Share This Listing

Message

957 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

3008 Louis Sherman Dr 5,000 SF Industrial Building Steger, IL 60475 $325,500 ($65.10/SF)

Save this listing!

Favorite this listing to get notified of price updates, new media and more

Investment Highlights

  • Functional 5,000 SF industrial building with small office buildout
  • 15-foot clear ceiling height suitable for various industrial operations
  • Zoned B-3 Commercial, providing flexibility for multiple business uses
  • Two grade-level drive-in doors for efficient loading and unloading
  • Convenient access to major highways for regional distribution
  • On-site utilities include natural gas, city water, and sewer

Executive Summary

Position your business for success with this versatile industrial property located at 3008 Louis Sherman Drive in Steger, Illinois. This single-story warehouse offers an efficient layout ideal for owner-users seeking a functional and cost-effective solution. The building includes a small office buildout, providing a convenient space for administrative operations while maintaining a predominantly open floor plan for storage, distribution, or light manufacturing.
The property features two grade-level drive-in doors, ensuring smooth loading and unloading operations. With a clear ceiling height of 15 feet, the space accommodates a variety of industrial uses. Essential utilities, including natural gas, city water, and sewer, are in place, and the building is heated for year-round comfort.
Situated on a 0.27-acre lot and zoned B-3 Commercial, this site offers flexibility for multiple business types. Its strategic location provides easy access to major transportation routes, supporting efficient regional connectivity. The property’s visibility and accessibility make it an excellent choice for businesses looking to establish or expand their presence in the Chicago Southland industrial market.
This is a rare opportunity to acquire a well-maintained industrial asset at an attractive price point, offering both immediate usability and long-term value.

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $325,500
Price Per SF $65.10
Sale Type Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.27 AC
Rentable Building Area 5,000 SF
No. Stories 1
Year Built 1997
Tenancy Single
Clear Ceiling Height 15’
No. Drive In / Grade-Level Doors 2
Zoning B-3 - Commercial

Utilities

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

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 32-33-307-028-0000
  • 32-33-307-030-0000
  • 32-33-307-031-0000
  • 32-33-307-029-0000
Land Assessment
$7,938
Improvements Assessment
$63,980
Total Assessment
$71,918
Annual Taxes
($5,000) (($1.00)/SF)
Tax Year
2025
  • Listing ID: 38215977

  • Date on Market: 10/25/2025

  • Last Updated:

  • Address: 3008 Louis Sherman Dr, Steger, IL 60475

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}