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Property profile & analytics

3334 Chicago Rd Steger, IL 60475

  • Retail space
  • 0.14 lot acres
For Sale
Last Sale
Apr 17, 2023
$35,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-0876637
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Retail space

Property Details for 3334 Chicago Rd

Year built
1948
Lot size
0.14 lot acres
Property type
Retail space
APN
32-32-429-020
APU
3232429020

Description

This 3,000 square foot commercial building in Steger, Illinois, presents a unique opportunity for business owners and investors. Located at the intersection of Chicago Road and Steger Road, the property boasts excellent visibility and accessibility. The building is highly adaptable, offering flexible space configurations. It can be utilized as a single large space, or easily divided into two units (2,000 sq ft and 1,000 sq ft) or three units (each 1,000 sq ft). The building includes functional restrooms and a utility room equipped with a utility sink and plumbing for a potential additional bathroom. Modern amenities include individual furnaces, newer tankless water heaters, central air conditioning units, and a robust 200-amp electrical service. A private parking lot is situated at the rear of the building, providing ample parking for tenants or customers. Recent renovations have been completed, making the property move-in ready. The "as-is" sale condition reflects the current state of the property, which is fully functional and ready for immediate occupancy or leasing. This versatile building is ideal for a variety of business uses, offering a strong return on investment for the discerning buyer. High traffic counts at this intersection ensure excellent exposure for any business operating from this location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Steger
County
Cook
State
Illinois
Longitude
-87.6364
Latitude
41.4703
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$17,999
$11,718
$32,715
$44,433
-
$46,872
$130,860
$177,732
More about this property
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