- For Sale $1,200,000
- Property Type Multi-Family
- Property Size 6,300 SF
- Lot Size 8,293 Acre
- # of Floors 2
- Parking Spaces Avail. 6
- Parking Ratio 1.00 / 1,000 SF
- Year Built 1962
- Year Renovated 2019
- Date Updated Aug 22, 2026
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.
Highlights
- Age: Over 50 Years Old
- Appliances: Dishwasher
- Appliances: Double Oven
- Appliances: Dryer
- Appliances: Garbage Disposal
- Appliances: Microwave
- Appliances: Refrigerator
- Appliances: Washer
- Area Description: Suburban
- Body of Water: Lake
- Community Type: Adult
- Cooling: Wall Unit A/C
- Exterior Description: Brick
- Lot Size: Under 1/2 Acre
- Sewer: City
- Turnkey, stabilized 6-flat in prime NilesUnit mix: Five 2BR/1BA + one 1BR/1BA gardenRecent upgrades: Roof & windows (2019)Newer boiler & water heater (5 yrs)Tenant-friendly features with modern appliancesOwned on-site laundry generates extra incomeSix off-street parking spaces incl...
- Water: City Water
False
Contacts
Paul Proano
Coldwell Banker Realty
Location
Contact Listing Broker
Paul Proano
Coldwell Banker Realty