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Property profile & analytics
OFF-MARKET
Commercial real estate

3301 159Th St Markham, IL 60428

3.5 ac lot
Property ID
US28-1091497
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 3.5 ac (152,460 SF)
UPID US28-1091497
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
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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