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    3204 W 159Th St Markham, IL 60428

    For Sale
    Contact for pricing

    5,066 SF retail center on busy Kedzie Avenue.

    Property size:
    5,066 SF
    Lot size:
    0.42 Acres

    Property Features for 3204 W 159Th St

    General Information

    Size
    5,066 SF
    Lot size
    0.42 Acres

    Source: Millennium Properties Real Estate Agent Susan B. Silver

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

    Overview

    Fully Occupied Retail Shopping Center

    This fully occupied neighborhood retail shopping center offers 5,066 square feet of space. The property is situated on the corner of Kedzie Avenue and 159th Street, benefiting from a traffic count of 28,244 vehicles daily. The lot size is 36,149 square feet. Current tenants include a currency exchange, Metro T-Mobile, GoCredit, and JR Tobacco. A highly visible pedestal sign enhances the property's exposure. The zoning is C-1, neighborhood shopping. Retailers in the surrounding area include Subway, Dunkin', Dollar Tree, and AutoZone Barn, along with several restaurants. Ample parking is available.
    Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Realty agency Restaurant Law Firm 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
    -87.6949976
    Latitude
    41.6011318

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    FAQs

    What type of property is this?
    Strip mall - 5,066 SF retail center on busy Kedzie Avenue.
    Where is this strip mall located?
    The property is located at 3204 W 159Th St Markham, IL.
    What are key features of this property?
    This property features: - Fully occupied 5,066 SF neighborhood retail shopping center provides immediate income.; - High traffic location at the corner of Kedzie Avenue and 159th Street with 28,244 vehicles daily.; - Diverse tenant mix including currency exchange, Metro T-Mobile, GoCredit and JR Tobacco.
    (312) 338-3000
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    3204 W 159Th St 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
    3204 W 159Th St Markham, IL 60428
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