2275 Sheridan Rd Zion, IL 60099
- Retail space
- 12,000 SF
- 0.16 lot acres
Current Use by Public Records
- Retail space
Property Details for 2275 Sheridan Rd
- Year built
- 1961
- Construction
- FRAME
- Lot size
- 0.16 lot acres
- Property size
- 12,000 SF
- Property type
- 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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Zion
- County
- Lake
- State
- Illinois
- Longitude
- -87.8249
- Latitude
- 42.4542
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
