Katie Coogan Real Estate Team

8801-11 North Milwaukee Avenue
NILES, IL 60714

Active

$1,975,000

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  • 1970 Year Built

  • 11/1/2017 List Date

  • 8,800 Bldg Sq Feet

Great Investment/Owner User /Redevelopment Opportunity...Very Busy Location... Corner of Milwaukee & Dempster ...Signalized Intersection with Over 42,000 Vehicles Per Day... Currently Operating 4,000 SF Restaurant and Banquet Hall with 230 Seating Capacity, Full Kitchen, 4 Am Liquor License, Turn Key Operation.. Adjacent Building also Included 4,800 SF Retail Building with Two Tenants Generating Income... Seller can also Lease-Back ..Video Gaming Not Included in Asking Price..Sold Separately.. Call For More Details .. Approximately 1 Acre Site... C-4 Zoning Mixed-Use District ...Commercial Retail/Office/Medical/and Residential Redevelopment Opportunity ... Confidential Listing...
MLS#
09791593
Property Type
Commercial
original price
$2,150,000
price change
$175,000 ( 8.1%)

Additional Details

Exterior

This listing 8801-11 North Milwaukee Avenue Niles, Il 60714 is a retail/stores listing on a lot of 40,000 sqft 8801-11 North Milwaukee Avenue was built in 1970. 8801-11 North Milwaukee Avenue is located in Niles and in ZIP Code 60714. It has been listed on our site since 11/1/17.

Presented by

Katie Coogan

  • Office 847.446.1855
  • Cell 847.951.9515

Listing Office

RE/MAX 10

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Niles

Niles

Nestled along the Chicago River, Niles is a picture-perfect suburb with equally picturesque homes. From cozy Colonial houses to pristine parks to the 94-foot Leaning Tower of Niles, this northern village offers plenty of character. With multiple shopping centers, theaters, and eclectic restaurants, Niles residents never lack for daytime entertainment. Niles provides unique atmosphere and mus...

*Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.

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