SOLD FEB 2, 2026

Off market feb 2026 for $1.5M

—

Est. refi paymentEst. refi $4,376/mo

•

9 ba

•

—

sq ft

7554 N Waukegan Rd, Niles, IL 60714

About this home

Fantastic opportunity to own a well-maintained 9-unit building in a prime Niles location! Situated near major shopping corridors, public transportation, parks, restaurants, and essential amenities, this property offers both convenience and strong tenant appeal. The building is occupied by long-term tenants and provides outstanding upside potential, with current rents well below market. Extensive building improvements deliver peace of mind for investors. Roof and gutters were replaced in 2020, new copper plumbing lines were installed in 2020, and windows were updated in 2019. Electrical upgrades include building-wide panel work and an individual breaker box for Unit 2W completed in 2018. A newer water heater further enhances the mechanical reliability. Interior features include hardwood floors throughout all units and individual storage lockers for each apartment. The shared laundry room offers coin-operated machines, with the washer recently replaced. Unit 1C underwent a complete renovation in 2021 and presents beautifully. Heating is provided by baseboard heat in all units, while Unit 2W features a split AC/heat system installed in 2019, with the tenant paying for heat. Eight on-site parking spaces offer additional convenience and rental appeal. With its excellent location, solid building improvements, long-term tenant base, and clear value-add potential, this property represents a dependable and compelling investment in a high-demand rental market.

Multi-familyProperty Type

1964Year Built

7,840 sq ftLot Size

Listed by Yvonne Stachyra • Wesley Realty Group

Bought with Sean Derrig • FairGreen Real Estate LLC

Redfin checked: a minute ago

•Source:MRED as Distributed by MLS Grid #12524774

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 60714, IL

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

99.5%

0.0% MoM

Median sale price

$417K

$6K MoM

Avg. days on market

55d

6 days MoM

Recently sold homes

7 MoM

New listings for sale

NEW
$279,900
1 bed1 bath850 sq ft
7061 W Touhy Ave #710, Niles, IL 60714
NEW 15 HRS AGO
$269,900
2 beds2 baths1,539 sq ft
8809 W Golf Rd Unit 9I, Niles, IL 60714
NEW
$379,000
3 beds2 baths1,436 sq ft
8303 N Washington St, Niles, IL 60714
LISTED BY REDFIN
$455,000
3 beds2.5 baths1,520 sq ft
7837 N Nora Ave, Niles, IL 60714
$1,125,000
4 beds4 baths3,750 sq ft
8201 N Wisner St, Niles, IL 60714
$418,500
3 beds1.5 baths1,717 sq ft
9025 N Greenwood Ave, Niles, IL 60714
$379,000
2 beds2 baths1,409 sq ft
7071 W Touhy Ave #408, Niles, IL 60714
$394,500
2 beds2 baths1,488 sq ft
6807 N Milwaukee Ave #302, Niles, IL 60714
$240,000
1 bed1 bath950 sq ft
8801 Golf Rd Unit 11C, Niles, IL 60714
$389,000
2 beds2 baths1,400 sq ft
7450 N Waukegan Rd #309, Niles, IL 60714
See all

Provided by Redfin

Sale history for 7554 N Waukegan Rd

Date

Event

Price

MRED as Distributed by MLS Grid #12524774

Feb 2, 2026

Sold (MLS) (Closed)

$1,575,000

Dec 14, 2025

Contingent (Contingent - No Showings)

—

Dec 14, 2025

Relisted (Active)

—

Dec 8, 2025

Listing Removed

—

Dec 1, 2025

Listed (Active)

$1,475,000

Public Records

Jun 12, 2009

Sold

$815,000

MRED as Distributed by MLS Grid #07159042

May 23, 2009

Listing Removed

—

May 4, 2009

Contingent

—

Mar 17, 2009

Contingent

—

MRED as Distributed by MLS Grid #07028163

Mar 12, 2009

Listing Removed

—

MRED as Distributed by MLS Grid #06934323

Sep 19, 2008

Listing Removed

—

Join or sign in to view all info

Year

Property tax

Land + Additions

Assessment*

2023

$12,598 (+6.7%)

