6954 W Touhy Ave, Niles, IL, 60714

6954 W Touhy Ave Niles, IL 60714

6954 W Touhy Ave, Niles, IL, 60714
6954 W Touhy Ave, Niles, IL, 60714 6954 W Touhy Ave, Niles, IL, 60714 6954 W Touhy Ave, Niles, IL, 60714 6954 W Touhy Ave, Niles, IL, 60714 6954 W Touhy Ave, Niles, IL, 60714
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$699,000
Last Verified:
Aug 23, 2024

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Description

Introducing a prime investment opportunity in Niles, IL. This 5,740 SF office building, constructed in 1979, features 10 units, offering a versatile space for diverse tenants. With its well-maintained interior and exterior, the property presents a solid foundation for immediate leasing potential. The strategic location provides convenient access to major transportation routes, ensuring seamless connectivity for tenants and clients. Ample parking and a professional, polished facade further enhance the property's appeal as a desirable office space. From its successful track record to its potential for future growth, this property stands as a lucrative prospect for office building investors seeking a solid asset in the thriving Niles area.

Discover the vibrant community surrounding this prime location in Niles, IL. With its close proximity to retail centers like Golf Mill Shopping Center and Westfield Old Orchard, the area offers a dynamic blend of amenities for tenants and employees. Explore a variety of dining options, from casual eateries to upscale restaurants, perfect for client meetings or team lunches. The area also boasts convenient access to recreational parks and golf courses, providing an ideal balance between work and leisure. With its strategic position in a bustling commercial district, this property presents a compelling investment opportunity for prospective office building investors seeking a well-connected and prosperous locale.


Year Built: 1979
Building Size: 5740sq ft
Building Class: C
Lot Size: 0.29 acres


Documents

JCOMM_MP_6954WTouhy_Public.pdf

Map of 6954 W Touhy Ave, Niles, IL, 60714

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.