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



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.
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
|
| Total 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 | Rentable Building Area | 5,000 SF |
| Price Per SF | $65.10 | No. Stories | 1 |
| Sale Type | Owner User | Year Built | 1997 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Clear Ceiling Height | 15’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 0.27 AC | ||
| Zoning | B-3 - Commercial | ||
| 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
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Property Taxes
| Parcel Numbers | Total Assessment | $71,918 | |
| Land Assessment | $7,938 | Annual Taxes | ($5,000) (($1.00)/SF) |
| Improvements Assessment | $63,980 | Tax Year | 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$7,938
Improvements Assessment
$63,980
Total Assessment
$71,918
Annual Taxes
($5,000) (($1.00)/SF)
Tax Year
2025
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Videos
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Photos
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Presented by
Walter Wodziak
3008 Louis Sherman Dr
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