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Property profile & analytics

2941 159Th St Markham, IL 60428

  • Retail properties
  • 2,832 SF
  • 0.55 lot acres
Value Estimation
Location Intelligence

Current Use by Public Records

  • Retail properties

Property Details for 2941 159Th St

Lot size
0.55 lot acres
Property size
2,832 SF
Property type
Retail properties
Property subtype
Restaurants

Description

This exceptional 2,832 square foot retail property, situated on a 0.55-acre lot in Markham, Illinois, presents a unique investment opportunity. Located at the hard corner of Kedzie Avenue and 159th Street, this single-story building benefits from high visibility and significant traffic volume. The property enjoys a prominent position as an outlot directly in front of a substantial 265,000 square foot shopping center, ensuring high foot traffic and brand recognition. The intersection sees over 40,000 vehicles daily, capitalizing on the substantial through-traffic connecting neighboring communities via major interstates I-57 and I-294. Surrounded by residential areas, this location offers convenient access for local residents. The property is zoned for restaurant and storefront uses, and importantly, a drive-thru option is available, enhancing its appeal and potential for various businesses. The asking price is $800,000, translating to $282.49 per square foot. This turnkey property is ready for immediate occupancy and presents a compelling opportunity for a savvy investor or business owner seeking a high-traffic, well-located space in a thriving community.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Markham
County
Cook
State
Illinois
Longitude
-87.6904
Latitude
41.6004
More about this property
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