Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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