2661 Sheridan Road Zion, IL ^$ 249,000

2661 Sheridan Road

^$ 249,000

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2661 Sheridan Road

Zion, IL, 60099

^$ 249,000

Studio Baths0.0

Monthly Estimate*

^$ 1,655

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Studio

Commercial Property for sale in Zion, IL

for $249,000. This building was built in 1940 on a lot size of 0.080349.

Exciting opportunity for a skilled rehabber! This potential 6-unit mixed-use property is located on desirable Sheridan Road in downtown Zion. The lower level may require a city zoning variance for 2 apartments. Additionally, the seller owns the building next door at 2671 Sheridan Road and is willing to offer a right of first refusal on the sale of this building, anticipated within 5-7 years. The neighboring building consists of 24 1-bedroom apartments and 4 commercial spots. Position yourself to own a significant portion of Sheridan Road in downtown Zion with this unique investment opportunity!

Commercial Active

Price

^$ 249,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 1,790

Style

Lot Size

0.080349

Year Built

1940

Town/City

Zion

County/Region

Lake

MLS | Web ID

12038823

Features

General

Cooling None

Year Built 1940

Electric Service - 101 to 200 Amps

Tenant Pays Other

Stories 2

Property SubType Apts/Stores

Tax Year 2022

Gross Income 0

County Lake

Insurance Expense 0

Property Type Commercial Sale Mixed Use

Status Price Change

Directions Take Grand Ave to Sheridan

City Zion

NumberOfUnitsTotal 6

MLS Area Zion

Lot Size Square Feet 3500

Street Name Sheridan

Tax Annual Amount 1790

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Days on Market 35

Standard Status Active

Exterior

Lot Dimensions 25X140

Interior

Street Suffix Road

* Excluded Features

List By

Prs Realty Llc

Broker

adamdtay1980@gmail.com

Affordability Calculator

$1,804

Per Month

Monthly Principal & Interest: $1,655
Monthly Property Taxes: $149
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Zion, IL

Average List Price ^$396,257

Percent of Sale Price 59%

About Zion, IL

23,493 Population

3% Since 2002

^$46,805 Median Income

34.16 Median Age

39% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/29/2024	$249,000	-16.72%	Price Down
4/26/2024	$299,000		Listed Price

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2661 Sheridan Road, Zion, IL, 60099 is a Commercial Property for sale at $249,000 with a lot size of 0.080349. 2661 Sheridan Road is a studio with 0.0 baths and was built in 1940. The property's zip code is 60099 which is in Zion, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 6/2/2024.

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2661 Sheridan Road

Commercial Property for sale in Zion, IL

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