Niles, IL 60714,6920 Rosemary Lane
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Niles, IL 60714,6920 Rosemary Lane
Niles, IL 60714,6920 Rosemary Lane
Niles, IL 60714,6920 Rosemary Lane
Niles, IL 60714,6920 Rosemary Lane
Listed by Paul Proanoof Coldwell Banker Commercial NRT
Bought with Tracy Tran of Coldwell Banker Realty

$1,150,000

Est. payment /mo

$1,200,000

4.2%
Est.Price: ?

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6920 Rosemary Lane Niles, IL 60714

6,300 SqFt

SOLD DATE : 11/26/2025

Key Details

Sold Price $1,150,000

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 6,300 sqft

Price per Sqft $182

MLS Listing ID 12479345

Sold Date 11/26/25

Year Built 1962

Annual Tax Amount $19,131

Tax Year 2023

Lot Dimensions 50X161

Property Sub-Type Multi Family 5+

Property Description

This well-maintained, freestanding brick six-unit building offers investors a stabilized, turnkey opportunity in the heart of Niles. Ideally located just off Milwaukee Avenue and within minutes of public transportation, shopping, dining, and major highways, the property benefits from strong tenant demand and long-term market fundamentals. The building features five (5) two-bedroom, one-bath apartments and one (1) garden-level one-bedroom, one-bath apartment, providing a practical and desirable unit mix that appeals to a broad tenant base. Significant capital improvements have been completed to ensure durability and efficiency, including a new roof installed in 2019, vinyl windows replaced in 2019, a newer water heater and boiler (approximately five years old), and safety enhancements throughout the property such as emergency lighting, fire extinguishers, and exit signage. These updates minimize near-term capital expenditures while supporting reliable operations.

Location

State IL

County Cook

Zoning MULTI

Rooms

Basement Partially Finished

Interior

Cooling Window Unit(s)

Fireplace Y

Exterior

View Y/N true

Building

Foundation Concrete Perimeter

Structure Type Brick,Concrete

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Midwest Real Estate Data (MRED) VOW
Olga Vega

Olga Vega

Managing Broker | License ID: RB14047917

+1(219) 588-9494

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