3334 Chicago Rd, Steger, IL 60475
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.