Active - Other for sale
Sheridan, IL
Facts & features
Why you’ll love it
A fantastic business opportunity awaits in the heart of downtown Sheridan. This well known corner property has been a longtime staple in the community and is filled with character and charm. Housed in a vintage early 1900's building, formerly a gas station, the property still features the classic covered canopy area where the gas pumps once stood, adding nostalgic appeal and a truly unique atmosphere. This versatile commercial property offers multiple income possibilities with a convenient drive through liquor and tobacco store along with a popular seasonal ice cream shop that attracts customers of all ages throughout the year. Inside, the spacious layout provides endless opportunities for continued growth and creativity. Featuring an area with six gaming machines, comfortable indoor seating, and additional covered outdoor seating where customers can relax and watch the world go by, there is truly something for everyone. From families stopping in for ice cream after baseball games and summer activities to loyal local patrons picking up everyday essentials and beverages, this business benefits from steady traffic and strong community support. The extra large lot, excellent visibility, easy access, and recognizable location only add to the appeal. Whether you are an owner operator ready to bring your vision to life or an investor looking to expand on an already established and successful business, this property offers tremendous potential for future growth. Don't miss this rare opportunity to own a versatile commercial property filled with small town charm and endless possibilities. Sale price includes all the fixtures for the Liquor store and the Ice Cream Shop. Inventory will be extra. The Laundromat area, is leased, that business and equipment may be available thru a separate sale. This property offers endless possibilities with its multiple spaces and the charm of a beautiful classic building. An incredible opportunity for the next owners to bring their creativity and vision to life in downtown Sheridan, Illinois. Whether expanding the current business concepts or creating something entirely new, this unique property is ready for its next chapter.
Listings courtesy of Swanson Real Estate as distributed by MLS GRID.
Listed by: Emilie Gallup • Swanson Real Estate
Co-listed by: Joseph Frieders • Swanson Real Estate
Source: MRED as distributed by MLS GRID, MLS#: 12637187
Based on info available as of Nov 14, 2026 at 11:26 AM EST.
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Affordability
$1,599/mo
- Mortgage$1,466
- Property tax$133
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$5,798 Credit back
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Travel times
About Sheridan
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.
Based on information submitted to the MLS GRID as of Nov 14, 2026 at 11:26am EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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$5,798 Credit back