3242 Sheridan RdZion, IL 60099

Property Details for 3242 Sheridan Rd

Year built

2005

Construction

STEEL FRAME

Lot size

0.50 AC

Property size (Sq ft)

7,776 SF

Property type

Retail properties

Property subtype

Retail space

APN

04-28-225-027

APU

428225027

Description

This 7,731 square foot retail strip center in Zion, IL, presents a prime leasing opportunity. Located at 3242 Sheridan Rd., the property features 5,031 square feet of immediately available space in a multi-tenant building. The 0.78-acre lot provides ample parking for 55 vehicles, ensuring convenient access for customers and employees. The property boasts high visibility from major transportation routes, making it an ideal location for businesses seeking high foot traffic. Its versatile floor plan and professional exterior offer a canvas for businesses to establish or expand their presence. The property's strategic location within a high-traffic area makes it an attractive prospect for a diverse range of businesses seeking a thriving and dynamic environment. This is an exceptional opportunity to secure a prominent retail space in a bustling community. The available space offers significant potential for growth and success, making it an attractive investment for businesses looking to establish a strong presence in the Zion market. The property's convenient location and ample parking ensure easy accessibility for customers, contributing to a positive and productive business environment. Don't miss this chance to secure a prime retail location in a vibrant and growing area.

• CAP approach

  CAP return

  Valuation

  6%

  $2,063,952

  6.5%

  $1,905,187

  7%

  $1,769,102

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,989,400

  Geo Method

  $2,552,316

• Alternative Use

  Use

  Valuation

  Residential

  $1,607,096

  Hospitality

  $1,472,092

  Educational

  $1,224,763

  Medical

  $1,266,884

  Retail

  $1,905,187

Location Insight

City

Zion

County

Lake

State

Illinois

Latitude

42.4357

Longitude

-87.826

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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