Property profile

2417 N Sheridan Rd Zion, IL 60099

FOR SALE
Commercial land
Property ID
US28-0714720
0.08 ac lot
Individually Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 0.24-acre commercial land parcel, located at 2417-2421 N Sheridan Rd in Zion, Illinois (APN 04-22-117-006), presents a unique investment opportunity. Zoned HB2, this property is situated in a high-traffic area with significant commercial and retail development. Its strategic location offers unparalleled convenience, with close proximity to established businesses such as Kentucky Fried Chicken, Walgreens, Dollar General, USPS, and Jewel-Osco. The property's accessibility is further enhanced by its approximate 7.5-mile distance from Interstate 94 (I-94), and its convenient walking distance to Metra Union Pacific North Line stations in both Zion and Winthrop Harbor. This prime location ensures high visibility and easy access for potential businesses. The asking price for this exceptional property is $75,000. This presents a compelling opportunity for developers seeking a strategically located site in a thriving commercial corridor. Don't miss this chance to acquire a piece of Zion's vibrant commercial landscape.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.08 ac (3,498 SF)
APN 04-22-117-005
UPID US28-0714720

Cap rate & NOI

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

Location

2417 N Sheridan Rd Zion, IL 60099
Zion metro Census 860200 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$85k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$85k

Owner & transaction history

since 2023
Last sale
$40,000
6 recorded transactions
2023
Price N/A
2022
Price N/A
2017
$40,000
2013
Price N/A
1969
Price N/A
1969
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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