3011 159th St Markham, IL 60428-4003
This exceptional 3,520-square-foot freestanding retail building, formerly a Dunkin' Donuts, presents a unique investment opportunity in Markham, Illinois. Situated on a 0.55-acre lot at 3011 W 159th St, near Kedzie Ave, this single-tenant property boasts a convenient location less than half a mile west of the I-294/159th Street interchange, ensuring high visibility and accessibility. The building, constructed in 2000, is a Class C property and features a fully built-out interior, including two walk-in coolers and two hoods, ready for immediate occupancy. Benefitting from its outlot position within the Canterbury Plaza Shopping Mall, the property offers ample parking and easy ingress/egress. High traffic counts on 159th Street, exceeding 26,000 vehicles per day, guarantee significant exposure. The property is zoned C-2, ideal for a variety of retail or restaurant uses. Markham, a south suburb of Chicago, offers a growing population and strong community ties, with access to Prairie-Hills School District 144 and Bremen/Hillcrest High Schools. This one-story building presents a compelling opportunity for businesses seeking a high-traffic, well-equipped space in a thriving community. The property's existing infrastructure and prime location make it an ideal choice for a variety of retail or restaurant concepts.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
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Risks
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