16021 Kedzie AveMarkham, IL 60428

For Sale
$500,000

5,434 SF Auto Shop, Markham, IL

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional investment opportunity presents a 5,434-square-foot single-tenant retail property located at 16021 Kedzie Ave, Markham, IL, 60428. Currently 100% occupied by Velasquez Muffler on a month-to-month lease, this property offers significant potential for owner-operators. The asking price is $500,000, translating to $92.01 per square foot. Situated on a hard corner at the intersection of Kedzie Avenue and 159th Street, the property benefits from high visibility and convenient access. Its prime location in Markham, Illinois, places it strategically between I-57 and I-294, major interstates crucial for reaching neighboring communities. The property enjoys a prominent outlot position in front of a substantial 265,000-square-foot shopping center, surrounded by other retail businesses. The building is a single-story structure with Commercial Retail zoning. The flexible month-to-month lease provides an ideal opportunity for an owner-operator to potentially terminate the existing lease and occupy the space or secure a new tenant. This property represents a strong value proposition in a high-traffic retail area. The property consists of one building with one unit.

Property Details for 16021 Kedzie Ave

Property type
Other retail properties, Automotive properties
Square Feet
5,434 SF
Buildings
1
Stories
1
Units
1

Location Insight

City
Markham
County
Cook
State
Illinois
Latitude
41.598730901712
Longitude
-87.69417649634
16021 Kedzie Ave, Markham, Illinois

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16021 Kedzie Ave
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