51
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$550,000
Est. payment /mo
14,400 SqFt
Price Dropped by $25K
2275 Sheridan RD Zion, IL 60099
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UPDATED:
12/15/2024 06:07 AM
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 14,400 sqft
Price per Sqft $38
MLS Listing ID 11806490
Year Built 1961
Annual Tax Amount $22,659
Tax Year 2022
Lot Dimensions 125X128
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 7.89% with big 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.
Location
State IL
County Lake
Area Zion
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Multi Family 5+
Level or Stories 2
Structure Type Brick,Block
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Jeremy Schwab • HomeSmart Connect LLC
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