2275 Sheridan RD, Zion, IL 60099 – 11806490 - Michael Bempah

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Michael Bempah

The Bempah Group

mike@thebempahgroup.com +1(630) 206-9116

$ 575,000

Est. payment | -/mo

14,400 SqFt

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$ 575,000

Est. payment | -/mo

Save

14,400 SqFt

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 $39

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

Listed by Jeremy Schwab • HomeSmart Connect LLC

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Michael Bempah

Broker | License ID: 475.175881

mike@thebempahgroup.com

+1(630) 206-9116

50 S Main St, Naperville, IL, 60540, USA