6920 Rosemary Lane, Niles, IL

$1,200,000

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About 6920 Rosemary Lane

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.

Features of 6920 Rosemary Lane

MLS® # 12479345
Price $1,200,000
Bathrooms 0.00
Acres 0.00
Year Built 1962
Type Commercial Sale
Sub-Type Multi Family 5+
Status Contingent

Community Information

Address 6920 Rosemary Lane
Area Niles
City Niles
County Cook
State IL
Zip Code 60714

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Window Unit(s)
Fireplace No
Has Basement Yes
Basement Partially Finished

Exterior

Exterior Brick, Concrete
Foundation Concrete Perimeter

Additional Information

Days on Market 21
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Commercial NRT
Contact Info312-860-4043

Listing Map

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