CRE Admin

Markham, WA High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Markham, Washington Market population: 13K. Explore income-producing properties with verified cap rates and operating...

Advertisement
Cap Rate: High NOI: Any Tax Rate: Any Price: Any Size: Any
Clear All
No exact matches found. Showing similar properties near Markham.
1 properties found
REI Capital advisor
Investor Pitch Deck

Don’t just search properties. See why investors choose REI Capital.

Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.

REI Capital advisor
⭐ Featured

Investment Opportunity in La Grange Park, IL

$1,190,000
La Grange Park Multifamily

This multifamily apartment property located in La Grange Park, IL, presents a compelling investment opportunity for real...

Cap Rate 7.68%
NOI $91,392
Size 5,200 SF

πŸ“Š Avg Property Tax Rate For Markham IL Properties: 5.3700%

πŸ“Š Average Income For Markham IL Commercial Property: $39,459

Investor Questions For Markham IL

Common questions from investors exploring commercial real estate in Markham IL.

What's the overall investment potential of Markham, IL, considering its demographics and economy? +
Markham's 23.0% poverty rate and $39,459 median household income suggest a working-class market, but its 90.1% health insurance coverage and diverse top industries like Finance & Insurance and Manufacturing indicate a degree of employment stability and market demand, making it a potential investment opportunity.
How does the city's commute time and transportation infrastructure impact its attractiveness to renters? +
The 31.6-minute average commute time in Markham, combined with its top commute methods of driving alone, carpooling, and working from home, indicates a relatively manageable commute, which, paired with the city's 70.5% homeownership rate, suggests a stable rental market with opportunities for investment.
What role does ethnic diversity play in shaping the local real estate market in Markham? +
Markham's diverse population, with top ethnicities including Black (64.2%), White (12.3%), and Hispanic (8.7%), contributes to a vibrant community, and when considered alongside its top industries like Public Administration and Manufacturing, it suggests a market with a broad base of demand, potentially supporting rental yields and property appreciation.
How do poverty rates and health insurance coverage in Markham influence the quality of tenants and property maintenance? +
The 23.0% poverty rate in Markham, while concerning, is somewhat mitigated by the 90.1% health insurance coverage, indicating that many residents have access to employment and healthcare, which can contribute to a more stable tenant base and better property maintenance, factors that are crucial for real estate investors.
What insights can be gleaned from Markham's median property value, property taxes, and homeownership rate for real estate investment? +
Markham's median property value of $106,500, paired with its $3,219 median property taxes and a homeownership rate of 70.5%, suggests a relatively affordable housing market with a strong preference for ownership, which could indicate opportunities for investors to capitalize on rental demand from the remaining 29.5% of the population that rents, particularly in a market with diverse industries and a manageable commute time.

Markham IL Real Estate & City Facts

Key facts and real estate information about Markham IL.

What are some of the best neighborhoods to live in Markham? +
Some of the best neighborhoods to live in Markham, IL, are Markham Village, Bullock, and areas in the south parts of the city. These neighborhoods offer a mix of affordable homes and more desirable areas with beautiful architecture. For example, Markham Village is a diverse and family-friendly neighborhood with a strong sense of community.
What are some fun things to do in Markham? +
There are plenty of fun things to do in Markham, IL. You can visit Martin Luther King Park, play tennis at the Martin Luther King Park Tennis Courts, or try your luck at Dotty's casino. If you're looking for outdoor activities, you can rent a boat from CE Boating or watch a movie at Fab Fun's outdoor movie screenings. Additionally, you can check out events and things to do on Eventbrite, such as music nights or golf tournaments.
What is the food scene like in Markham? +
The food scene in Markham, IL, is diverse and offers a range of options. You can try barbecue at Exsenator BBQ or Harold's Chicken Shacks, or grab a slice of pizza at DREAM'S PIZZA ON THE 9. If you're in the mood for something different, you can head to Maple Tree Inn for Creole/Cajun/Southern cuisine or 69 Prime for a unique dining experience. There are also plenty of great food trucks and restaurants near W 159th St, such as Wing Wah Restaurant or Philippine Resto.
What are the pros and cons of living in Markham? +
The pros of living in Markham, IL, include its diverse and family-friendly neighborhoods, affordable homes, and a strong sense of community. However, some cons include a higher poverty rate and unemployment rate compared to other areas. Additionally, some residents have mentioned that there could be more amenities and services in the area. Overall, Markham is a great option for those looking for a affordable and community-oriented place to live.
Is Markham a good place to live? +
Markham, IL, is a good place to live for those who value a diverse and family-friendly community. While it may have its challenges, such as a higher poverty rate, it also offers affordable homes and a strong sense of community. With its mix of outdoor activities, events, and dining options, Markham is a great option for those looking for a affordable and community-oriented place to live. However, it's essential to weigh the pros and cons and consider individual preferences and priorities when deciding if Markham is the right fit.
Advertisement