15131 Kedzie AveMarkham, IL 60428

Property Details for 15131 Kedzie Ave

Year built

1997

Lot size

4.69 AC

Property type

Auto shops

APN

28-13-100-008

APU

2813100008

Description

This exceptional 9,162 square foot industrial property in Markham, Illinois, presents a compelling investment opportunity. The property boasts a two-story building encompassing a ±6,060 square foot warehouse/maintenance building and a new 3,102 square foot office space. The warehouse features six 12'w x 14'h drive-in doors and a 16' clear height ceiling, ideal for efficient loading and storage. The modern office building includes an elevator, five private offices, two break areas, two conference rooms, and four bathrooms (two per floor). The property sits on a 4.69-acre lot, offering ample secured yard space for outside storage. Zoned L2 (Light Manufacturing), this property is eligible for Class 8 Property Tax Incentives. Its strategic location provides convenient access to major transportation arteries, including I-57 (1.5 miles), I-294 (2.5 miles), and I-80 (3.5 miles), as well as proximity to the CN Intermodal Yard (5 miles), Midway Airport (14 miles), and Downtown Chicago (35 miles). This versatile property is suitable for a variety of industrial and distribution uses. The asking price is $5,200,000.

• CAP approach

  CAP return

  Valuation

  6%

  $96,512,720

  6.5%

  $89,088,664

  7%

  $82,725,192

• Comparable approach

  Method

  Valuation

  Relative Method

  $67,056,076

  Geo Method

  $67,056,076

• Alternative Use

  Use

  Valuation

  Residential

  $75,149,624

  Hospitality

  $68,836,648

  Educational

  $57,271,284

  Medical

  $59,240,932

  Retail

  $89,088,664

Location Insight

City

Markham

County

Cook

State

Illinois

Latitude

41.6175

Longitude

-87.6965

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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