Utilities & green energy

Sewer: Public Sewer
Water: Lake Michigan, Public

Community & HOA

HOA

Services included: None

Location

Region: Niles

Financial & listing details

Price per square foot: $355/sqft
Tax assessed value: $277,190
Annual tax amount: $3,971
Date on market: 7/2/2026
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/11/2026	Pending sale	$350,000$355/sqft
Source: MRED as distributed by MLS GRID #12694406 Report a problem
7/2/2026	Listed for sale	$350,000$355/sqft
Source: MRED as distributed by MLS GRID #12694406 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$3,972 +6.2%	$27,719 +0%
2023	$3,741 +3.7%	$27,718
2022	$3,608 +11.5%	$27,718 +67.3%
2021	$3,236 -21.5%	$16,572 -17.2%
2020	$4,122 -28.1%	$20,007 -30.2%
2019	$5,733 +45.9%	$28,672 +36.8%
2018	$3,928 +2.8%	$20,965
2017	$3,820 -12.5%	$20,965
2016	$4,367 +7.3%	$20,965 +12.8%
2015	$4,071 +2%	$18,587
2014	$3,990 -3.4%	$18,587 -4.5%
2013	$4,131 -20.1%	$19,470 -25%
2012	$5,170 +0.4%	$25,964
2011	$5,150 +11.3%	$25,964
2010	$4,626 -2.6%	$25,964 -12.5%
2009	$4,751 +28.1%	$29,676 -12%
2008	$3,710 -2.6%	$33,723
2007	$3,810 -1.2%	$33,723 +32.7%
2006	$3,855 +14.5%	$25,422
2005	$3,366 +5.8%	$25,422
2004	$3,180 -4.9%	$25,422 +26.9%
2003	$3,343 +3.3%	$20,028
2002	$3,236 +22.1%	$20,028
2001	$2,650 +1%	$20,028 +25.9%
2000	$2,622 +3%	$15,913
1999	$2,546	$15,913

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: Jonquil Terrace

Getting around

78 / 100

Very Walkable

45 / 100

Some Transit

56 / 100

Bikeable

Nearby schools

GreatSchools rating

10/10
Eugene Field Elementary School
Grades: K-5Distance: 0.6 mi
8/10
Emerson Middle School
Grades: 6-8Distance: 1.1 mi
10/10
Maine South High School
Grades: 9-12Distance: 2.5 mi

Schools provided by the listing agent

District: 64

Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.