Prime Commercial Property for Sale - Shopping Mall in Zion, IL Location: Zion, IL Size: 22,000 sq. ft. (Multiple spaces available) Price: $799,000 (Price includes up to $100,000 for renovations for motivated buyers) Presenting a unique investment opportunity in the heart of downtown Zion, IL. This expansive 22,000 sq. ft. shopping mall is strategically located with easy access to a vibrant area featuring restaurants, hotels, and other retail businesses. Property Highlights: * Two levels of flexible commercial space * Multiple leasing options ranging from 600 sq. ft. to 2,500 sq. ft. * Three private street entrances providing easy access * Two large parking lots available for tenants and visitors * Located in a high-traffic downtown area, ensuring consistent foot traffic * Price includes up to $100,000 for renovations for a motivated buyer, providing the perfect opportunity to customize the space to your needs This property offers incredible potential for a variety of businesses, including retail, offices, restaurants, and service-oriented spaces. Whether you want a small suite or the entire property, the flexible spaces can accommodate your needs. Don't miss this fantastic investment opportunity in a growing area with prime access to local businesses and ample parking for both tenants and visitors. Contact today for more details, to schedule a tour, or to learn more about the renovation options available!
One of the most unique properties available in growing Lake County Illinois. Just under 75 Acres fronting on two major County Roads, currently housing the single family farm home of the owner, as well as a machine shop. Property is also an Illinois Certified Airport, with a small aircraft Hangar - Registered Airport ( IL02) Herbert C. Maas Airport. The property has the structures ( home/ shop/ hangar) on the southeast corner of the property, with the airstrip running diagonally from the SW corner off Kilbourne to the NE corner. The property on both sides of the landing strip, are currently rented to a local farmer on an annual lease. The FAA will allow the property to maintain its Airport status as long as the owner meets the requirements of the FAA's inspection every 3 years. The property would also be ideally suited for subdividing into single family homesites. The property has also been the home of the family's machine shop facility for many years and could remain functioning as such, if a buyer would require that. The County of Lake would be receptive to subdividing for homesites, but would require the proper planning and zoning approvals. This property can also be found listed under the Vacant and Residential listing types.
Balance of Rents are under market. There's huge potential for a savvy investor. Exciting investment opportunity. This 16-unit multifamily property, situated on 2 acres, offers an exciting investment opportunity. Comprising two 8-unit buildings, each featuring 2-bed/1-bath units, the property is fully occupied with consistently paid rents. Key features include 36 parking spaces, tenant-paid electric, owner-covered water, sewer, and trash, in-unit amenities such as living and dining rooms, on-site laundry facilities. The buildings are both protected with a fire prevention sprinkler system as well. newly constructed handicap ramps, and substantial recent upgrades to 10 units. With a solid rental history and ongoing improvements, this property is a strong investment. Contact us for more details or to schedule a viewing.
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.
Zion is located in Illinois. Zion, Illinois has a population of 24,660. Zion is less family-centric than the surrounding county with 28.53% of the households containing married families with children. The county average for households married with children is 36.27%.
The median household income in Zion, Illinois is $58,431. The median household income for the surrounding county is $97,127 compared to the national median of $69,021. The median age of people living in Zion is 32.6 years.
The average high temperature in July is 80.3 degrees, with an average low temperature in January of 15.7 degrees. The average rainfall is approximately 35.6 inches per year, with 40.7 inches of snow per year.