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Property profile & analytics
OFF-MARKET
Retail space

3011 159th St Markham, IL 60428-4003

0.55 ac lot Built 2000
Entity Owned 13-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US28-2541061
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2000
Lot 0.55 ac (23,871 SF)
APN 28-24-101-048
UPID US28-2541061
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
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Cb Chicago Partners Ltd · 13 yrs held
Cb Chicago Partners Ltd
since 2012
3 recorded transactions
2012
$7.8M
2006
$19.7M
2006
$9.6M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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