3500 W 159th St Markham IL 60428
PRIME COMMERCIAL LOCATION AT A GREAT PRICE ON A VERY BUSY ROAD 26,900 CARS DAILY ON THIS ROAD
Ideal for owner occupier who's thinking of starting a business or moving up in space or for the savvy investor.
Brick building- Built 1956 - 4,944 sq ft on 0.27 acres.
Ideal for: retail, service/ gas station, restaurants, bar & grill, store, offices, service center, wholesales, supermarkets, auto dealers/ services.
Highly visible, on a major road with a lot of commercial business activity. Needs some work to make it rentable but has excellent potential.
THIS IS A PRIME LOCATION SUITABLE FOR A VARIETY OF BUSINESSES THAT WILL BENEFIT FROM DIRECT STREET EXPOSURE ON A BUSY ROAD.
It used to operate as a hand car wash / auto repair & beauty salon. The property was totally renovated in 2005. It is equipped with signage, 15 parking spaces, 3 bays, service areas, sitting room, office, break room, 3 baths and the salon with 6 work stations, 1 manicure. station, 1 pedicure station, 3 wash bowls and much more.
Great Location:
Markham is very well linked with an important network of roads. Interstate highways: I-57, I-80, Illinois Tristate I-294 and additional highways U.S. 6 and U.S. 54 make Markham a natural hub to transportation, to all points in the nation.
The property is located on 159th St in Markham, which links the Interstate 57 to the Tri-State I-294, a very busy road with a significant number of commercial properties and businesses which include: Family Dollar, McDonalds, Burger King, Walgreens, Taco Bell, Dunkin Doughnuts, Popeyes and Illinois Currency Exchange.
This property is located on busy street over 26,000 cars daily.
Highly visible, this is a great location for a variety of businesses
Demographics
Total Population (within 3 miles): 100,535
Total Population (within 5 miles): 260,450
Population change 2010-2013(within 3 miles): +4.09%
% vacant housing units (within 1 mile): 4.55%
Average Household Income: $60,021
THIS IS A UNIQUE OPPORTUNITY FOR THE SAVVY BUSINESS OWNER, DEVELOPER OR INVESTOR TO OWN A POTENTIALLY HIGH INCOME PROPERTY AT A DISCOUNTED PRICE IN A GREAT LOCATION.
Great investment opportunity:
Property was in listed January 2014 for: $300,000
Parcel ID #: 28-14-425-041-0000
PROPERTY IS SOLD AS IS, WHERE IS-
Buyer is to assume taxes, liens and encumbrances (if any).
Winning bidder must contact the seller within 24 Hours after the close of the auction with full details of the buyer.
Buyer will also be responsible for $500 deed prep and doc fee as well as 8 % premium.
10% non-refundable deposit, auction premium and $500 deed preparation and doc fee are due within 48 hours of auction close.
Final Payment to be made within 2 weeks of the Auction close.
All bidders to do their due diligence. Sold on a Quit Claim Deed with buyer assuming any taxes and tax redemptions, liens and encumbrances (if any). No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding these assets. All buyers are deemed to have relied entirely on their own information, judgments and inspections of the property in making the decision to purchase the property.
