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3344 Chicago Road

$290,000

3344 Chicago Road, Steger, IL 60475

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Last Updated: 02/01/2025

34,056

NOI

1918

Year Built

Details:
NOI:    $34,056
Year Built:    1918
Zoning:    C1
MlsNumber:    12262285
Floors:    2
Parking Spots:    10
Highlights:
  • Average Floor Size: 3000.0
  • Gross Income: $ 49320.0
  • Age: Over 50 Years Old
  • Sewer: Public
  • Lot Size: Under 1/2 Acre
  • Water: City Water
Description:

Commercial Mixed Use Building with excellent visibility.
Excellent visibility on busy Chicago/Steger Rd intersection. Value add opportunity, mixed use building with 2 store fronts and 3 apartments. Retail unit are 1,800 and 1,200 sq ft on ground level, apartments are 2-2 bedroom, 1 bath and 1 - 1 bedroom, 1 bath second floor units. Rents are below market rates to improve the current 12% cap rate. Call Listing Agent for additional information and showing requests.

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