Contacts

Paul Proano

Coldwell Banker Realty

Property Details

Property Type Multi-Family
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 Jun 30, 2026

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.

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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 AC
Exterior Description Brick
Lot Size Under 12 Acre
Sewer City
Turnkey stabilized 6flat in prime NilesUnit mix Five 2BR1BA one 1BR1BA gardenRecent upgrades Roof windows (2019)Newer boiler water heater (5 yrs)Tenantfriendly features with modern appliancesOwned onsite laundry generates extra incomeSix offstreet parking spaces incl...
Water City Water