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    OFF-MARKET Estimated value $545,000
    Gas stations

    3311 16th St, Zion, IL 60099-1417

    5,530 SF 1.51 ac lot Built 1984
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US28-2091665
    Property summary
    AI-generated overview

    This 5,697 square foot retail property, located at 3311 16th St, Zion, IL 60099, in Lake County, offers a unique investment opportunity. Previously used as a collision repair facility, the building presents a versatile space suitable for a range of businesses. The single-tenant property boasts convenient access from both 16th Street and Highway 173, ensuring high visibility and accessibility for customers. The large parcel size provides ample space for operations and potential expansion. This property is situated in Zion, Illinois, a vibrant community offering a strong local market. The building's previous use as a collision repair facility suggests a robust infrastructure already in place, potentially reducing initial setup costs for suitable businesses. Its strategic location and versatile nature make it an attractive option for entrepreneurs seeking a well-positioned commercial space. Interested parties should inquire for pricing details. The property is classified as retail and is a single-tenant building.

    Property profile
    Verified
    Property type Gas stations
    Use group SERVICE STATION WITH FOOD MART
    Year built 1984
    Construction BRICK
    Total area 5,530 SF
    Lot 1.51 ac (65,732 SF)
    APN 04-17-102-017
    UPID US28-2091665
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $565k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $686k
    Blend (final) Blend
    $545k
    Owner & transaction history
    Collision Solution Zion INC · 1 yrs held
    Collision Solution Zion INC
    since 2025
    Last sale
    $485,000
    7 recorded transactions
    2025
    $485,000
    2017
    $1.0M
    2017
    2009
    1998
    1998
    $450,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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