2275 Sheridan Rd Zion, IL 60099-2328
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.