Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Zion, IL 60099 Zion, IL 60099

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Freestanding retail space in high-traffic area, drive-thru potential.

    Type:Retail
    Property size:
    1,835 SF
    Added:
    Nov 25, 2025
    Days on Market:
    158
    Last Refresh:
    Apr 5 at 8:26 pm

    Property Features

    General Information

    Standard status
    Active
    Size
    1,835 SF
    Property subtype
    Retail

    Spaces For Lease

    Contact us

    We can help!

    Listing Contact
    Laura Perlman
    Laura Perlman

    Listing agent Laura Perlman License #475186095

    Listing office DarwinPW Realty/CORFAC International

    Listing date Nov 25, 2025

    Source Corfac

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of DarwinPW Realty/CORFAC International

    Overview

    Retail Space on Sheridan Road

    This is a free-standing retail property located on a heavily traveled section of Sheridan Road. The property offers a potential drive-thru opportunity. Nearby businesses include Culver's, Popeye's, McDonald's, and Wendy's. The property size is 1835 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Zion
    County
    Lake
    State
    Illinois
    Longitude
    -87.8252
    Latitude
    42.4344

    Nearby Similar for Lease

    • $18 SF/Yr

      Sheridan Center

      2671 Sheridan Rd # Zion, Unit Suite 3, Zion, IL 60099
      View Details
    • Contact for pricing

      Turnkey Salon Space in Zion

      Move-in ready salon space across from Jewel-Osco.
      1311 21st St, Zion, IL 60099
      View Details
    • Contact for pricing

      Retail, Medical, and Office Space

      Retail, medical, and office spaces available for lease.
      2723 Sheridan Road, Zion, IL, 60099
      View Details
    • Contact for pricing

      New Retail Center in Zion

      New retail center with spaces available in 2025.
      2001 Sheridan Road, Zion, IL 60099
      View Details
    • Contact for pricing

      Former Collision Repair Facility

      Former collision repair facility available for rent in Zion, Illinois.
      3311 16th St | Zion, IL 60099
      View Details
    • Contact for pricing

      Retail Space on Sheridan Road

      Freestanding retail building with high traffic and parking.
      3325 Sheridan Rd, Zion, IL
      View Details
    • $10 SF/Yr

      Zion Flex Space Available

      Flex space available for lease in Zion, Illinois.
      3300 21st St, Zion, IL
      View Details
    • Contact for pricing

      Zion Professional Building Office Space

      Office spaces available in Zion, utilities included.
      3115 Lewis Ave, Zion, IL 60099
      View Details
    • Contact for pricing

      Secured Yard with Maintenance Facility

      9-acre fenced yard with 180 trailer parking spaces for lease.
      700 Trumpet Park Dr, Zion, IL
      View Details
    • Contact for pricing

      Retail Space in Zion, IL

      Retail space near Illinois Beach State Park and Zion Town Center.
      3242 Sheridan Rd, Zion, IL 60099
      View Details
    • Contact for pricing

      Retail Space in Zion Business District

      Retail spaces available in Zion's central business district.
      2200 Sheridan Road, Zion, IL 60099
      View Details

    FAQs

    What type of property is this?
    Retail space - Freestanding retail space in high-traffic area, drive-thru potential.
    Where is this retail space located?
    The property is located at Zion, IL.
    What are key features of this property?
    This property features: Free‑standing retail building; Located on heavily traveled Sheridan Road; Drive‑thru opportunity
    (773) 677-6472
    We can help!
    Listing Contact
    Laura Perlman
    Laura Perlman
    Real Estate License ID: 475186095
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    Zion, IL 60099

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!