Otto Nobis
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- Sell
https://www.ruhlmortgage.com/GregCotton.html
Description
Fully occupied mixed-use investment opportunity on highly visible Sheridan Road in Zion. This versatile building offers a combination of commercial and residential space with multiple income streams already in place. Commercial spaces offer flexible layouts well suited for office, salon, medical, professional or other permitted uses, along with excellent street exposure and signage opportunities. Upper level includes two residential apartments, each with 2 bedrooms, 1.5 baths and in-unit laundry. Separate utilities add convenience for ownership and tenants. On-site parking and a central Zion location close to Metra, businesses and area amenities. Excellent opportunity for an investor looking for an income-producing property with long-term potential. Buyer to verify zoning and permitted uses with the City of Zion. Sellers are licensed real estate brokers in the State of Illinois but are not the listing broker or listing agent.
Property Highlights
Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1952
General Information
County: Lake
Listed By:
PRS Realty LLC
847-337-7782
MRED MLS
MLS ID: 12763186
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2445 Sheridan Road, Zion, IL 60099.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $299,000 | $299,000 | $299,000 |
| Down Payment | $59,800 | $10,465 | $74,750 |
| Monthly Mortgage Amount | $1,652 | $2,003 | $1,984 |
| Taxes | $416 | $416 | $416 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $132 | $0 |
| Monthly Estimated Total | $2,168 | $2,651 | $2,500 |
Otto Nobis
REALTOR®
Cell: (563) 340-9782
Licensed in IA & IL
Davenport Office
4545 Welcome Way
Davenport, IA 52806
(563) 441-5100
Davenport, IA 52806
(563) 441-5100
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