Property for Sale: 2103 - 2105 Galilee, Zion, IL 60099

$400,000
$400,000
2103 - 2105 Galilee, Zion, IL 60099
$400,000
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Price:
$400,000

Type Commercial
Lot Size 0.30 acres
Year Built 1959

City Zion
County Lake

MLS 11939616
Status Active
Turnkey Industrial Investment Opportunity in Zion - Don't miss out on this incredible chance to own a highly profitable industrial property in Zion, IL. This commercial building located at 2103-2105 Galilee Ave presents a fantastic cap rate and is fully occupied by long-term, reliable tenants. Built in 1959, this industrial property offers a total building size of 8,665 square feet, with 4 units providing a combined leasable area of 2,000 square feet each. The lot size is 14,588 square feet, providing ample space for parking with 8 spots available. The property is zoned for commercial use and features concrete, steel, and brick construction. With a gross rental income of $39,960 annually and a net operating income of $30,688, this investment boasts a cap rate of 8%. There is also potential for increased rent by adding a second entryway and a bathroom. Located in the desirable north suburban area, this property is conveniently accessible from Route 173 and offers great potential for a variety of commercial, warehouse, or investment purposes. Don't miss your chance to own this profitable industrial investment property in Zion. Contact us today for more information and to schedule a showing.

Lot & Building Features

Construction Block, Steel Siding, Concrete
Cooling None
Tax Year 2022
Lot Dimensions 100 X 145 ft

Price History of 2103 - 2105 Galilee, Zion, IL

Date Name Price Difference
12/31/1969 Listing Price $400,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 2103 - 2105 Galilee, Zion, IL

Location Map Street View
Photo of Carol Molnar
Direct: 708-227-3388
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Keller Williams Success Realty, Dawn Bremer & Jennifer Beltrame
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2103 - 2105 Galilee (MLS #11939616) is a commercial listing located in Zion, IL. This is a commercial listing with a lot of 13,068 sqft (or 0.30 acres). This property was listed on 11/30/2023 and has been priced for sale at $400,000.

Nearby zip codes are 60035, 60045, 60083, 60087 and 60096. This property neighbors other cities such as Beach Park, Highland Park, Lake Forest, Waukegan and Winthrop Harbor.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Keller Williams Success Realty