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3645 Union Ave

25,713 SF 100% Leased Industrial Building Steger, IL 60475 £979,125 (£38/SF) 8% Net Initial Yield

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Investment Highlights

Income Producing Property of 5+ Acres

Room to Expand, Multiple Tenants, Low Will County Taxes

Executive Summary

As of December 2024 Current Tenants w Leases & 90 day termination notice if landlord requires such.
Front BuildingNorth Section 4,300 sf $3,000.00 month + Utilities , Auto Repair
Mid Section 6,500 sf $2,000.00 month + Utilities
South Section 2,100 sf $1,000.00 month + Utilities
Rear Building 7,500 sf $4,000month + Utilities, Auto Works
Additional Building to North of Main Building needs major renovations and or tear down 2,685 sf
Total Square Feet under roof between 3 Buildings 25,713 sf
Electric 200 Amp & 100 amp services / City Water & Sewer
PROPERTY HIGHLIGHTS
$10,000.00 + Monthly Income
Potential for Additional Income

1. CBC - Brochure

Financial Summary (Actual - 2023)	Annual	Annual Per SF
Taxes	£12,924	£0.54
Operating Expenses	-	-
Total Expenses	£12,924	£0.54

Financial Summary (Actual - 2023)

Taxes
Annual	£12,924
Annual Per SF	£0.54

Operating Expenses
Annual	-
Annual Per SF	-

Total Expenses
Annual	£12,924
Annual Per SF	£0.54

Property Facts

Price	£979,125	Lot Size	5.30 AC
Price Per SF	£38	Rentable Building Area	25,713 SF
Sale Type	Investment or Owner User	Number of Floors	1
Net Initial Yield	8%	Year Built	1963
Property Type	Industrial	Parking Ratio	0.58/1,000 SF
Property Subtype	Warehouse General Retail Auto Dealership General Retail Auto Repair General Retail Storefront Retail/Office	Clear Ceiling Height	18 ft
Building Class	C	Level Access Doors	11

Price	£979,125
Price Per SF	£38
Sale Type	Investment or Owner User
Net Initial Yield	8%
Property Type	Industrial
Property Subtype	Warehouse General Retail Auto Dealership General Retail Auto Repair General Retail Storefront Retail/Office
Building Class	C
Lot Size	5.30 AC
Rentable Building Area	25,713 SF
Number of Floors	1
Year Built	1963
Parking Ratio	0.58/1,000 SF
Clear Ceiling Height	18 ft
Level Access Doors	11

Amenities

Signage

Lighting - Fluorescent
Gas - Natural
Water - City
Sewer - City
Heating - Gas

1 of 1

PROPERTY TAXES

Parcel Number	15-04-116-052	Total Assessment	£17,584
Land Assessment	£17,584	Annual Taxes	£12,924 (£0.50/sf)
Improvements Assessment	£0	Tax Year	2023 Payable 2024