Multi-Tenant Industrial Building For
3102-3108 Louis Sherman Drive, Chicago Heights, IL 60475
Light industrial building with fenced yard, ideal for owner-user.
Type:Industrial
Lot size:
1.35 Acres- Added:
- Mar 5, 2026
- Days on Market:
- 72
- Last Refresh:
- Apr 5 at 8:44 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
Listing agent Mark Wright License #475182410
Listing office (708) 612-2782
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
HighLights
- 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.
- Separate utilities (water, electric, and gas) for each of the 5 units.
- Heavy steel I‑beam construction, metal siding and roofing for low maintenance.
- B‑3 zoning accommodates various uses (verify with City of Steger).
Overview
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
Location Insight
- Map
- Local Demand
- City
- Chicago Heights
- County
- Cook
- State
- Illinois
- Longitude
- -87.6397
- Latitude
- 41.4705
Nearby Similar for Sale
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.
