Income Producing Retail, Service, Warehouse Property

For Sale

3645 Union Ave, Steger, IL 60475

This Steger property for sale is located at 3645 Union Ave. The current listed sale price for Income Producing Retail, Service, Warehouse Property is $825,000. Income Producing Retail, Service, Warehouse Property is situated on a lot that is 5.19 acre in size.

Contacts

broker
Kenneth Peach

Coldwell Banker Realty

Property Details

  • Property Type Retail
  • Lot Size 5.19 Acre
  • # of Floors 1
  • Parking Spaces Avail. 200
  • Year Built 1963
  • Date Updated Apr 18, 2025
5.19 Acres +/- site w 369’ of frontage on Union Ave. Gross Income $120,000 annual / Net $90,819.00 Cap Rate 11% $10k+ Monthly Income Main Building 15,528 sf w various ceiling heights from 10’6” to 18’9” Gas Heat and floor drain. North Section 4,300 sf 64’x61’ with CH of 18’9” and DID: 1-16’x16’ $3,000.00 month + Utilities, Auto Repair Middle Section 6,500 sf 182’ x 100’ w CH of 10’8” & 3 DID: 1- 10W x 12’6” T / 1- 12W x 10’T / 1-12’W x 11’T $2,000.00 month + Utilities South Section 2,100 sf Measures 60 x 40.73 with CH of 10’6” $1,000.00 month + Utilities East Bay 1,200 sf 20’ x 60’ with CH of 11’3” DID: 1- 10’W x 12’ T (Owners Unit to be rented for additional $700.00 per month) East Building 7,500 sf Measures 60 x 125 used as a Auto Repair facility CH 15’6” 4 DID: 10’W x 12’T 2 DID: 22’W x 14’T 2 DID 10’ W x 14’T Leased $4,000.00 Monthly + Utilities Additional Building to North of Main Building Needs major renovations and or tear down 2,685 sf Total Square Feet under roof between 3 Buildings 25,713 sf Real Estate Tax 2023 $16,207.56 / Insurance $9,553.00 CAM $2,000.00 Owners Expense Total 29,181.009 Leases w 90-day termination notice if Buyer is owner user. Electric 200 Amp & 100 amp ZONING B-3
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Highlights

  • Mixed use area great for retail & sevice companies
  • Age: Over 50 Years Old
  • Sewer: City
  • Lot Size: 5-10 Acres
  • Water: City Water
  • INCOME PRODUCING 5+ Acres & Warehouse / Retail / Service
  • 10% CAP RATE / 3 Buildings Total 25,713 sf Under Roof / Room to add more buildings
  • 60 Minutes to Downtown Chicago w Low Will County Tax's

Attachments

Getting around

  • 64/100

    Walk Score ®

  • 43/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Steger, IL
  • Zip Code 60475
  • Market Chicago

Points of Interest

  • 211th Street (Lincoln Highway)

    4.47 miles

  • University Park

    4.72 miles

  • Flossmoor

    5.93 miles

  • Homewood

    7.02 miles

  • Calumet

    7.66 miles

  • Shell

    0.26 miles

  • BP

    0.35 miles

  • Steger Citgo

    0.40 miles

  • Speedway

    0.85 miles

  • Marathon

    1.14 miles

  • Mobil

    1.64 miles

  • Citgo

    2.72 miles

  • Tesla Supercharger

    9.53 miles

  • Hap Bruno Field

    3.22 miles

  • U-Pull-It Salvage Yard

    3.32 miles

  • Matteson Metra Station Lot #2

    4.23 miles

  • Matteson Metra Station Lot #1

    4.34 miles

  • Campground Parking Lot

    4.58 miles

  • Equestrian Trailer Parking

    5.12 miles

  • Southland College Prep Parking Lot

    5.13 miles

  • Petro Truck Stops - Extended Parking

    6.82 miles

  • Pace Homewood Park & Ride

    6.89 miles

  • Strip Mall Parking Lot

    8.01 miles

  • Scrementi's Restaurant

    0.27 miles

  • Little Caesars

    0.46 miles

  • Subway

    1.03 miles

  • Dunkin'

    1.09 miles

  • Burger King

    1.11 miles

  • Wingstop

    1.15 miles

  • McDonald's

    1.15 miles

  • Domino's

    1.17 miles

  • KFC

    1.30 miles

  • Aurelio's Pizza

    1.43 miles

  • Save-A-Lot

    1.01 miles

  • Jewel-Osco

    1.08 miles

  • Heights Fresh Market

    2.50 miles

  • Walt's Food Center

    2.74 miles

  • Jet Foods

    2.96 miles

  • WSI (Warehouse Specialists, LLC)

    3.07 miles

  • Kohl's

    3.10 miles

  • ALDI

    3.38 miles

  • Food 4 Less

    3.58 miles

  • Walmart Supercenter

    3.77 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Kenneth Peach

Coldwell Banker Realty

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