3200 159Th StMarkham, IL 60428

Property Details for 3200 159Th St

Property size (Sq ft)

5,066 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

This exceptional investment opportunity presents a fully occupied, 5,066 square foot neighborhood shopping center located at 3200 W 159th St, Markham, IL 60428. The property, situated on a hard corner with high visibility at the intersection of Kedzie Avenue and 159th Street, boasts a daily traffic count of 28,244 vehicles. The single-story building, renovated in 2009, features a diverse tenancy including a currency exchange, Metro T-Mobile, JR Tobacco, and GoCredit. Ample parking is available for 40 vehicles, further enhancing the property's appeal. The prominent pedestal signage ensures excellent visibility for tenants. The property sits on a substantial 36,149 square foot lot and is zoned C-1 for neighborhood shopping, aligning perfectly with its current use. The asking price is $1,050,000, translating to $207.26 per square foot. The property's strong tenant mix, high occupancy rate (100%), and strategic location near the I-57 interchange make it an attractive investment. Nearby retailers include Subway, Dunkin', Dollar Tree, AutoZone, and various restaurants. The 2023 property taxes totaled $39,527.45. This is a rare opportunity to acquire a well-established, high-performing retail center in a thriving south suburban Cook County community.

Location Insight

City

Markham

County

Cook

State

Illinois

Latitude

41.601

Longitude

-87.6952

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