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8450 N Shermer Road Niles, IL 60714 Commercial - Business New

New - 33 Hours Ago
  • 8450 N Shermer Road, Niles, IL 60714 Main Photo

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Description

Religious facility located in Niles on an approximately 1.69 acre site with surface parking for 50+ vehicles and two curb cut access points from Shermer Road, providing convenient ingress and egress. The property offers strong visibility along Shermer Road and is currently zoned P I (Public Institutional). The existing approximately 5,000 SF building configuration (including lower level community space) may support continued religious use, educational or community facility use, or potential redevelopment subject to municipal approvals. The main level consists of a sanctuary with seating capacity of approximately 200 attendees featuring exposed brick walls, recessed lighting, and a raised pulpit platform suitable for a band, choir, or baptismal services positioned beneath a skylight providing natural light to the altar area. The sanctuary includes fixed pew seating with a center aisle and clear sightlines toward the pulpit. The main entrance opens to a carpeted foyer area with access to the sanctuary and a pastoral office with built in shelving and storage, along with coat storage near the entry. Interior staircases provide access to the lower level community center, which includes a large fellowship and dining hall, an additional office, men's and women's restrooms, and a kitchen equipped with stove, refrigerator, dishwasher, and cabinetry suitable for meal service and community gatherings. Perimeter windows provide natural light to the lower level hall and two dedicated storage areas are located adjacent to the community space. The building is serviced by two oversized forced air heating systems and a 200 amp electrical service. Roof and electrical improvements were completed in 2026 prior to listing. Exterior improvements include a large paved parking lot accommodating approximately 50 vehicles, sidewalks connecting the lot to building entrances, and lawn areas surrounding the structure. Restroom facilities are located on the lower level and are accessible by stairway only.

Property Highlights

Property Type: Commercial - Business
Building Description: 1.0 stories
Year Built: 1965
Lot Size: 1.69 acres

General Information

County: Cook
Listed By:
Coldwell Banker Realty 312-981-5500
MRED MLS
$1,425,000
Est. $9,052/mo
New to the Market New
SQUARE FEET5,000 MLS#12581091
STATUSNew PROPERTY TYPECommercial - Business

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8450 N Shermer Road, Niles, IL 60714.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,425,000$1,425,000$1,425,000
Down Payment $49,875$0$285,000
Monthly Mortgage Amount $8,277$8,611$6,653
Taxes $1983$1983$1983
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $855$0$0
Monthly Estimated Total $11,531$11,010$9,052

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