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3201 Union Avenue

Steger, IL 60475
  • $650,000
  • STATUS: Active
  • ON SITE: 15 Days
  • MLS #: 12299853
$650,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1976
County:
Area:

School Ratings & Info

Description

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!!!

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-03-15T23:59:17.317 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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3201 Union Avenue Steger, IL 60475

  • Price: $650,000
  • Status: Active
  • On Site: 15 Days
  • MLS #: 12299853
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1976
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
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!!!
Interior Features

Cooling None Heat Ventilation None

Property Features

Additional Parcels YN No Approximate Age New Rehab Built Before1978 YN Yes Electric Other Fire Protection Fire Extinguisher/s Geographic Locale South Suburban Gross Income 67200 Gross Scheduled Income 67200 Insurance Expense 3980 Mls Actual Status Active Net Operating Income 45312 Operating Expense 21888 Property Sub Type Apts/Stores Rental Price 12 Tax Annual Amount 12568 Tax Year 2022 Tenant Pays ElectricityHeatJanitorial Service Total Monthly Income 5600 Township Bloom Type Mixed Use Zoning COMMR

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Keller Williams Preferred Rlty: 708-798-1111.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-03-15T23:59:17.317 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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