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3533 W 159th Street, Markham, IL 60428
$271,000
3533 W 159th Street, Markham, IL 60428View this property at 3533 W 159th Street, Markham, IL 60428
3533 W 159th StreetMarkhamIL60428
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Property Description
Former Kick-off Bar & Grill presents an exciting opportunity in Markham, IL. This turn-key business and real estate package offers a vibrant mix of potential for the savvy investor. With a starting bid of $75,000, this property boasts a family-style restaurant, bar, storefront, and a spacious 2-bedroom apartment above, offering additional income potential. Located conveniently off I-57 and minutes from I-294, this property enjoys great visibility and high daily traffic counts of 27,200. The ample on-site parking and a huge outdoor beer garden make it a sought-after destination for patrons. The owners have made significant updates, with renovated floors in 2020 and half of the roof replaced in 2021. The electrical, plumbing, and boiler were all updated in 2004, ensuring a smooth operation for the new buyer. The village authorities are eager for a family-style restaurant to come into town or for the property to be redeveloped, making this an ideal opportunity for ambitious entrepreneurs and developers. Don't miss your chance to own Former Kick-off Bar & Grill at 3533 W 159th St. Seize this rare chance to unleash its full potential and create a flourishing establishment in this prime location. Bidding starts on March 4th. Act now and make your mark in Markham! Non-Contingent Earnest Money Deposit is Greater of $20,000 or 10% of the Purchase Price Marketing Fee: 5% of the Winning Bid Amount, $20,000 minimum $10,000 Participation Deposit
Full Property Details
Full Property Details for 3533 W 159th St
General
- Sold For: $271,000
- Taxes: $15,291 (2022)
- Status: Closed
- Type: Commercial
- MLS ID: 11419497
- Added to Site: 712 day(s) ago
Interior
- Interior Features: Public Restroom(s), Skylight(s), Storage Inside, Furnished Units Available
Additional Information
- Security/Safety: Fire Extinguisher(s)
Parking
- Parking Features: 19 to 30 Spaces
Location
- Area: Markham
- County: Cook
- Driving Directions: I-57 TO 159th STREET. EXIT AND GO EAST TO THE ADDRESS. PROPERTY ON SOUTH SIDE OF STREET
- Location Details: Central Business District, Mixed-Use Area, Public Transport Avail, Freestanding/Urban
Heating & Cooling
- Cooling Type: Central Air Conditioning, Window Unit(s)
- Heating Type: Forced Air, Gas, Hot Water
Utilities
- Onsite: Electricity to Site, Gas to Site, Water to Site
Structural Information
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 3,450
- Current Bldg. Use: Commercial
- Year Built: 1987
Lot Features
- Lot Size (Sq. Ft.): 13,965
- Lot Dimensions: 133 x 105
- Frontage: City Street, Public Road, Signal Intersection, Paved
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1987
- Tax Amount: $15,291
- Tax Year: 2022
- Tenant Pays: Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Roof, Scavenger, Sewer
Disclosures and Reports
- Property ID: 28232000030000
Listed by Re/Max 10
Sold by Non Member
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Schools
Schools serving 3533 W 159th St
School Districts:Prairie-Hills Esd 144, Bremen Community High School District 228
Rating | Name | Grades | Distance |
---|---|---|---|
16239 Lawndale Ave, Markham, IL 60428 | K-5 | 0.4 mi | |
16315 Richmond St, Markham, IL 60428 | 6-8 | 0.9 mi | |
6111 175th St, Tinley Park, IL 60477 | 9-12 | 3.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3533 W 159th St
Date
Details
Price
Change
Source
4/24/2024
Sold
$271,000
-32.23%
MLS
2/17/2023
Price Reduced
$399,900
-10.94%
MLS
5/31/2022
Listed
$449,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3533 W 159th Street, Markham, IL 60428 (MLS# 11419497) is a Commercial property that was sold at $271,000 on April 24, 2024. Want to learn more about 3533 W 159th Street? Do you have questions about finding other Commercial real estate for sale in Markham? You can browse all Markham real estate or contact a Coldwell Banker agent to request more information.