Sold
Last Sold Price
11 beds
7827 Niles Center Rd, Skokie, IL 60077
Multi FamilyProperty Type
7,544 sq ftLot Size
1958Year Built
10 carsParking Spaces

Description

Super brick 8 flat building features 5-1 bedrooms and 3-2 bedrooms in great Skokie location. Newer boiler. Some windows replaced. Outside parking in the back of the building. Excellent rental area. Long time owner has kept rents below market. Great opportunity to increase income. nice building at a reasonable price.Super brick 8 flat building features 5-1 bedrooms and 3-2 bedrooms in great Skokie location. Newer boiler. Some windows replaced. Outside parking in the back of the building. Excellent rental area. Long time owner has kept rents below market. Great opportunity to increase income. nice building at a reasonable price.

    Sold By Ollus Realty & Investment Group

    • Listed by: Marc Perlove 847.845.8908 marcperlove@gmail.com • RE/MAX Villager
    • Listed by: Eric Shoemaker 847.840.4723 eric.shoemaker08@gmail.com • RE/MAX Villager
    Listing closed: 08/19/2020 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 10708420

    Recent comparable sales

    Median sold price

    $825,000

    Skokie, IL

    9 comparable properties found

    1

    $1,100,000

    Sold 03/28/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    Unavailable
    Acres
    2

    $975,000

    Sold 10/23/24

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    Unavailable
    Acres
    3

    $825,000

    Sold 12/12/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    5,950
    Square Feet
    0.11
    Acres
    4

    $825,000

    Sold 02/03/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    4,845
    Square Feet
    Unavailable
    Acres
    5

    $795,000

    Sold 06/02/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    Unavailable
    Acres
    6

    $950,000

    Sold 08/05/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    Unavailable
    Acres
    7

    $753,000

    Sold 03/26/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    Unavailable
    Acres
    8

    $780,000

    Sold 10/28/24

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    5,080
    Square Feet
    Unavailable
    Acres
    9

    $900,000

    Sold 12/19/24

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.30
    Acres

    Location

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    $6,768 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $5,235

    Property Taxes

    $1,532

    HOA Dues

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    Property Information for 7827 Niles Center Road

    Property Details
    • Taxes: $18,386 / year
    • MLS Type: Multi Family 5+ / Multi Family 5+-Other
    • County: Cook County
    • Area: Skokie
    • Township: Niles
    • Air Conditioning Type: Window Unit(s)
    • Num of Interior Fireplaces: 0
    • Zoning: MULTI
    Building Information
    • Stories: 3
    • Residences: 8
    • Year Built: 1958
    • Lot Size: 0.17 AC / 7,544 SF
    General Information
    Addtl Parking Information
    • Outdoor Parking: 6-12 Spaces
    Location and General Information
    • Information: List Broker Must Accompany
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Air Conditioning: Window Unit(s)
    • # Of Washers: 1
    • Heat/Ventilation: Baseboard
    • # Of Window/Ac: 8
    • # Of Refrigerators: 8
    • Washer/Dryer Lsd: No
    • Misc Inside: Storage Inside
    • # Of Dryers: 1
    • # Of Disposals: 0
    • # Of Dishwashers: 0
    • Num of Baths: 0.0
    Property/Lot Information
    • Owners Association: No
    • Tenant Pays: Electricity
    • Built Before 1978: Yes
    • Approximate Age: Older
    • Multi-Family Type: Other
    • Lot Dimensions: 7544 SF
    • Lot Size Square Feet: 7544.0
    • Stories: 3
    • Exterior Building Type: Brick
    • Construction: Brick
    • Roof Structure: Flat
    • Foundation Details: Concrete Perimeter
    • # Of Ranges: 8
    • Conversion: N
    • MRD_UNC: No
    Property and Assessments
    • Possible Use: Multi-Family
    • Public Document Count: 2
    • Document Date: 2020-05-08T18:02:38
    • Photos Count: 2
    • Deconversion: N
    Miscellaneous
    • Current Use: Multi-Family
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    • Virtual Tour Date: 05-08-2020
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 8
    Income & Expenses
    • Electric Expense: $.00
    • Fuel Expense: $3,200.00
    • Gross Income: $100,560.00
    • Gross Scheduled Income: $101,760.00
    • Insurance Expense: $2,550.00
    • Maintenance Expense: $.00
    • Expense Year: 2019
    • Total Annual Expense Source: Actual
    • Fuel Expense Source: Combination
    • Insurance Expense Source: Actual
    • Janitor Expense: 0
    • Net Operating Income Year: 2019
    • Trash Expense Source: Actual
    • Total Monthly Income: 8480
    • Water Expense Source: Actual
    • Net Operating Income: $73,736.00
    • Operating Expense: $28,024.00
    • Other Expense: $.00
    • Trash Expense: $617.00
    • Water Sewer Expense: $3,271.00
    Unit 1
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 1
    • Unit Type Units Total: 3
    • # Of Rooms - Unit 1: 4
    • # Of Full Bthrms - Type 1: 1
    • Monthly Income - 1: 1110
    Unit 2
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 1
    • Unit Type Type: Unit 2
    • Unit Type Units Total: 5
    • # Of Rooms - Unit 2: 3
    • # Of Full Bthrms - Type 2: 1
    • Monthly Income - 2: 960
    Unit 3
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 3
    • Unit Type Units Total: 0
    • # Of Rooms - Unit 3: 0
    • Monthly Income - 3: 0
    Unit 4
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 4
    • Unit Type Units Total: 0
    • # Of Rooms - Unit 4: 0
    • Monthly Income - 4: 0
    Unit 5
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 5
    • Unit Type Units Total: 0
    • # Of Rooms - Unit 5: 0
    • Monthly Income - 5: 0
    Unit 6
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 6
    • Unit Type Units Total: 0
    • Monthly Income - 6: 0
    Unit 7
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 7
    • Unit Type Units Total: 0
    • # Of Rooms - Unit 7: 0
    • Monthly Income - 7: 0

    Property History for 7827 Niles Center Road

    DateEvent & SourcePriceAppreciation
    Aug 19, 2020

    Sold

    MRED #10708420

    $1,030,000
    Aug 18, 2020

    Sold (Public Record)

    Public Record #683932052

    $1,030,000
    Jun 8, 2020

    Pending

    MRED #10708420

    DateEvent & SourcePrice
    08/19/2020

    Sold

    MRED #10708420

    $1,030,000
    08/18/2020

    Sold (Public Record)

    Public Record #683932052

    $1,030,000
    06/08/2020

    Pending

    MRED #10708420

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 7827 Niles Center Road

    Taxable ValueLand$18,106Additions$74,954Total$93,060
    Tax Record2023$29,024 ($2,419 / month)
    Home Facts
    Lot Size7,544 SqFtStyleMulti-Family Res (5+ Units)Year Built1958CountyCOOKAPN10-28-210-042

    Schools near 7827 Niles Center Road

    This home is within Skokie School District 69.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 2
    Public - 3 to 5
    Public - 6 to 8
    Public - 9 to 12
    Rating
    School
    Distance
    Madison Elementary School
    PublicPK to 2

    Thomas Edison Elementary School
    Public3 to 5

    Lincoln Jr High School
    Public6 to 8

    Niles Central
    Public9 to 12

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

    Neighborhood Map and Transit

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    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of RE/MAX Villager

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 05/05/2021 09:18 AM. 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.