Multifamily

Markham, IL Multifamily Properties for Sale

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Country Club Hills, IL Harvey, IL Hazel Crest, IL
Brick Two-Flat with Detached Garage
Updated: Jun 10
Brick Two-Flat with Detached Garage

16530 Winchester Avenue, Markham, IL 60428

$189,000
Solid brick 2‑flat with separate entrances and spacious unit layouts
Unit mix: 1st‑floor 2 bed, 1 bath; 2nd‑floor 3 bed, 1 bath
One unit is currently vacant; the occupied unit is scheduled to be vacant by end of August
Full basement provides additional storage and utility space
Detached 2‑car garage plus extended driveway for parking
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Three-Unit Residential Income Building
Updated: May 5, 2025
Three-Unit Residential Income Building

15742 Central Park Avenue, Markham, IL 60428

$115,000
0.91 AC lot
3‑unit building on 0.91 acres, located right off I‑57 on 159th St
Unit mix: Units 1 & 2 have 3 bedrooms each; Unit 3 has 2 bedrooms
Individual heating per unit
Year built: 1929
Sewer: public sewer
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Three-Unit Building on Large Lot
Three-Unit Building on Large Lot

15742 Central Park Avenue, Markham, IL 60428

$115,000
0.91 AC lot

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

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Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 3 Active listings in Markham, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Studio Apartment Building
Studio Apartment Building

184 W 147th Street, Harvey, IL 60426

$1,100,000
0.33 AC lot

20-unit studio apartment building with low-maintenance landscaping and parking lot repaving planned before closing.

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Updated Mixed-Use Building and Land
Updated Mixed-Use Building and Land

4039 147th Street, Midlothian, IL 60445

$439,900
0.37 AC lot

Updated mixed-use property with vacant land in Midlothian.

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Studio Apartment Building with Parking
Studio Apartment Building with Parking

184 W 147TH ST, Harvey, IL 60426

$1,100,000
6,686 sqft

20-unit studio apartment building near major interstates, with a recently repaved asphalt parking lot.

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Updated Mixed-Use Building in Midlothian
Updated Mixed-Use Building in Midlothian

4039 147th St, Midlothian, IL 60445

$459,900
2,850 sqft

Updated mixed-use building in Midlothian's business district, fully leased.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

University Park Developable Land
University Park Developable Land

976 Mesa Court, University Park, IL 60484

Contact for pricing
3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

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Wooded Homesite in Wheatfield, Indiana
Wooded Homesite in Wheatfield, Indiana

4418 Oakland Court, Wheatfield, IN 46392

Contact for pricing
0.57 AC lot

Spacious, wooded 0.57-acre lot in established neighborhood.

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Land For Sale, Lakemoor, IL
Land For Sale, Lakemoor, IL

27 Oyster Bay, Lakemoor, IL 60051

Contact for pricing
0.12 AC lot

Commercial land available in Lakemoor, Illinois.

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Recreational Land Bordering National Forest
Recreational Land Bordering National Forest

V/L E Kissing Oaks Trail, Custer, MI 49405

$39,900
0.96 AC lot

RV recreational lot bordering Manistee National Forest.

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Off-Market Properties in Markham, IL

Consider similar Off-Market properties in Markham, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

3506 161st St
APARTMENT HOUSE (UNDER 5 UNITS)

3506 161st St, Markham, IL 60428

Value Estimation by Request
1,588 sqft · 0.36 AC lot
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3533 159th St
APARTMENT HOUSE (UNDER 5 UNITS)

3533 159th St, Markham, IL 60428-4011

Value Estimation by Request
2,776 sqft · 0.16 AC lot
View details
16636 Winchester Ave
APARTMENT HOUSE (UNDER 5 UNITS)

16636 Winchester Ave, Markham, IL 60428

Value Estimation by Request
2,058 sqft · 0.12 AC lot
View details
15742 Central Park Ave
APARTMENT HOUSE (UNDER 5 UNITS)

15742 Central Park Ave, Markham, IL 60428-3915

Value Estimation by Request
3,222 sqft · 0.92 AC lot
View details
16530 Winchester Ave
APARTMENT HOUSE (UNDER 5 UNITS)

16530 Winchester Ave, Markham, IL 60428-5641

Value Estimation by Request
2,058 sqft · 0.08 AC lot
View details
15331 Hoyne Ave
APARTMENT HOUSE (UNDER 5 UNITS)

15331 Hoyne Ave, Markham, IL 60426-6219

Value Estimation by Request
1,638 sqft · 0.11 AC lot
View details
15750 Dixie Hwy
GARDEN APT, COURT APT (5+ UNITS)

15750 Dixie Hwy, Markham, IL 60428-4106

Value Estimation by Request
0.45 AC lot
View details
3939 157th St
APARTMENT HOUSE (UNDER 5 UNITS)

3939 157th St, Markham, IL 60428-4479

Value Estimation by Request
1,770 sqft · 0.84 AC lot
View details
3344 159th St
APARTMENT HOUSE (UNDER 5 UNITS)

3344 159th St, Markham, IL 60428-4045

Value Estimation by Request
2,142 sqft · 0.06 AC lot
View details
3344 159th St
APARTMENT HOUSE (UNDER 5 UNITS)

3344 159th St, Markham, IL 60428-4045

Value Estimation by Request
2,142 sqft · 0.06 AC lot
View details
3858 159th Pl
APARTMENT HOUSE (UNDER 5 UNITS)

3858 159th Pl, Markham, IL 60428-4402

$680,000
Estimated value
4,856 sqft · 0.27 AC lot
View details

Markham, IL Multifamily Properties Market Trends and Statistics

Explore 14 multifamily properties for sale in Markham, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $454,000.

Sale prices for multifamily properties in Markham, IL start at $115,000, averaging $151,333, and reaching up to $189,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Triplexes 2
Duplexes 1

Demographics Overview

Population 34K
Population Growth (5Y) -15.4%
Median Household Income $44,886
College Educated 15.9%

High-Yield Neighborhoods for Investment

Identify Markham submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60428 $151.3K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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