16400 Dixie HwyMarkham, IL 60428
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 125
Highlights
- Exceptional Markham, IL investment opportunity: two-story 2,400 SF office building, 6,000 SF three-bay repair shop, and 5-acre lot with 80+ parking spaces.
- High-visibility Dixie Hwy location with 720' frontage, convenient I-294, I-80, & I-57 access.
- Currently 100% occupied, generating $414,000 NOI ($354,000 pro-forma), 9.41% cap rate (8.05% pro-forma).
- Completely renovated in 2016; two units, each priced at $2,200,000; asking price $4,400,000.
- Includes a permanent trucking company tenant, truck parking permit, and low annual property taxes of $39,000; one-year lease expiring November 1, 2024; trucking-permitted zoning.
Property Details for 16400 Dixie Hwy
- Property type
- Warehouses, Office properties
- Square Feet
- 8,400 SF
- Year Renovated
- 2016
- Buildings
- 1
- Stories
- 2
- Lot Size (sq. ft)
- 217,800 SF
- Units
- 2
Location Insight
- City
- Markham
- County
- Cook
- State
- Illinois
- Latitude
- 41.590839
- Longitude
- -87.666343
Nearby Similar for Sale
FAQs
- What type of property is this?
- Warehouse - High-yield investment, 8,400 SF
- Where is the warehouse located?
- The property is located at 16400 Dixie Hwy Markham, IL.
- What is the asking price?
- The asking price for this property is $4,400,000.
- What are key features of this property?
- This property features: Exceptional Markham, IL investment opportunity: two-story 2,400 SF office building, 6,000 SF three-bay repair shop, and 5-acre lot with 80+ parking spaces.; High-visibility Dixie Hwy location with 720' frontage, convenient I-294, I-80, & I-57 access.; Currently 100% occupied, generating $414,000 NOI ($354,000 pro-forma), 9.41% cap rate (8.05% pro-forma).
- How can I contact the broker?
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