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30918582
30918583

8130 N Milwaukee Avenue, Niles, IL 60714

Troy Companies
Listed by Troy Companies
$529,000
104 days on market
Updated 6 days ago

8130 N Milwaukee Avenue

Details
APN 09243150080000
Property Type Office
Sub Type Traditional Office, Other (+1)
Square Footage 3,000
Units 1
NOI $20,000
Occupancy 60%
Tenancy Multi
Lease Type Gross
Lease Expiration 06/18/2026
Year Built 1976
Year Renovated 2015
Buildings 1
Lot Size (SqFt) 3,125
Zoning COMMR
Investment Type Owner/User

Office | 3,000 SqFt

Marketing description

Freestanding commercial building on highly visible Milwaukee Avenue near the Oakton Street commercial corridor. Approximately 2,800 SF situated on a wide lot with approximately 8 on-site parking spaces. Strong exposure with approximately 27,000 vehicles per day. Ideal for retail, service, medical, or professional office use (subject to zoning). Brick construction with excellent street presence and convenient customer parking. Currently configured as multi-office layout (buildout in 2009) with conference room, kitchen, and restrooms. Flexible interior allows for retail or service reconfiguration. Month-to-month occupancy provides flexible delivery options. Offered at $529,000. Showings by appointment only.

Investment highlights

Owner-User or Investor

M/M sub-lease

Sale w/option

Owner/tenants can vacate

Recently renovation done

Build 2020

Parking

High traffic

Post Board Sign

Possible additional income

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Listing Contacts

Troy Companies
Listed by Troy Companies

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$20,000.00
$1,666.67/mo

Valuation Metrics

0
DSCR
3.78%
Cap Rate
3.78%
ROI

Map

Zoning

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C-3 CommercialSpecial CommercialMilwaukee Avenue Form Based
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Last updated Mar 6, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Andrzej "Andrew" Olszowka
License
IL476.160900
Brokerage
ARC Red, Inc. ARC Realty Group
Brokerage Phone
7734474767
Title
Real Estate Broker
Brokerage Address
5201 North Harlem Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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