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    2711 Sheridan Rd Zion, IL 60099

    Sponsored
    For Sale
    $799,000

    22,000 sq ft Commercial Space - $799,000

    Property size:
    22,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 22,000-square-foot shopping mall presents a compelling investment opportunity in the thriving downtown Zion, Illinois. Situated in a high-traffic area, this two-level property boasts excellent visibility and accessibility. Three private street entrances ensure convenient access for customers and employees. Ample parking is available in two large lots, catering to both tenants and visitors. The property's strategic location places it within easy reach of numerous restaurants, hotels, and other retail establishments, guaranteeing consistent foot traffic. The flexible floor plan offers multiple leasing options, ranging from smaller spaces of 600 square feet to larger units of 2,500 square feet, accommodating a diverse range of businesses. The asking price of $799,000 includes up to $100,000 for renovations, allowing a motivated buyer to customize the space to perfectly suit their specific needs and vision. This versatile property is ideal for a variety of commercial uses, including retail stores, offices, restaurants, and service-oriented businesses. The combination of prime location, flexible space, and renovation allowance makes this a truly unique and attractive investment prospect in a growing and dynamic area. The property's potential for high returns makes it an exceptional opportunity for savvy investors seeking a strong foothold in the Zion commercial market.

    Property Features for 2711 Sheridan Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    22,000 SF

    Building Details

    Year Built
    1975
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Zion
    County
    Lake
    State
    Illinois
    Longitude
    -87.82507
    Latitude
    42.44556

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    FAQs

    What type of property is this?
    Commercial real estate - 22,000 sq ft Commercial Space - $799,000
    Where is this commercial real estate located?
    The property is located at 2711 Sheridan Rd Zion, IL.
    What is the asking price?
    The asking price for this property is $799,000.
    (847) 423-6644
    Request Owner's contact information
    2711 Sheridan Rd Zion, IL 60099
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    Zion, IL 60099
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2711 Sheridan Rd Zion, IL 60099
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