3102 Louis Sherman DR new

Steger,IL 60475

$ 1250000

- Bed

0 Bath

10500 SqFt


Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 10,500 sqft

Price per Sqft $119

MLS Listing ID 12307982

Year Built 1987

Annual Tax Amount $36,600

Tax Year 2023

Lot Size 1.150 Acres

Lot Dimensions 125 X 400

Property Sub-Type Industrial

Property Description

Multi-Tenant investment or Owner User light industrial building with fully fenced and gated outside storage yard. Building is currently divided into 3 units that can easily be expanded to 4 or 5 units. 3 phase power with Separate utilities (Water, Electric and Gas) to each of the 5 units. 5 bathrooms and 5-14 ft overhead doors. Warehouse areas provide 14 - 15 ft high ceilings with 70 ft clear span width. 2 of the units have around 1,500 sq ft of office space each. Building is constructed of heavy steel I beams, metal siding and roofing - providing long-term, low-cost maintenance. Asphalt paved parking lot for approximately 40 cars. Unit 3102 has an attached building generator and infrared tube heaters installed in warehouse area. B-3 zoning that will accommodate various uses such as auto repair, contractor office/warehouse, distribution, equipment/implement sales and various storage/warehousing operations- verify with City of Steger for approved uses. Building mostly vacant with one long term tenant on month-to-month basis. Stated income and expenses are "pro-forma". Excellent location - 2 miles to I 394 and 10 miles to I 80/ I 294.

Location

State IL

County Cook

Area Steger

Zoning INDUS

Interior

Cooling Office Only

Fireplace N

Exterior

Roof Type Metal

Building

Dwelling Type Industrial

Level or Stories 1

Structure Type Steel Siding

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