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3102-3108 Louis Sherman Drive Chicago Heights, IL 60475

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For Sale
$850,000

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

Type:Industrial
Lot size:
1.35 Acres
Added:
Mar 5, 2026
Days on Market:
27
Last Refresh:
Mar 25 at 8:55 pm

Property Features for 3102-3108 Louis Sherman Drive

General Information

Standard status
Active
Lot size
1.35 Acres
Property subtype
Industrial

Building Details

Year Built
1987

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Listing Contact
Mark Wright

Listing agent Mark Wright License #475182410

Listing office

Listing date Mar 5, 2026

Source Cbcworldwide

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 Mark Wright


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 Building Supply Gym & Fitness Center Pharmacy

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

Location Insight

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  • Local Demand
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 Drive 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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