Flex Space

2024 W. 163rd St. Markham, IL 60428

Property Type:
Last Verified:
Jun 23, 2022


  • Property Type: Flex
  • Current Use: Retail
  • GBA: 30,000 SF
  • Lot Size: 1.88 AC
  • Zoning: L-1 (Light Manufacturing)
  • Distance from I-294: 1 Mile
  • Distance from I-80: 2 Miles
  • Truck Bays: 1
  • Door Height: 15 Ft
  • Clear Height: 14 Ft
  • Parking Spaces (Surface): 100
  • PIN: 29-19-131-007, 29-19-131-006,29-19-131-005
  • Taxes (2020): $168,905.91


2024 W 163rd St is a 30,000 SF freestanding flex property located in Markham, IL. This brick-constructed property is zoned L-1 which allows light manufacturing and other light industrial uses. The subject property is currently fully occupied with retail tenants, exemplifying the flexibility of the subject property. It’s well-positioned logistically in a prime location in Markham's large industrial corridor; I-80, I-294 the CN Chicago Intermodal Terminal and the new 800,000 SF Amazon facility are all less than two miles away. 2024 W 163rd is also located directly west of a residential area, generating plenty of commercial traffic to the retail store fronts. The property provides significant parking for all current and future tenants of the building. This space would work well for owner/users or traditional investors.

This property is located on the northern end of Markham's largest industrial site. In between the intermodal railyard and the I-294 & I-80, this location offers plenty of accessibility for commercial/ industrial operations. Additionally this is about 2 Miles from where the I-294 and I-80 highways merge. Furthermore, the subject property is located just off a large residential pocket which provides plenty of traffic to the retail store fronts.

Building Size: 34055sq ft
Lot Size: 1.88 acres


Property Brochure

Map of 2024 W. 163rd St., Markham, IL, 60428

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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