3200 159Th St Markham, IL 60428
- Commercial real estate
- 5,066 SF
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
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Markham
- County
- Cook
- State
- Illinois
- Longitude
- -87.695
- Latitude
- 41.6011