$12,454 + $77,346

$89,800

2022

$11,811 (−12.1%)

$12,454 + $41,776

$54,230

2021

$13,439 (+5.5%)

$12,454 + $41,776

$54,230

2020

$12,735 (+11.1%)

$12,454 + $41,776

$54,230

2019

$11,465 (+14.3%)

$12,454 + $41,776

$54,230

2018

$10,031 (−2.2%)

$9,785 + $33,213

$42,998

2017

$10,261 (+16.8%)

$9,785 + $33,213

$42,998

2016

$8,788 (−7.4%)

$9,785 + $29,227

$39,012

2015

$9,487 (+3.3%)

$9,340 + $30,215

$39,555

2014

$9,188 (+1.5%)

$9,340 + $30,215

$39,555

2013

$9,048 (+13.4%)

$9,340 + $30,215

$39,555

2012

$7,979 (+5.0%)

$9,340 + $28,354

$37,694

2011

$7,597 (−21.8%)

$9,340 + $28,354

$37,694

2010

$9,719 (−5.5%)

$12,143 + $36,860

$49,003

2009

$10,289 (+48.8%)

$12,098 + $42,275

$54,373

2008

$6,915 (−14.8%)

$15,123 + $29,259

$44,382

2007

$8,119

$16,635 + $37,059

$53,694

Tax history for 7554 N Waukegan Rd

Year

Property tax

Land + Additions

Assessment*

2023

$12,598 (+6.7%)

$12,454 + $77,346

$89,800

2022

$11,811 (−12.1%)

$12,454 + $41,776

$54,230

2021

$13,439 (+5.5%)

$12,454 + $41,776

$54,230

2020

$12,735 (+11.1%)

$12,454 + $41,776

$54,230

2019

$11,465 (+14.3%)

$12,454 + $41,776

$54,230

2018

$10,031 (−2.2%)

$9,785 + $33,213

$42,998

2017

$10,261 (+16.8%)

$9,785 + $33,213

$42,998

2016

$8,788 (−7.4%)

$9,785 + $29,227

$39,012

2015

$9,487 (+3.3%)

$9,340 + $30,215

$39,555

2014

$9,188 (+1.5%)

$9,340 + $30,215

$39,555

2013

$9,048 (+13.4%)

$9,340 + $30,215

$39,555

2012

$7,979 (+5.0%)

$9,340 + $28,354

$37,694

2011

$7,597 (−21.8%)

$9,340 + $28,354

$37,694

2010

$9,719 (−5.5%)

$12,143 + $36,860

$49,003

2009

$10,289 (+48.8%)

$12,098 + $42,275

$54,373

2008

$6,915 (−14.8%)

$15,123 + $29,259

$44,382

2007

$8,119

$16,635 + $37,059

$53,694

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

8,896 Sq. Ft.

Year renovated

—

Sq. Ft.

6,478

Year built

1963

Style

Multi-Family (5+ Unit)

County

Cook County

APN

10303260200000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 17, 2026.

R-4

Multi-Family Residential District

The R-4 Multi-Family Residential Zoning District is intended to provide for a high density environment of varied building and housing types, including single-family, two-family, townhouse, and multi-family dwellings. This district may function as a transitional zone between lower density residential neighborhoods and adjacent higher intensity nonresidential areas. Limited non-residential uses that are compatible with surrounding residential neighborhoods may be permitted.

