2275 Sheridan RdZion, IL 60099

Property Details for 2275 Sheridan Rd

Year built

1961

Construction

FRAME

Lot size

0.16 AC

Property size (Sq ft)

12,000 SF

Property type

Retail properties

Property subtype

Retail space

APN

04-22-107-011

APU

422107011

Description

This exceptional investment opportunity in Zion, IL, presents a multifaceted commercial property encompassing three parcels and two buildings at 2275 and 2271 Sheridan Road. The 14,400 square foot property boasts four long-term tenants, including a well-established Napa Auto Parts store, providing immediate and consistent cash flow. In addition to the commercial space, the property includes two residential apartments, offering further income potential and the possibility of owner-occupancy. A large, 15-car parking lot conveniently located adjacent to the buildings enhances the property's appeal and functionality. The current capitalization rate stands at a strong 7.89%, indicating significant potential for future growth and return on investment. This property is ideal for investors seeking diversification within a single asset, or entrepreneurs looking to combine business operations with on-site living. Detailed information regarding tenants, leases, and expenses will be provided upon request. The property's versatile nature and strong tenant occupancy make it a compelling investment opportunity. Don't miss this chance to acquire a well-established, income-generating property in a desirable location.

Location Insight

City

Zion

County

Lake

State

Illinois

Latitude

42.4542

Longitude

-87.8249

CBSA code

16980

CBSA name

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

Property Tax & Assessments

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