
3201 Union Ave Steger, IL 60475
Estimated payment $3,817/month
About This Home
Huge 10,950 SF, two-story building sitting on 0.42 acres, offering massive investment potential! The first floor features two units 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!!!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,568
Year Built
- Built in 1976
Parking
- 36 Parking Spaces
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 10 Bedrooms
- 10 Potential Bedrooms
- 6 Bathrooms
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 50x100
Community Details
- 4 Units
- Gross Income $67,200
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $728 | $1,875 | $1,094 | $781 |
2023 | $728 | $1,875 | $1,094 | $781 |
2022 | $728 | $1,797 | $1,016 | $781 |
2021 | $679 | $1,796 | $1,015 | $781 |
2020 | $666 | $1,796 | $1,015 | $781 |
2019 | $621 | $1,718 | $937 | $781 |
2018 | $600 | $1,718 | $937 | $781 |
2017 | $386 | $1,093 | $937 | $156 |
2016 | $365 | $1,021 | $859 | $162 |
2015 | $584 | $1,640 | $859 | $781 |
2014 | $583 | $1,640 | $859 | $781 |
2013 | $533 | $1,640 | $859 | $781 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/19/2025 05/19/25 | For Sale | $495,000 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Quit Claim Deed | -- | Fidelity National Title | |
Special Warranty Deed | $120,000 | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $397,500 | Unknown | |
Previous Owner | $325,000 | Unknown |
About the Listing Agent
Mike's Other Listings
Source: Midwest Real Estate Data (MRED)
MLS Number: 12369018

APN: 32-33-318-004-0000
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