For Sale3d on market
8407 N Olcott Ave
Niles, IL, 60714 • The Terrace • Cook County
$450,000
$404/sqft
Down payment assistance available
3Beds
2Baths
1,114Sqft
0.15 acLot
1957Built
Property DNA
Ranch Style
Built 1957 · 69 years of history
Outdoor Living
Patio
Other
Other
2-Car Garage
Garage Door Opener · Yes · Garage Owned · Detached · Garage
Hardwood Floors
Quality flooring throughout
3d on Market
Listed Apr 6, 2026
This home is getting attention
Listed 3 days ago · 1,128 views · 46 saves
Market activity
Demand and pricing signals for this listing
1,128 views
People checking out this listing
46 saves
Buyers have saved this home
3 days on market
Just listed — act fast
$404/sqft
Price per square foot
About this home
Single Family · Built 1957
Welcome to this solid ranch home located in a desirable Niles neighborhood. This all-brick home with white stone accents offers a classic exterior and a functional layout throughout. A foyer entry leads into a comfortable living room featuring a bay window that brings in natural light. The kitchen has been updated with newer cabinetry, countertops, and appliances, providing a practical space for everyday use. The main level includes three well-sized bedrooms and an updated full bathroom. The lower level is unfinished and spans the full footprint of the home, offering additional storage and a full bathroom, though it requires updating to maximize its potential. An extra-large two-car garage provides ample space for parking and storage. The backyard offers room for outdoor enjoyment and everyday living. Conveniently located within an award-winning school district and just two blocks from Oak Park and Grennan Heights Park, this home offers easy access to nearby green space and local amenities.
Standout features identified
Our analysis highlights three well-sized bedrooms, classic exterior, and functional layout throughout as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,806/month
Principal & Interest$2,206
Property Tax$450
Insurance$150
Down payment20% ($90,000)
3%50%
Est. 6.20% rate · 30yr fixed · $360,000 loan
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At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1957
HeatingNatural Gas, Forced Air
CoolingCentral Air
Parking2 Garage spaces
Lot6,516 sqft
Days on Zillow3 Days
Price/sqft$404
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleRanch
Year built1957
Stories1
Systems
HeatingNatural Gas, Forced Air
CoolingCentral Air
RoofAsphalt
ConstructionBrick, Stone
Water / SewerLake Michigan / Public Sewer
Parking & Outdoor
ParkingGarage Door Opener, Yes, Garage Owned, Detached, Garage
Garage2 spaces
BasementPartially Finished,Full
Lot6,516 sqft
Location & Tax
NeighborhoodThe Terrace
Annual tax$8,235
Parcel0924203042
Bathrooms & Fees
Full baths2
Features & details
11 categories of property features
Interior Features
Appliances
Range
Refrigerator
Washer
Dryer
Flooring
Hardwood
Laminate
Heating
Natural Gas
Forced Air
Cooling
Central Air
Windows
Screens
Accessibility
No Disability Access
Exterior Features
Parking
Garage Door Opener
Yes
Garage Owned
Detached
Garage
Construction
Brick
Stone
Patio & Porch
Patio
Community
Park
Curbs
Sidewalks
Street Paved
Other Structures
Other
Room details
19 rooms detailed
Master Bedroom
Main12×10 ft120 sqft
Flooring (Laminate)
Bedroom2
Main12×10 ft120 sqft
Bedroom3
Main11×10 ft110 sqft
Flooring (Laminate)
Bedroom4
Other
Other
Listing insights
Market data and value estimates
StatusFor Sale
Days on market3
Tax rate1.99%
Price/sqft$404
On marketApr 6, 2026
PostedApr 6, 2026
Last sold$327,500
MLS statusNew
MLS updatedApr 8, 2026
Tour days9
Views1,128
Favorites46
How are the schools in Niles?
3 schools rated nearby
Location
Niles, IL, 60714
Price history
6 events
DateEventPrice$/sqftSource
Mar 26, 2026Listed For Sale$450,000$404MRED as distributed by MLS GRID
Mar 17, 2026Contingent$450,000$404MRED as distributed by MLS GRID
Mar 12, 2026Listed For Sale$450,000$404MRED as distributed by MLS GRID
Apr 30, 2021Sold$327,500$294MRED as distributed by MLS GRID
Apr 6, 2021Contingent$319,900$287MRED as distributed by MLS GRID
Apr 2, 2021Listed For Sale$319,900$287MRED as distributed by MLS GRID
Listed For Sale$450,000
Mar 26, 2026•$404/sqft•MRED as distributed by MLS GRID
Contingent$450,000
Mar 17, 2026•$404/sqft•MRED as distributed by MLS GRID
Listed For Sale$450,000
Mar 12, 2026•$404/sqft•MRED as distributed by MLS GRID
Sold$327,500
Apr 30, 2021•$294/sqft•MRED as distributed by MLS GRID
Contingent$319,900
Apr 6, 2021•$287/sqft•MRED as distributed by MLS GRID
Listed For Sale$319,900
Apr 2, 2021•$287/sqft•MRED as distributed by MLS GRID
Tax history
25 years of records
YearTax paidAssessed value
Apr 9, 2023$8,235$31,999
Apr 9, 2022$7,735$31,999
Apr 9, 2021$3,629$27,974
Apr 9, 2020$3,197$27,974
Apr 9, 2019$3,103$31,083
Apr 9, 2018$3,440$28,428
Apr 9, 2017$3,347$28,428
Apr 9, 2016$3,828$28,428
Apr 9, 2015$4,389$24,861
Apr 9, 2014$5,302$24,861
Apr 9, 2013$4,168$24,861
Apr 9, 2012$5,699$29,901
Apr 9, 2011$3,261$29,901
Apr 9, 2010$2,897$29,901
Apr 9, 2009$2,641$28,408
Apr 9, 2008$2,613$32,281
Apr 9, 2007$2,747$32,281
Apr 9, 2006$3,118$22,906
Apr 9, 2005$3,924$30,453
Apr 9, 2004$3,203$30,453
Apr 9, 2003$3,518$22,603
Apr 9, 2002$3,527$22,603
Apr 9, 2001$2,861$22,603
Apr 9, 2000$2,837$18,516
Apr 9, 1999$2,785$18,516
Nearby homes
Neighborhood details
Local context around this listing
Niles, IL • Cook County
Nearby neighborhoods
Ballard TerraceChesterfield GardensCourtland ParkEvergreen EstatesGolden AcresGrennan HeightsOak ParkOakton ManorRansom RidgeThe Terrace
Nearby cities
Arlington HeightsChicagoCiceroDes PlainesElginEvanstonOrland ParkPalatine
Nearby zip codes
60714
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Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)
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