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Corner Grocery and Convenience Property
For Sale
Under Contract
$299,900

207 W Si Johnson Street, Sheridan, IL 60551

Business Opportunity, Sheridan, IL

Property SizeContact for details
Lot Size0.31 Acres
Days on Market140

Property Features for 207 W Si Johnson Street

General Information

Property type Commercial Sale
Property subtype Other
Directions Rt 71 to west on Bowen/41st Rd.
Subdivision Sheridan
Standard status Active Under Contract
APN 1005425021
Lot size 0.31 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1593

Utilities

Utilities Natural Gas Available
Cooling system Window Unit(s), Central Air

Amenities

covered canopy area
covered outdoor seating
indoor seating

Building Details

Floors in Building 1
Building materials Brick
Listing Agency: Swanson Real Estate
Listed By: Emilie Gallup
Added: May 19 Changed: Sep 2 Last Checked: Oct 5 at 2:06PM
MLS# 12637187

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This brick commercial property occupies a 0.3099-acre corner lot in downtown Sheridan and was constructed as a vintage early-1900s building. The former gas station retains its covered canopy, while the current layout supports a drive-through liquor and tobacco store, a seasonal ice cream shop, indoor seating, covered outdoor seating, and an area with six gaming machines. Fixtures serving the liquor store and ice cream shop are included; inventory is separate. A laundromat area is leased, with its business and equipment potentially available through a separate sale.

The property is located at 207 W Si Johnson Street in Sheridan, Illinois, with visibility from a recognizable corner setting and convenient access. Building systems include central air and window units, and natural gas is available. The configuration accommodates the existing commercial operations while retaining multiple interior and covered areas for continued use or reconfiguration.

Key Highlights

  • 0.3099‑acre corner lot in downtown Sheridan
  • Former gas station with covered canopy area
  • Drive‑through liquor and tobacco store

Property Analytics

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Current Use

Grocery and convenience stores

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby
Well-served
Demand for This Use

Demographics for 60551, IL

5,006
Population
1,486
Households
3.4
Avg Household Size
39
Median Age
15%
College-Educated
82%
High-School Grad
59.3 sq mi
ZIP Area
84
Density / Sq Mi
$84,925
Median Household Income
$39,079
Median Earnings
$888
Median Rent
$247,300
Median Home Value
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Brick commercial building with drive-through retail, seasonal ice cream service, indoor seating, and a gaming area.
Where is this grocery and convenience store located?
The property is located at 207 W Si Johnson Street Sheridan, IL.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 0.3099‑acre corner lot in downtown Sheridan; Former gas station with covered canopy area; Drive‑through liquor and tobacco store
More about this property
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