Permitted uses

Include but are not limited to:

Garden center
Housing-Group
Housing-Single unit
Housing-Multiple units
Park & open space

Property details

Interior

Equipment
# Of Dishwashers: 1
# Of Ranges: 9
# Of Washers: 1
# Of Dryers: 1
Washer/Dryer Lsd (Y/N): No

Unit Type 1 Information
# of Rooms: 5
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 8
Monthly Income: $1,320
Monthly Income Max: $1,450

Unit Type 2 Information
# of Rooms: 4
# of Bedrooms: 1
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 1
Monthly Income: $1,240
Monthly Income Max: $1,240

Exterior

Building Information
# of Units: 9
Built Before 1978 (Y/N): Yes

Property Information
Property Type: Multi Family 5+
Ownership Type: Individual
Tenancy Type: Leases
Parcel Number: 10303260200000

Lot Information
Dimensions: 7,800 sq ft

Financial

Tax Information
Tax Annual Amount: $13,061.10
Tax Year: 2024

Financial Information
Finance Code: Conventional
Gross Rent Multiplier: 9.6
Total Monthly Income: $12,500
Gross Income: $153,744

Utilities

Heating & Cooling
Heat/Ventilation: Radiators

Location

Location Information
Directions: Southwest corner of Howard and Waukegan

Public facts

Beds: —
Baths: —
Sq. Ft.: 6,478
Stories: —
Lot Size: 8,896 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1963
Year Renovated: —
County: Cook County
APN: 10303260200000

Home facts updated by county records on Sep 17, 2026

Other

Expense Information
Water Sewer Expense: $5,747
Water Expense Source: Actual
Electric Expense: $616
Trash Expense: $1,601
Insurance Expense: $8,178

Listing Information
Some Photos Virtually Staged?: No

Around this home

Schools

Clarence E Culver School

Public PreK-8 • Assigned • 0.5mi

7/10

Niles West High School

Public 9-12 • Assigned • 1.7mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 99° expected this year, 14 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

4/10 Air Factor

6 unhealthy days expected this year, 7 days in 30 years

Provided by First Street

Historical weather

Niles, IL • 60714

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.3 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

10.3 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

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New listings for sale in 60714

NEW3D WALKTHROUGH

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7061 W Touhy Ave #710, Niles, IL 60714

NEW 15 HRS AGO

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2 beds2 baths1,539 sq ft

8809 W Golf Rd Unit 9I, Niles, IL 60714

NEW

$379,000

3 beds2 baths1,436 sq ft

8303 N Washington St, Niles, IL 60714

LISTED BY REDFIN3D WALKTHROUGH

$455,000

3 beds2.5 baths1,520 sq ft

7837 N Nora Ave, Niles, IL 60714

$1,125,000

4 beds4 baths3,750 sq ft

8201 N Wisner St, Niles, IL 60714

$418,500

3 beds1.5 baths1,717 sq ft

9025 N Greenwood Ave, Niles, IL 60714

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Home values near 7554 N Waukegan Rd

Data from public records.

Address	Redfin Estimate
7528 North Waukegan Rd, Niles, IL 12 Beds \| 5 Baths \| 4897 Sq. Ft.	—
7522 North Waukegan Rd, Niles, IL 3 Beds \| 1 Baths \| 1097 Sq. Ft.	$389,224

Address	Redfin Estimate
7563 North Waukegan Rd, Niles, IL 2 Beds \| 1.5 Baths \| - Sq. Ft.	$345,792
7600 North Waukegan Rd, Niles, IL 3 Beds \| 1 Baths \| 1269 Sq. Ft.	$484,365

Address	Redfin Estimate
7546 North Waukegan Rd, Niles, IL - Beds \| - Baths \| 6478 Sq. Ft.	—
7551 North Waukegan Rd, Niles, IL 2 Beds \| 1.5 Baths \| 1202 Sq. Ft.	$276,558

Property information provided by MRED as Distributed by MLS Grid when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 60714, IL

Sale history for 7554 N Waukegan Rd

Tax history for 7554 N Waukegan Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 60714

Home values near 7554 N Waukegan Rd

More real estate resources