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3102-3108 Louis Sherman Dr Chicago Heights, IL 60475

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For Sale
$850,000

Light industrial building with fenced yard, ideal for owner-user.

Lot size:
1.35 Acres

Property Features for 3102-3108 Louis Sherman Dr

General Information

Lot size
1.35 Acres

Building Details

Year built
1987

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Listing Contact
Mark Wright
Source: Cbcworldwide

Listing Agent: Mark Wright

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Multi-Tenant Industrial Building For Sale

This multi-tenant or owner-user light industrial building features a fully fenced and gated outside storage yard. The building is currently divided into 3 units, with the potential to expand to 4 or 5 units. It includes 3-phase power and separate utilities (water, electric, and gas) for each of the 5 units. The property contains 5 bathrooms and 5 overhead doors that measure between 14 feet high. Warehouse areas offer 14 to 15-foot high ceilings with a 70-foot clear span width. Two of the units each have approximately 1,500 sq ft of office space. Constructed with heavy steel I-beams, metal siding, and roofing, the building is designed for long-term, low-cost maintenance. An asphalt-paved parking lot accommodates approximately 40 cars. Unit 3102 includes an attached building generator and infrared tube heaters in the warehouse area. The B-3 zoning accommodates various uses, including auto repair, contractor office/warehouse, distribution, equipment/implement sales, and various storage/warehousing operations; verification with the City of Steger is recommended for approved uses. The building is mostly vacant, with one long-term tenant on a month-to-month basis. The stated income and expenses are "pro-forma". The property is situated in an excellent location, 2 miles from I 394 and 10 miles from I 80/I 294, and sits on 1.35 acres.
Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Daycare Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Chicago Heights
County
Cook
State
Illinois
Longitude
-87.6397
Latitude
41.4705

FAQs

What type of property is this?
Flex space - Light industrial building with fenced yard, ideal for owner-user.
Where is this flex space located?
The property is located at 3102-3108 Louis Sherman Dr Chicago Heights, IL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: - Excellent location: Just 2 miles to I-394 and 10 miles to I-80/I-294.; - Multi-tenant investment or owner-user opportunity with potential for 3-5 units.; - Fully fenced and gated outside storage yard.
More about this property
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