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Three-Unit Building on Large Lot
For Sale
$115,000
Pending

15742 Central Park Avenue, Markham, IL 60428

Three-unit building on 0.91 acres near I-57.

Property SizeContact for details
Lot Size0.91 Acres
Days on Market483

Property Features for 15742 Central Park Avenue

General Information

Standard status Pending
Lot size 0.91 Acres
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $10,977

Building Details

Year Built 1929
Listing Agency: Century 21 S.G.R., Inc.
Listed By: Gwendolene Newton · License #471019016
Source: Exitrealty
Added: May 7, 2025 Changed: Aug 8 Last Checked: Aug 1 at 8:27AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 S.G.R., Inc.

Investment Insights

Based on property information with market context.

This is a three-unit building situated on a 0.91-acre lot. The property is located off I-57 on 159th Street. Unit 1 and Unit 2 each feature three bedrooms, while Unit 3 has two bedrooms. Each unit has individual heating. The building requires some repairs and is being sold in "as-is" condition. This property is for owner-occupants only.

Key Highlights

  • Large .91 acre lot
  • Convenient location right off I‑57 on 159th St
  • Three units in the building

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.

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
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit building on 0.91 acres near I-57.
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: Large .91 acre lot; Convenient location right off I‑57 on 159th St; Three units in the building
More about this property
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