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!
Price
$299,000
Lake
12038823
Active
Description
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!
Listing Information
Property Type: Mixed Use, Business Opportunities, 2 Story
0.08 Acres
1940
2
6 Total
Neighborhood
Room Information
Interior Features
None
Exterior / Lot Features
25X140
Driving Directions
Take Grand Ave to Sheridan
Financial Considerations
04223060120000
$1,790
Listing Price History
Zion Real Estate
Zion is located in Illinois.
Zion, Illinois 60099 has a population of 23,719.
The median household income in Zion, Illinois 60099 is
$56,014.
The median household income for the surrounding county is $91,525
compared to the national median of $66,222.
The median age of people living in Zion 60099 is 39 years.
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Courtesy: PRS Realty LLC
Listings courtesy of MRED as distributed by MLS GRID
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