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    16100 S Springfield Ave Markham, IL 60428

    For Lease
    Contact for pricing

    39,615 SF industrial space for lease in Markham, Illinois.

    Property size:
    39,615 SF
    Lot size:
    9.10 Acres

    Property Features for 16100 S Springfield Ave

    General Information

    Size
    39,615 SF
    Lot size
    9.10 Acres

    Source: Burr & Temkin | Great Lakes Region Agent Ben Wagner

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Markham Industrial Space Available

    This industrial property offers 39,615 square feet of space and is available for rent. It is located in Markham, Illinois.
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Markham
    County
    Cook
    State
    Illinois
    Longitude
    -87.7119441
    Latitude
    41.595781

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    FAQs

    What type of property is this?
    Industrial property - 39,615 SF industrial space for lease in Markham, Illinois.
    Where is this industrial property located?
    The property is located at 16100 S Springfield Ave Markham, IL.
    What are key features of this property?
    This property features: - 39,615 SF of industrial space available for lease.; - Located in Markham, Illinois.
    (312) 263-2722
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    16100 S Springfield Ave Markham, IL 60428
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    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
    16100 S Springfield Ave Markham, IL 60428
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