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    3710-3714 167Th St Markham, IL 60428

    For Sale
    $516,000

    Prime industrial land, high traffic, development potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 0.91-acre parcel, encompassing two combined lots (PIN 28233040090000 and PIN 28233040080000), presents a rare opportunity for investors and developers alike. Strategically located at 3710-3714 W 167th Street in Markham, Illinois, this property boasts a highly desirable location on a busy thoroughfare, ensuring excellent visibility and accessibility for any future development. The substantial size of the land offers considerable flexibility for a wide range of projects, from industrial construction to warehousing or other commercial ventures. The high-traffic street guarantees significant exposure, making it an ideal location for businesses seeking maximum visibility. This is a turnkey opportunity to acquire a versatile and strategically positioned property in a thriving area. The property's size and location make it an attractive investment with significant potential for future growth and return. Serious inquiries are encouraged to explore the possibilities this exceptional land parcel offers. Don't miss this chance to secure a prime piece of industrial real estate in a rapidly developing area.

    Property Features for 3710-3714 167Th St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    39,640 SF

    Building Details

    Year Built
    1975
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Markham
    County
    Cook
    State
    Illinois
    Longitude
    -87.7075
    Latitude
    41.58724

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    FAQs

    What type of property is this?
    Commercial real estate - Prime industrial land, high traffic, development potential.
    Where is this commercial real estate located?
    The property is located at 3710-3714 167Th St Markham, IL.
    What is the asking price?
    The asking price for this property is $516,000.
    (773) 432-0200
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    3710-3714 167Th St Markham, IL 60428
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3710-3714 167Th St Markham, IL 60428
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