21622 Oak St, Matteson, IL 60443
Versatile workshop with office, storage, and bathroom in Matteson.
- Added:
- Jul 15, 2025
- Days on Market:
- 350
- Last Refresh:
- Mar 17 at 1:20 pm
Property Features for 21622 Oak St
General Information
- Standard status
- Active
- Size
- 832 SF
- Lot size
- 0.14 Acres
- Property subtype
- Industrial
Listing office @properties (708) 951-1714
Listing date Jul 15, 2025
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of @properties
HighLights
- Fully equipped 32' x 26' workshop with office, storage, and bathroom.
- Heated and cooled with upgraded electrical and air purification system.
- Ideal for craftsmen, woodworkers, or trade professionals.
- Ample workbench space ready for immediate use.
- Generous 50' x 120' lot with front parking.
- Prime industrial location near Downtown Matteson.
Overview
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.0k | $18.00 |
| − Vacancy | −$1.5k | −$1.80 |
| EGI | $13.5k | $16.20 |
| − OpEx | −$4.7k | −$5.67 |
| NOI | $8.8k | $10.53 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Matteson
- County
- Cook
- State
- Illinois
- Longitude
- -87.7021802
- Latitude
- 41.4962206
