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$499,000
113 Days On Site

7400 N Milwaukee Avenue
Niles, IL 60714

For Sale|Retail|Active Under Contract
0
Beds
0
Total Baths
3,200
SqFt
$156
/SqFt
1965
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Arc Red Inc Arc Realty Group
Call Now: 847.967.0022
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847.967.0022
7400 N Milwaukee Avenue7400 N Milwaukee Avenue7400 N Milwaukee Avenue7400 N Milwaukee Avenue
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Overview Presenting 7400 N Milwaukee Ave - a newly remodeled, versatile flex space ideally situated on a high-traffic corner across from Niles Medical Center. Built originally in 1965 and completely upgraded in 2025, this retail/office/industrial property offers modern enhancements combined with exceptional visibility and accessibility. With a total of 3,200 square feet, this single-tenant space is perfect for businesses seeking a contemporary, flexible environment in a thriving community. Property Highlights Prime Location: Positioned on the corner of Milwaukee Ave and Jarvis Ave, this building benefits from a high vehicle count and excellent exposure. The close proximity to Niles Medical Center further enhances its appeal to a diverse clientele. Modern Renovations: Recently remodeled with significant upgrades including: Brand new furnace for improved efficiency Two newly installed bathrooms Upgraded electrical systems to meet modern business demands Fresh brick work and new windows enhancing both aesthetics and energy efficiency Flexibility and Potential: Zoned under code 593, this property offers versatile usage possibilities for retail, office, or light industrial purposes. The open layout provides an excellent canvas for customization, making it an attractive option for businesses looking to tailor their space. Additional Features: 12-foot ceilings creating a spacious and open feel 8 dedicated parking spaces Modified gross lease term available for 2-4 years Demographics & Market Opportunity The surrounding area is dynamic, with a growing population and robust economic indicators. The local market shows steady growth in household income and employment opportunities, making this location an ideal choice for businesses looking to thrive in a well-established community. Ideal For This property is perfectly suited for businesses that value: High visibility in a bustling urban environment Modern, upgraded facilities in a prime location Flexibility to adapt the space to a variety of commercial uses Whether you're looking to establish a retail outlet, an office hub, or a mixed-use facility, 7400 N Milwaukee Ave offers a compelling opportunity in one of Niles' most promising commercial corridors.

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Listing Snapshot
Price 
$499,000
Days On Site 
113 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,200 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1965
MLS® Number 
12302014
Status 
Active Under Contract
Property Tax 
$4,750
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
3 months agoStatus changed to Active Under Contract
4 months agoListing first seen on site
General Features
Additional Property Use 
Commercial
Foundation 
Concrete Perimeter
Number Of Stories 
1
Property Sub Type 
Retail
SqFt Total 
3200
Zoning 
COMMR
Interior Features
Cooling 
Central Air
Electric 
Circuit Breakers
Flooring 
Concrete
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Exterior Features
Construction Details 
BrickBlockStone
Roof 
Membrane
Community Features
MLS Area 
Niles
Listing Courtesy of MRED as distributed by MLS Grid of Arc Red Inc Arc Realty Group



Based on information submitted to the MLS GRID as of 2025-07-01 08:58 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-07-01 08:58 PM UTC
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Neighborhood & Commute
Source: Walkscore
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