***MULTIPLE OFFERS RECEIVED - Highest and Best due Monday 9/15 at 7:00PM*** Attention Investors & Renovation Enthusiasts - Prime Fix & Flip Opportunity in Desirable Niles! This is an estate sale being sold AS-IS. This ranch home is livable, but needs a lot of updating...just waiting for your ideas. With 3 bedrooms, 2.5 bathrooms and a full basement, you can move right in and then personalize to your liking. Original hardwoods are underneath the carpeting, waiting to be restored to their natural beauty. The living room and dining room feature oversized windows on two walls, which fill the space with natural light. The hallway closet has a convenient laundry chute to the basement. Outside, enjoy a detached 2-car garage with an extra-long driveway and fully fenced backyard, ideal for pets or gardening. Downstairs, a partially finished basement expands your living space with a large recreation room, a dry bar, and a full bathroom. You'll also find a generous storage closet, a utility room with sink, hookups for a washer & dryer (to be installed by the buyer), and extensive shelving for all your storage needs. Key mechanical updates include a furnace (2013), sump pump and battery backup system (approx. 5 years old). Just three houses from the bus stop at Dempster & Olcott and under two miles to the Morton Grove Metra station. Convenient access to I-94 and I-294. Nearby amenities include Oak Park playground (tennis courts, basketball court, and baseball field), and close to many dining and shopping options. This mid-century gem is ideal for investors or savvy buyers looking to add value and make it their own.
Closed
$360,000
8748 N Olcott Ave, Niles, IL 60714
3beds
1,252sqft
Single Family Residence
Built in 1957
6,969.6 Square Feet Lot
$390,100 Zestimate®
$288/sqft
$3,094 Estimated rent
Home value
$390,100
$371,000 - $410,000
$3,094/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 07, 2025 at 07:10pm
Listing courtesy of:
Lori Swanson (630)945-0247,
Keller Williams Infinity
Bought with:
Jodi Taub
@properties Christie's International Real Estate
Source: MRED as distributed by MLS GRID,MLS#: 12471647
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Features: Flooring (Carpet), Window Treatments (Screens, Storm Window(s), Shades)
- Level: Main
- Area: 143 Square Feet
- Dimensions: 11X13
Bedroom 2
- Features: Flooring (Carpet), Window Treatments (Screens, Storm Window(s), Shades)
- Level: Main
- Area: 130 Square Feet
- Dimensions: 13X10
Bedroom 3
- Features: Flooring (Carpet), Window Treatments (Blinds, Screens, Storm Window(s))
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11X9
Dining room
- Features: Flooring (Carpet)
- Level: Main
- Area: 80 Square Feet
- Dimensions: 8X10
Family room
- Level: Basement
- Area: 204 Square Feet
- Dimensions: 12X17
Kitchen
- Features: Kitchen (Eating Area-Table Space), Flooring (Ceramic Tile), Window Treatments (Blinds)
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11X11
Laundry
- Level: Basement
- Area: 242 Square Feet
- Dimensions: 11X22
Living room
- Features: Flooring (Carpet), Window Treatments (Storm Window(s))
- Level: Main
- Area: 286 Square Feet
- Dimensions: 13X22
Recreation room
- Level: Basement
- Area: 276 Square Feet
- Dimensions: 12X23
Storage
- Level: Basement
- Area: 48 Square Feet
- Dimensions: 8X6
Other
- Level: Basement
- Area: 209 Square Feet
- Dimensions: 11X19
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Double Oven, Refrigerator, Cooktop
Features
- Windows: Screens
- Basement: Partially Finished,Full
- Attic: Unfinished
Interior area
- Total structure area: 2,475
- Total interior livable area: 1,252 sqft
- Finished area below ground: 580
Property
Parking
- Total spaces: 2
- Parking features: Concrete, No Garage, On Site, Garage Owned, Detached, Garage
- Garage spaces: 2
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1
- Patio & porch: Patio
- Fencing: Fenced
Lot
- Size: 6,969 sqft
- Features: Mature Trees
Details
- Additional structures: None
- Parcel number: 09242040270000
- Special conditions: None
- Other equipment: Ceiling Fan(s), Sump Pump
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1957
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & neighborhood
Community
- Community features: Park, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved
Location
- Region: Niles
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 10/7/2025 | Sold | $360,000-2.4%$288/sqft |
Source:  MRED as distributed by MLS GRID #12471647 | ||
| 10/1/2025 | Pending sale | $369,000$295/sqft |
Source: MRED as distributed by MLS GRID #12471647 | ||
| 9/16/2025 | Contingent | $369,000$295/sqft |
Source: MRED as distributed by MLS GRID #12471647 | ||
| 9/15/2025 | Listed for sale | $369,000-5.1%$295/sqft |
Source: MRED as distributed by MLS GRID #12471647 | ||
| 9/14/2025 | Listing removed | $389,000$311/sqft |
Source: MRED as distributed by MLS GRID #12453603 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $1,392 +3.2% | $32,999 |
| 2022 | $1,349 -14.3% | $32,999 +16.1% |
| 2021 | $1,575 +13.5% | $28,424 |
Find assessor info on the county website
Neighborhood: The Terrace
Nearby schools
GreatSchools rating
- 6/10Melzer SchoolGrades: K-5Distance: 0.8 mi
- 8/10Gemini Middle SchoolGrades: 6-8Distance: 1.3 mi
- 8/10Maine East High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Nelson Elementary School
- Middle: Gemini Junior High School
- High: Maine East High School
- District: 63
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$390,100
2% more+ $7,802
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$397,902