Property profile

1301 21st St Zion, IL 60099

OFF-MARKET
Retail space
Property ID
US28-1035717
8,520 SF 0.53 ac lot Built 1986
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1986
Construction BRICK
Total area 8,520 SF
Lot 0.53 ac (23,274 SF)
APN 04-21-206-011
UPID US28-1035717

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

1301 21st St Zion, IL 60099-2334
Zion metro Census 860200 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$790k
CAP Approach CAP
by Request
Comparable Approach Comparable
$488k
Blend (final) Blend
$775k

Owner & transaction history

since 2020
Last sale
$593,000
4 recorded transactions
2021
Price N/A
2020
$593,000
2018
Price N/A
1999
$850,001

Zoning & alternative use

Top alternative use upside
Office building $1.0M +107.5%
Commercial (general) $1.0M +105.3%
Apartment house (5+ units) $955,000 +91.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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