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    1301 21 St Zion, IL 60099

    Sponsored
    For Lease
    $13 SF/Yr ($9,230 /Mo)

    1,200 SF Salon Space Available

    Lot size:
    8,520 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This 1,200 square foot retail space is located within the Zion Plaza, a multi-tenant retail strip center in Zion, Illinois. The property, built in 1986, is a single-story, brick and block building totaling 8,520 square feet. This particular unit, previously a Cost Cutters salon/spa, offers a turnkey opportunity for a similar business, benefiting from existing fixtures and build-out. The space is part of a well-maintained center anchored by national tenants like H&R Block and local businesses such as Top Nails. The Zion Plaza enjoys a prime location at the northwest corner of 21st Street (Route 173) and Elisha Avenue, directly across from Jewel Osco and a short distance from Sheridan Road (Route 137). Zion's strategic location in Lake County, Illinois, places it conveniently between Chicago and Milwaukee. The property offers excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. The unit is immediately available. The address is 1301 21st Street, Zion, IL 60099.

    Property Features for 1301 21 St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,520 SF
    Total Rate
    9230

    Building Details

    Year Built
    1986
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    +/- 1,200 SF. FORMER SALON UNIT AVAILABL
    Size
    1,200 SF
    Rate per SF
    $13

    HighLights

    • Former salon space with existing build‑out, fixtures, workstations, and plumbing.
    • Existing build‑out minimizes tenant improvement costs.
    • Building signage and window frontage available on 21st Street (Route 173).
    • Suitable for national tenants or local businesses.
    • Strong residential population and convenient public transportation (Pace Bus Stop 571).
    • Modern, well‑maintained building with a successful tenant mix.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Zion
    County
    Lake
    State
    Illinois
    Longitude
    -87.827136422347
    Latitude
    42.457081238331

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    FAQs

    What type of property is this?
    Retail property - 1,200 SF Salon Space Available
    Where is this retail property located?
    The property is located at 1301 21 St Zion, IL.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: Former salon space with existing build-out, fixtures, workstations, and plumbing.; Existing build-out minimizes tenant improvement costs.; Building signage and window frontage available on 21st Street (Route 173).
    Request Owner's contact information
    1301 21 St 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

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    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
    1301 21 St Zion, IL 60099
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