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Property profile & analytics

3200 159Th St Markham, IL 60428

  • Commercial real estate
  • 5,066 SF
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for 3200 159Th St

Year built
1973
Property size
5,066 SF
Property type
Commercial real estate

Description

This exceptional 5,066 square foot neighborhood shopping center in Markham, Illinois, presents a compelling investment opportunity. Completely renovated in 2009, the property boasts a prime location on a heavily trafficked intersection of Kedzie Avenue and 159th Street, ensuring high visibility and foot traffic. The center is currently anchored by a diverse mix of established tenants including a currency exchange, Metro T-Mobile, JR Tobacco, and GoCredit, providing a stable income stream. Ample parking is available with space for 40 vehicles. The property also features prominent pedestal signage, maximizing brand exposure for tenants. Its strategic location offers easy access to the I-57 interchange, further enhancing its appeal to both customers and employees. Markham is a well-established residential community in south suburban Cook County, with a significant concentration of retail and commercial activity along 159th Street between the I-57 and I-294 expressways. This property offers a rare combination of strong tenant occupancy, excellent location, and significant upside potential for investors seeking a stable and profitable retail investment in a thriving community. The asking price is $1,050,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Markham
County
Cook
State
Illinois
Longitude
-87.695
Latitude
41.6011
More about this property
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