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3-Unit Multifamily Building
For Sale
Under Contract
$115,000

15742 Central Park Avenue, Markham, IL 60428

Residential Income, Markham, IL

Property SizeContact for details
Lot Size0.91 Acres
Days on Market492

Property Features for 15742 Central Park Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 8
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 6, Bedroom 1, Bathroom 2, Bathroom 3, Bedroom 8, Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 7, Bedroom 5
Parking 4
Parking features Owned
Elementary school Primary Academic Ctr
Middle school Prairie-Hills Junior High School
High school Bremen High School
Elementary school district 144
Middle school district 144
High school district 228
Directions east/west on 159th St to Central Park, north to property.
Subdivision Markham
Standard status Active Under Contract
APN 28144130110000
Lot size 0.91 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 10978

Utilities

Sewer type Public Sewer
Heating system Baseboard, Steam, Electric (Heating), Natural Gas, Radiant

Building Details

Year built 1929
Building materials Vinyl Siding, Brick
Listing Agency: Century 21 S.G.R., Inc. · Century 21 Real Estate
Listed By: Gwendolene Newton · License #471019016
Added: May 5, 2025 Changed: Sep 2 Last Checked: Sep 8 at 2:06PM
MLS# 12354510

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1929 triplex at 15742 Central Park Avenue contains three residential units. Units 1 and 2 each have three bedrooms, while Unit 3 has two bedrooms, for a total of eight bedrooms and three bathrooms. Each unit has its own heating system. The building has vinyl siding and brick construction and is connected to public sewer. Repairs are needed, and the sale is offered in as-is condition.

The property occupies 0.91 acres in Markham, Illinois, with access near I-57 and 159th Street. Zoning is designated MULTI. Owned parking is included, and occupancy is limited to owner-occupants.

Key Highlights

  • Three‑unit building with eight total bedrooms and three bathrooms
  • Units 1 and 2 each contain 3 bedrooms; Unit 3 contains 2 bedrooms
  • 0.91‑acre site near I‑57 and 159th Street

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Skin Care Clinic Building Supply Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

284
Businesses Nearby

Demographics for 60428, IL

11,351
Population
4,138
Households
2.7
Avg Household Size
36
Median Age
16%
College-Educated
87%
High-School Grad
5.1 sq mi
ZIP Area
2,226
Density / Sq Mi
$53,059
Median Household Income
$39,861
Median Earnings
$1,686
Median Rent
$118,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three residential units offer separate heating, with the property available to owner-occupants in as-is condition.
Where is this triplex located?
The property is located at 15742 Central Park Avenue Markham, IL.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: Three‑unit building with eight total bedrooms and three bathrooms; Units 1 and 2 each contain 3 bedrooms; Unit 3 contains 2 bedrooms; 0.91‑acre site near I‑57 and 159th Street
More about this property
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