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2275 Sheridan Road

Zion, IL 60099
  • $650,000
  • STATUS: Active
  • ON SITE: 34 Days
  • MLS #: 11768480
UPDATED: 29 min ago
$650,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1961
County:
Area:

School Ratings & Info

Description

Great opportunity to diversify your portfolio! This multifaceted property allows investors to take advantage of different types of property in a single investment and features four long-term tenants including an established Napa Auto Parts store, two apartments and a multipurpose garage. The current CAP rate is 7.25% with potential to grow. Perhaps you're looking for a place to start your own small business with living arrangements onsite. The prospects are endless. This listing which includes 2275 and 2271 Sheridan Rd., consists of three parcels and two separate buildings, as well as a 15-car parking lot located adjacent to the building. Call today for more details or to schedule a showing. All information on the tenants, leases and expenses will be attached.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2023-05-30T23:57:56.207 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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2275 Sheridan Road Zion, IL 60099

  • Price: $650,000
  • Status: Active
  • On Site: 34 Days
  • Updated: 29 min ago
  • MLS #: 11768480
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1961
Built
Neighborhood:
Zion
County:
Lake
Area:
Zion
Property Description
Great opportunity to diversify your portfolio! This multifaceted property allows investors to take advantage of different types of property in a single investment and features four long-term tenants including an established Napa Auto Parts store, two apartments and a multipurpose garage. The current CAP rate is 7.25% with potential to grow. Perhaps you're looking for a place to start your own small business with living arrangements onsite. The prospects are endless. This listing which includes 2275 and 2271 Sheridan Rd., consists of three parcels and two separate buildings, as well as a 15-car parking lot located adjacent to the building. Call today for more details or to schedule a showing. All information on the tenants, leases and expenses will be attached.
Exterior Features

Frontage Type City Street Parking Total 20

Interior Features

Cooling Central Air Heat Ventilation Central Heat/Indiv Controls

Property Features

Additional Parcels YN Yes Approximate Age 36-50 Years Building Area Total 14400 Built Before1978 YN Yes Current Use Commercial Electric Circuit BreakersService - 201 To 600 Amps Fire Protection Alarm On SiteFire Extinguisher/SPartially SprinkleredSmoke Or Fire ProtectorsSprinklers Geographic Locale North Suburban Gross Income 74400 Gross Scheduled Income 74400 Insurance Expense 4000 Location CornerPublic Transport AvailIn City LimitsHigh Traffic Area Mls Actual Status Active Net Operating Income 47121 Number Of Tenants 4 Operating Expense 27276 Possible Use Commercial Property Sub Type Mixed Use Rental Price 0 Tax Annual Amount 22659 Tax Year 2021 Tenant Pays Air ConditioningElectricityHeat Total Monthly Income 6200 Type Mixed Use Zoning Commr

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Homesmart Connect Llc: 847-495-5000.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2023-05-30T23:57:56.207 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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