Current Use by Public Records
- Retail properties & Spaces
Property Details for 2941 159Th St
- Lot size
- 0.55 lot acres
- Property type
- Retail properties & Spaces
- 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 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
- -87.6904
- Latitude
- 41.6004
