6920 N. Rosemary Lane, Niles, IL

Multi-family for Sale - $1,200,000 - 6,300 Sq. Ft. on 8293 acres


Agent Info

Paul Proano
Coldwell Banker Realty

Property Info

CIMLS#1181879
Location
  6920 N. Rosemary Lane
  Niles IL 60714
UpdatedNovember 19th, 2025
TypeMulti-family
Price$1,200,000
Building6,300 Sq. Ft.
Land8293 acres

Property Description

The Proano Commercial Group is pleased to present 6920 N Rosemary Lane which is a well-maintained, freestanding brick 6-flat in the heart of Niles, offering investors a stabilized, turnkey opportunity in a consistently strong suburban rental market. Located just off Milwaukee Avenue and minutes from public transportation, retail, dining, and major highways, the property benefits from excellent tenant demand and long-term market fundamentals.

The building consists of five (5) two-bedroom / one-bath units and one (1) garden one-bedroom / one-bath unit, providing a practical and appealing unit mix that attracts a broad tenant base.

Ownership has invested in key capital improvements, including a new roof (2019), vinyl windows (2019), a newer water heater and boiler (approx. 5 years old), and building-wide safety enhancements such as emergency lighting, fire extinguishers, and exit signage. These improvements reduce near-term capital expenditures and ensure operational efficiency.


Financials



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