2959 W 159th St - Department Store CONDO FOR SALE


Markham, IL 60428
$9,850,000 USD
312-217-9917
2959 W 159th St, Markham, IL for Sale
$9,850,000 USD
Department Store CONDO - FOR SALE
1/19
null | 8.95% Cap Rate

2959 W 159th St
Markham, IL 60428


HIGHLIGHTS

  • Valuable Long Term Leases
  • National Tenants

OVERVIEW

The offering represents an investor the opportunity to acquire a 103,112 square foot building Anchored by Fairplay Grocery Store ( since 1983), including a valuable Pad Site. The property is being offered free and clear of debt and will be sold "As IS/Where Is" with no warranties from the Seller. The property is located in Markham, IL at the intersection of 159th St. and Kedzie Ave. The center is 70% occupied with plenty of upside to lease out vacant space.

FOR SALE DETAILS

PRICE

$9,850,000 USD

PRICE/SF

$96 USD /SF

CAP RATE

8.95%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Canterbury Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Department Store

TOTAL BUILDING SIZE

269,311 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

1500

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

B-3

APN/PARCEL ID

28-24-101-047-0000

ASK ABOUT THIS PROPERTY

Vladimir GanzAscend Real Estate AdvisorsMore Info
312-217-9917

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Vladimir GanzAscend Real Estate AdvisorsMore Info
312-217-9917

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.