$8,788

closing credit¹

7542 W Cleveland St Niles, IL 60714

$740,000
6 beds
3 baths
House

Property details

About 7542 W Cleveland St

This beautiful turn-key 2 unit home in the heart of Niles features two large upscale units that provide excellent income. This home underwent a major refresh just 3 years ago where it received a new roof, new furnaces and air conditioners, refinished floors, and remodeled kitchens and bathrooms with all new fixtures and appliances. Each unit has separate heat, gas, electric, and water tanks. Unit one has been converted to a duplex down with a total of 4 bedrooms and two full baths. The full basement features new flooring, has been framed and drywalled and can easily be converted into an in-law suite. Unit 2 is a gorgeous 2 bedroom 1 bath unit with full dining room with all of the updates featured in the owner's unit. This is a great opportunity for investors but also for someone to move in and generate income from the other unit. The 2.5 car garage features a new garage door and an additional carport for 3 covered parking spots. You'll also discover the serene backyard and private secure alley. Enjoy the location, excellent schools, and close proximity to shopping & restaurants. Niles is an amazing community with several revitalization efforts currently in the works which will benefit the residential, business, and retail markets. Don't let this one get away!

Highlights

Home typeResidential
HeatingNatural Gas, Forced Air, Other
StatusActive
(New)
BasementYes
Year built1954
ParkingOff Alley
MLS #12257310
Garage2 spaces

Summary

  • MLS Number: 12257310
  • MLS Name: MRED
  • Office Name: @properties Christie's International Real Estate
  • Office Phone: (773) 432-0200
  • Listing Agent: Tim Sacks

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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view of property featuring a front lawn

$740,000

7542 W Cleveland St

$8,788

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 26, 2021
Home Sold
$340,000
Jul 06, 2007
Home Sold
$452,000
Dec 09, 2004
Home Sold
$455,000

Tax history

YearAssessmentProperty Tax
2019$32,246$4,378
2018$35,222$4,854
2017$35,222$4,722

History based on county public records data.

Nearby schools

7

Eugene Field Elementary School

Public District KG-5

0.7 mi

707 Wisner St

6

Nelson Elementary School

Public District KG-5

1.0 mi

8901 N Ozanam Ave

9

Hynes Elementary School

Public District PK-4

1.3 mi

9000 Belleforte Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $48,109. The most common annual income of people living in Niles, IL is between $35k-100k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

33%
<35k
49%
35k-100k
15%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

41%
Single, No Kids
5%
Single, with Kids
32%
Married, No Kids
22%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
8%
12-17 yrs old
18%
18-34 yrs old
43%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • PGA/LPGAPGA/LPGA
  • Symphony or OperaSymphony or Opera

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Stein MartStein Mart
  • Chico'sChico's

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Bonefish GrillBonefish Grill
  • Boston MarketBoston Market

What do the neighbors drive?

  • MazdaMazda
  • LincolnLincoln
  • VolvoVolvo

What do the neighbors listen to?

  • RockRock
  • ClassicalClassical
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

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Frequently asked questions

About 7542 W Cleveland St

This home is located at 7542 W Cleveland St in Niles, IL and zip code 60714 in the Grennan Heights neighborhood. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 17, 2025 and is currently priced at $740,000.

Niles, IL housing market in December 2024 saw over 12 listings sold above listed price, more than 2 sold at listed price and over 12 sold below. The inventory of homes for sale in Niles, IL between November and December 2024 decreased by 8.3%. Listings spent 23 days on the market in December 2024, and had a median list price of $372,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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