3645 Union Ave 23,800 SF 100% Leased Industrial Building Steger, IL 60475 $1,581,204 CAD ($66.44 CAD/SF) 10.63% Cap Rate

5.19 acres +/- site with 369’ of frontage on Union Ave.
Income Producing Property -w- Potential for Additional Income
Gross Income $150,000 annual / Net $122,247.00 Cap Rate 10%
Front Building North Section 4,300 sf $3,000.00 month + Utilities , Auto Repair
Mid Section 6,500 sf $3,700.00 month + Utilities
South Section 2,100 sf $1,000.00 month + Utilities
East 1,185 sf $800.00
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% Cap Rate / Low Will County Taxes
$12,500.00 + Monthly Income
Main Building features 15,528 sf with various ceiling heights from 10’6” to 18’9”
Gas Heat and floor drain.
North Section Measures 64’x61’ with CH of 18’9” and DID: 1-16’x16’
Middle Section Measures 182’ x 100’ with CH of 10’8” and 3 DID: 1- 10W x 12’6” T / 1- 12W x 10’T / 1-12’W x 11’T
South Section Measures 60 x 40.73 with CH of 10’6”
East Bay Measures 20’ x 60’ /1,200sf with CH of 11’3” DID: 1- 10’W x 12’ T (Owners Use)
East Building 7,500 sf Measures 60 x 125 used as a Boat / 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
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
Zoning B-3 City Water & Sewer Built in 1963
RE Tax 2025 $14,780.00 / Insurance $9,553.00 CAM $2,000.00 Approximate Total Annual Expense $27,753.00
Tenants all have their own garbage service it's about 90$ a month
Water is 80$ for the front and 80$ for the back a month
Seller pays for water.