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8 Properties Within 0.5 miles of: 8707 N Oketo, Niles
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8707 N Oketo
Niles, IL 60714

  • 5 Beds
  • Built In 1959
Price

$699,900

Est Payment
$4,373 / month (details)  
Taxes
$11,753  
Beds
5  
Rooms
14  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
58X125  
Built
1959  
Neighborhood
Niles  
MLS
#12554127
Status
Active (10 days)

Property Description

Exceptional Legal 2-unit brick building with a fully renovated, income producing non-conforming garden unit. Prime Niles location Ideal for Investors & Owner-Occupants alike. Located on a corner double lot (58 x 125) in a high-demand Niles location just off Dempster, this solid brick building offers three income-producing units, strong rental demand, and minimal future capital needs. All-brick construction adds durability, curb appeal, and long-term value. Unit 1 (1st Floor): 2 bedrooms, 1 full bath; fully remodeled a couple of years ago with a modern kitchen, quartz countertops, updated appliances, a new bathroom, and beautifully refinished hardwood floors. Unit 2 (2nd Floor): 2 bedrooms, 1 full bath; well maintained with freshly refinished hardwood floors. Garden Unit: 1 bedroom, 1 bath; fully renovated a couple of years ago, featuring a new kitchen, heated floors, and a new bathroom. The building is fully rented with one-year leases in place, providing stable, predictable income from day one. Tenants pay their own gas and electric in the main units, with garden unit utilities included for simplified management. The basement offers a shared laundry and utility room with additional storage space. Recent improvements include a brand-new boiler/heater and a new washer. A detached 2-car garage completes the property. Plenty of convenient street parking is also available for residents. Located in Niles' most desirable corridors, minutes from shopping, dining, parks, and transportation, this low-maintenance, income-producing property won't last long. Proof of funds required to schedule showings.

Property Map

Property Details

Utilities

  • Heating Natural Gas
  • Cooling
  • Water Lake Michigan
  • Sewer Public Sewer

Additional Information

Parking
2 Garage Spaces, Yes, Garage Owned, Detached, Garage
Schools
District 207, District 63

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

01-24-2026 Listed at $699,900
Last Modified 2/3/26 4:07 PM

Nearby Transportation

  • I 94 East 2.3 mi
  • I 94 West 2.5 mi
  • I 294 North 3.0 mi
  • I 294 South 3.1 mi
  • I 90 West 3.8 mi
  • I 90 East 3.9 mi
  • Hwy 41 North 4.2 mi
  • I 190 West 4.5 mi
  • I 190 East 4.6 mi
  • Hwy 41 South 4.8 mi
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