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    Property profile & analytics

    2240 Sheridan Rd Zion, IL 60099-2329

    • Super regional malls
    • 24,600 SF
    • 0.67 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 08, 2025
    Location Intelligence
    Property ID
    US28-5890807
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Super regional malls

    Property Details for 2240 Sheridan Rd

    Year built
    1973
    Construction
    FRAME
    Lot size
    0.67 lot acres
    Property size
    24,600 SF
    Property type
    Super regional malls
    APN
    04-21-214-010
    APU
    421214010

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Zion
    County
    Lake
    State
    Illinois
    Longitude
    -87.8258
    Latitude
    42.4547
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $26,815
    $80,828
    $129,590
    $210,418
    -
    $242,508
    $388,809
    $631,317

    Comparable in this City

    • Value Estimation
      $1,355,000
      28,353 SF

      3341 Sheridan Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 28,353 SF
      3341 Sheridan Rd, Zion, IL 60099-3660
      View Details
    • Value Estimation
      $975,000
      37,068 SF

      1400 21st St

      WHOLESALE OUTLET, DISCOUNT STORE • 37,068 SF
      1400 21st St, Zion, IL 60099-2304
      View Details
    • Value Estimation by Request
      7,981 SF

      2439 Galilee Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 7,981 SF
      2439 Galilee Ave, Zion, IL 60099-2908
      View Details
    • Value Estimation
      $590,000
      15,150 SF

      2861 Sheridan Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 15,150 SF
      2861 Sheridan Rd, Zion, IL 60099-2619
      View Details
    • Value Estimation by Request
      5,010 SF

      3525 Il Rte 173

      AUTO REPAIR, GARAGE • 5,010 SF
      3525 Il Rte 173, Zion, IL 60099-9441
      View Details
    • Value Estimation by Request
      3,040 SF

      4660 Il Rte 173

      RETAIL STORES (PERSONAL SERVICES) • 3,040 SF
      4660 Il Rte 173, Zion, IL 60099-4085
      View Details

    Similar Nearby for Sale

    • $450,000
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      Mixed-Use Income Property Opportunity

      Mixed-use property with income potential in high-traffic area.
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      Popeyes NNN Lease Investment

      High-Yield, 20-Year NNN Lease in IL
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    • $160,000
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      Retail Opportunity in Zion Business District

      Versatile storefront with high visibility and development flexibility.
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    • Contact for pricing
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      Wadsworth Road Redevelopment Opportunity

      Property suitable for reuse or redevelopment in Beach Park, IL.
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    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in Zion Business District

      Retail spaces available in Zion's central business district.
      2200 Sheridan Rd, Zion, IL 60099
      View Details
    • Contact for pricing
      7,731 SF

      Zion Retail Strip Center

      High-Visibility Retail Space Available
      3242 Sheridan Rd, Zion, IL 60099
      View Details
    • Contact for pricing

      New Retail Center in Zion

      New retail center with spaces available in 2025.
      2001 Sheridan Rd, Zion, IL 60099
      View Details
    • $13 SF/Yr
      8,520 SF

      Zion Plaza Retail Space

      1,200 SF Salon Space Available
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    • Contact for pricing
      13,225 SF

      Freestanding Retail Building For Lease

      Freestanding retail building with ample parking and great visibility.
      39161 N Sheridan Rd, Beach Park, IL 60099
      View Details
    • Contact for pricing
      1,835 SF

      Retail Space on Sheridan Road

      Freestanding retail building with high traffic and parking.
      3325 Sheridan Rd, Zion, IL 60099
      View Details
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    2240 Sheridan Rd
    Zion, IL 60099-2329
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
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