3645 Union Ave
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3645 Union Ave
25,713 SF 100% Leased Industrial Building Steger, IL 60475 $1,250,000 ($49/SF) 8% Cap Rate
Investment Highlights
- Income Producing Property of 5+ Acres
- Room to Expand, Multiple Tenants, Low Will County Taxes
Executive Summary
As of December 2024 Current Tenants w Leases & 90 day termination notice if landlord requires such.
Front BuildingNorth Section 4,300 sf $3,000.00 month + Utilities , Auto Repair
Mid Section 6,500 sf $2,000.00 month + Utilities
South Section 2,100 sf $1,000.00 month + Utilities
Rear Building 7,500 sf $4,000month + Utilities, Auto Works
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
Electric 200 Amp & 100 amp services / City Water & Sewer
PROPERTY HIGHLIGHTS
$10,000.00 + Monthly Income
Potential for Additional Income
Front BuildingNorth Section 4,300 sf $3,000.00 month + Utilities , Auto Repair
Mid Section 6,500 sf $2,000.00 month + Utilities
South Section 2,100 sf $1,000.00 month + Utilities
Rear Building 7,500 sf $4,000month + Utilities, Auto Works
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
Electric 200 Amp & 100 amp services / City Water & Sewer
PROPERTY HIGHLIGHTS
$10,000.00 + Monthly Income
Potential for Additional Income
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$16,500
|
$0.69
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$16,500
|
$0.69
|
Financial Summary (Actual - 2023)
| Taxes | |
|---|---|
| Annual | $16,500 |
| Annual Per SF | $0.69 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $16,500 |
| Annual Per SF | $0.69 |
Property Facts
Amenities
- Signage
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
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PROPERTY TAXES
| Parcel Number | 15-04-116-052 | Total Assessment | $22,448 |
| Land Assessment | $22,448 | Annual Taxes | $16,500 ($0.64/SF) |
| Improvements Assessment | $0 | Tax Year | 2023 Payable 2024 |
PROPERTY TAXES
Parcel Number
15-04-116-052
Land Assessment
$22,448
Improvements Assessment
$0
Total Assessment
$22,448
Annual Taxes
$16,500 ($0.64/SF)
Tax Year
2023 Payable 2024
zoning
| Zoning Code | B-3 (B-3 Service-Wholesale-Retail.) |
| B-3 (B-3 Service-Wholesale-Retail.) |
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3645 Union Ave
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