Steger, IL 60475 3201 Union Avenue
$550,000



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Presented By: Keller Williams Preferred Rlty
Home Details
Huge 10,950 SF, two-story mixed-use building sitting on 0.42 acres, offering massive investment potential! The first floor features two retail/office spaces with private entries. Along with a 2bedroom 1bath apartment. While the second floor boasts two spacious 3-bedroom, 2-bath apartments. Also featuring a beautifully remodeled basement, with 9' ceilings, an open-concept layout, heating, a kitchenette, and restrooms. Currently being used as a Banquet for event rentals and parties, adding even more monthly income!!! Ample Parking (36 spaces along the front, side, and fenced rear), this property is a fantastic opportunity. Priced below replacement cost, don't miss your opportunity to purchase an income generating property with huge potential for larger returns!!!
Presented By: Keller Williams Preferred Rlty
General for 3201 Union Avenue
Additional Parcels Y/NNo
CitySteger
CoolingNone
CountyCook
DirectionsOn Union Avenue between 33rd Street and 31st Street
ElectricOther
Electric Expense2280
Fuel Expense
Gross Income67200
Insurance Expense3980
Lot Size Square Feet18295
MLS AreaSteger
Net Operating Income45312
Number Of Units Total5
Operating Expense21888
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount12568
Tax Year2022
Tenant PaysElectricity, Heat, Janitorial Service
TownshipBloom
Trash Expense1560
Water Sewer Expense1500
Year Built1976
ZoningCOMMR
Exterior for 3201 Union Avenue
Lot Dimensions50X100
Additional Details
Price History
