Nestled in a tranquil neighborhood on a picturesque, tree-lined street, this charming 3-bedroom, 2.5-bathroom brick ranch is a true gem. The inviting living room flows seamlessly into the dining area, creating a perfect space for gatherings and entertaining. The kitchen features an eat-in area with a large window and an exterior door, allowing for plenty of natural light. Hardwood floors grace many of the rooms, adding warmth and elegance. The finished basement is a standout feature, boasting a spacious recreation room with a second kitchen, ideal for entertaining. It also includes a luxurious full bathroom with a jetted tub, a versatile finished room with French doors that can be used as an office, and a large laundry room equipped with a workbench. Outside, the property offers a 2-car detached garage, raised garden beds, and a fenced backyard, perfect for outdoor activities and gardening. Convenience is key with the Niles Free Bus just a few blocks away, providing easy access to numerous Niles locations. Additionally, the home is close to parks, shopping, restaurants, and transportation. This delightful home is easy to show and ready for you to make it your own.
Closed
$395,000
8507 N Olcott Ave, Niles, IL 60714
3beds
1,289sqft
Single Family Residence
Built in 1959
6,468 Square Feet Lot
$533,700 Zestimate®
$306/sqft
$2,915 Estimated rent
Home value
$533,700
$502,000 - $571,000
$2,915/mo
Zestimate® history
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$2,805/mo
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Zillow last checked:
Listing updated:
Listed by:
Sharon Lynch, CSC 847-471-1984,
@properties Christie's International Real Estate
Bought with:
Cecille Plurad
Coldwell Banker Realty
Source: MRED as distributed by MLS GRID,MLS#: 12074293
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Recreation Room, Office
Primary bedroom
- Features: Flooring (Carpet)
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12X11
Bedroom 2
- Features: Flooring (Hardwood)
- Level: Main
- Area: 108 Square Feet
- Dimensions: 12X9
Bedroom 3
- Features: Flooring (Hardwood)
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12X10
Kitchen
- Features: Kitchen (Eating Area-Table Space)
- Level: Main
- Area: 90 Square Feet
- Dimensions: 9X10
Laundry
- Level: Basement
- Area: 220 Square Feet
- Dimensions: 20X11
Living room
- Features: Flooring (Carpet)
- Level: Main
- Area: 342 Square Feet
- Dimensions: 18X19
Office
- Level: Basement
- Area: 150 Square Feet
- Dimensions: 10X15
Recreation room
- Level: Basement
- Area: 580 Square Feet
- Dimensions: 29X20
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Dishwasher, Refrigerator, Washer, Dryer
Features
- Flooring: Hardwood
- Basement: Finished,Rec/Family Area,Full
Interior area
- Total structure area: 0
- Total interior livable area: 1,289 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener, On Site, Garage Owned, Detached, Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1
Lot
- Size: 6,468 Square Feet
- Dimensions: 49 X 132
Details
- Parcel number: 09242030170000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick
Condition
- New construction: No
- Year built: 1959
Details
- Builder model: RANCH
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Services included: None
Location
- Region: Niles
Financial & listing details
- Price per square foot: $306/sqft
- Tax assessed value: $330,000
- Annual tax amount: $6,489
- Date on market: 8/2/2024
- Listing terms: FHA
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 12/1/2025 | Listing removed | $2,975$2/sqft |
Source: MRED as distributed by MLS GRID #12497430 Report a problem | ||
| 10/16/2025 | Listed for rent | $2,975-7%$2/sqft |
Source: MRED as distributed by MLS GRID #12497430 Report a problem | ||
| 7/30/2025 | Listing removed | $3,200$2/sqft |
Source: MRED as distributed by MLS GRID #12385732 Report a problem | ||
| 6/7/2025 | Listed for rent | $3,200$2/sqft |
Source: MRED as distributed by MLS GRID #12385732 Report a problem | ||
| 11/8/2024 | Sold | $395,000-2.4%$306/sqft |
Source:  MRED as distributed by MLS GRID #12074293 Report a problem | ||
| 9/27/2024 | Pending sale | $404,900$314/sqft |
Source: MRED as distributed by MLS GRID #12074293 Report a problem | ||
| 9/6/2024 | Contingent | $404,900$314/sqft |
Source: MRED as distributed by MLS GRID #12074293 Report a problem | ||
| 8/31/2024 | Price change | $404,900-4.7%$314/sqft |
Source: MRED as distributed by MLS GRID #12074293 Report a problem | ||
| 8/2/2024 | Listed for sale | $424,900+63.4%$330/sqft |
Source: MRED as distributed by MLS GRID #12074293 Report a problem | ||
| 4/22/2015 | Sold | $260,000$202/sqft |
Source: Public Record Report a problem | ||
| 12/12/2014 | Sold | $260,000-6.8%$202/sqft |
Source: Agent Provided Report a problem | ||
| 12/3/2014 | Pending sale | $279,000$216/sqft |
Source: Berkshire Hathaway HomeServices KoenigRubloff Realty Group #08788450 Report a problem | ||
| 11/20/2014 | Listed for sale | $279,000$216/sqft |
Source: Berkshire Hathaway HomeServices KoenigRubloff Realty Group #08788450 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $33,000 +0% |
| 2023 | $6,957 +7.2% | $32,999 |
| 2022 | $6,489 +13.6% | $32,999 +28.4% |
| 2021 | $5,712 +3.6% | $25,700 |
| 2020 | $5,513 -10% | $25,700 -18.8% |
| 2019 | $6,127 -4.8% | $31,634 +4.2% |
| 2018 | $6,437 +0.5% | $30,348 |
| 2017 | $6,402 -0.2% | $30,348 |
| 2016 | $6,416 +5.4% | $30,348 +11.8% |
| 2015 | $6,086 +3.3% | $27,146 |
| 2014 | $5,894 +2.3% | $27,146 |
| 2013 | $5,761 -4.4% | $27,146 -13.5% |
| 2012 | $6,026 +1.3% | $31,373 |
| 2011 | $5,950 +10.3% | $31,373 |
| 2010 | $5,394 +0.9% | $31,373 -9.1% |
| 2009 | $5,344 +8.7% | $34,498 -12% |
| 2008 | $4,918 +18.6% | $39,203 |
| 2007 | $4,147 -2.7% | $39,203 +20.8% |
| 2006 | $4,263 -0.4% | $32,461 |
| 2005 | $4,281 +0% | $32,461 |
| 2004 | $4,280 +6.8% | $32,461 +33.4% |
| 2003 | $4,007 +95.3% | $24,337 |
| 2002 | $2,052 -33.1% | $24,337 |
| 2001 | $3,068 +0.9% | $24,337 +24% |
| 2000 | $3,042 +1.8% | $19,631 |
| 1999 | $2,988 | $19,631 |
Find assessor info on the county website
Neighborhood: The Terrace
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Nearby schools
GreatSchools rating
- 7/10Melzer SchoolGrades: K-5Distance: 1.2 mi
- 7/10Gemini Middle SchoolGrades: 6-8Distance: 1.4 mi
- 10/10Maine East High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- High: Maine East High School
- District: 63
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.
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Estimated market value
$533,700
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Estimated market value
$533,700
- Illinois
- Cook County
- Niles
- 60714
- The Terrace
- 8507 N Olcott Ave
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