3301 159Th St Markham, IL 60428
This exceptional 3.5-acre commercial land parcel in Markham, Illinois, presents a unique investment opportunity. Located at 3301 W. 159th St., this property is zoned C1 and boasts all utilities readily available on-site. The lot offers significant potential due to its strategic location, enjoying high visibility with a daily traffic count of 28,100 vehicles. Its proximity to major interstates I-57, I-294, and I-80 provides unparalleled access to regional transportation networks. The property is immediately available for development and benefits from Cook County's Tax Class 8 program. The parcel is clean and ready for immediate use. The land is offered at $1,525,000, with a land value of $10 per square foot. The seller is willing to consider dividing the parcel. This presents a rare chance to acquire a highly desirable commercial site in a thriving area of Cook County, Illinois, with excellent access and visibility. The 60428 zip code ensures easy access to a robust workforce and consumer base. This property is ideal for a variety of commercial uses, subject to zoning approvals.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.