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  • $650,000

    8726 N Elmore St, Niles, IL 60714

    7beds
    --sqft
    Multi Family
    Built in 1961
    -- sqft lot
    $787,400 Zestimate®
    $--/sqft
    $2,166 Estimated rent

    Home value

    $787,400

    $732,000 - $850,000

    $2,166/mo

    Zestimate® history
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    What's special

    Freshley paintedSpacious layoutsRecreational facilitiesOutdoor parking spacesNearby parksModern appliancesEasy access to transportation
    Welcome to 8726 N Elmore, a fantastic investment opportunity in the desirable neighborhood of Niles! This well-maintained 3-flat building offers multiple units, each with its own unique charm and excellent rental potential. The main floor and upstairs units feature spacious layouts, with both offering 3 bedrooms and 1.5 baths. These units are perfect for families or individuals seeking ample space and comfort. The well-appointed kitchens come equipped with modern appliances, plenty of cabinet storage, and space for a dining area. The garden unit is a cozy 1-bedroom, 1-bathroom space, ideal for a single tenant or a couple. With its own separate entrance, this unit offers privacy and tranquility. A standout feature of this property is the two-car garage, providing secure parking and additional storage space. Additionally, there are outdoor parking spaces available for residents and guests. Currently, the main floor has a signed lease to begin 8/1 for $1,950 per month as well as a garden unit lease for $1,100 per month through 7/31/24, offering an immediate return on investment. The remaining unit is freshley painted and ready for occupancy presenting an opportunity to further maximize rental income or an owner occupant. Located in Niles, this property benefits from a convenient location with easy access to transportation, dining, shopping, and entertainment options. Take advantage of the nearby parks, recreational facilities, and community amenities that make Niles a desirable place to live. Whether you're an investor looking for a profitable venture or a homeowner interested in owning a multi-unit property, 8726 N Elmore provides an excellent opportunity. Don't miss out on the chance to add this promising property to your portfolio. Schedule your showing today and explore the potential that this 3-flat building in Niles has to offer!

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Justin Greenberg 847-975-7658,

    Berkshire Hathaway HomeServices Chicago

    Bought with:

    Kathleen Andrews

    Berkshire Hathaway HomeServices Chicago

    Source: MRED as distributed by MLS GRID,MLS#: 11807491MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 5
    • Full bathrooms: 3
    • 1/2 bathrooms: 2
    Heating
    • Natural Gas, Radiant
    Appliances
    • Included: Multiple Water Heaters, Gas Water Heater
    Features
    • Basement: Unfinished,Partial

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage Door Opener, On Site, Garage Owned, Detached, Driveway, Owned, Garage
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Lot
    • Size: 6,534 sqft
    • Dimensions: 52X119
    Details
    • Parcel number: 09241000090000
    • Zoning: MULTI
    • Special conditions: None
    • Other equipment: Sump Pump

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Block, Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1961

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & neighborhood

    Location
    • Region: Niles

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/30/2023Sold$650,000+3.2%
    Source: MRED as distributed by MLS GRID #11807491 Report a problem
    7/27/2023Pending sale$629,900
    Source: Berkshire Hathaway HomeServices Chicago #11807491 Report a problem
    7/27/2023Contingent$629,900
    Source: MRED as distributed by MLS GRID #11807491 Report a problem
    7/21/2023Listed for sale$629,900+54.8%
    Source: MRED as distributed by MLS GRID #11807491 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    1/29/2020Listing removed$1,000
    Source: Owner Report a problem
    1/27/2020Price change$1,000-4.8%
    Source: Owner Report a problem
    1/25/2020Listed for rent$1,050
    Source: Owner Report a problem
    5/1/2015Sold$407,000-11.5%
    Source: MRED as distributed by MLS GRID #08858237 Report a problem
    3/12/2015Pending sale$459,900
    Source: Century 21 Elm Realtors #08858237 Report a problem
    3/12/2015Listed for sale$459,900
    Source: Century 21 Elm Realtors #08858237 Report a problem
    11/22/2014Listing removed$459,900
    Source: Century 21 Elm Realtors - IL #08729683 Report a problem
    10/8/2014Price change$459,900-4%
    Source: CENTURY 21 Elm Realtors #08729683 Report a problem
    9/19/2014Listed for sale$479,000
    Source: Century 21 Elm Realtors - IL #08729683 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $43,721
    2023$11,265 +4.4%$43,721 -2%
    2022$10,791 +18%$44,594 +41.5%
    2021$9,147 +5.7%$31,522
    2020$8,650 -0.9%$31,522 -13%
    2019$8,730 -17.3%$36,233 -8.4%
    2018$10,552 +1%$39,564
    2017$10,447 +7.2%$39,564
    2016$9,749 +23.8%$39,564 +35.1%
    2015$7,876 -8.6%$29,280 -11.8%
    2014$8,616 +1.8%$33,201
    2013$8,461 -12.1%$33,201 -23.1%
    2012$9,621 +4.7%$43,198
    2011$9,191 +1.3%$43,198
    2010$9,069 -0.2%$43,198 -7%
    2009$9,084 +1.7%$46,472 -12%
    2008$8,928 +1.8%$52,810
    2007$8,771 +24.2%$52,810 +34.3%
    2006$7,060 -4.8%$39,329 -5.5%
    2005$7,418 +2.7%$41,600
    2004$7,220 +27.3%$41,600 +30.8%
    2003$5,671 -0.2%$31,807
    2002$5,682 +4%$31,807
    2001$5,465 +1.1%$31,807 +8.5%
    2000$5,406 +1.2%$29,320
    1999$5,342 $29,320

    Find assessor info on the county website

    Neighborhood: Oak Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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
    $787,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $787,400