You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2941 159Th St Markham, IL 60428

2,832 SF 0.55 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 2,832 SF
Lot 0.55 ac (23,958 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2941 159Th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message