FREQUENTLY ASKED QUESTIONS (FAQ'S)
business community of Zion is vibrant. From the small specialty
stores, restaurants and service shops in the downtown
business district to the larger stores around the rest of the city, the commercial scene in Zion is expanding.
A unique set of circumstances has aligned to make now the
best time to make an investment in Zion. Her you can learn
about the businesses that have already successfully set
up shop, what the Zion Area Chamber of Commerce does to promote
business and how to contact someone about a tour of the
side of Zion.
Q: How do I start a business in Zion?
A: To help understand your market and your product needs we recommend contacting the Illinois Small Business Development Center at the College of Lake County ( wpdi.clcillinois.edu/sbdc/ ), as they will provide free consultation on your idea and assist with developing a business plan.
Choose a business name - Lists of available
names are available by contacting the
Assumed Names division
of Lake County at www.lakecountyil.gov
Incorporate your business - Decide, with the advice of
an attorney, whether
your business will be a Sole Proprietorship, Partnership,
Limited Partnership or Corporation.
If you incorporate or establish a limited
partnership your must register with the
State of Illinois at:
Secretary of State
17 North State Street
Chicago, IL 60601
Obtain your Federal Identification Number
- Corporations and
Federal Employer Identifications Numbers (FEIN).
obtain this number at:
Federal Taxpayer Service
Federal Building (17th Floor)
230 South Dearborn
Chicago, IL 60601
Select a Site and Check Local Zoning
Most businesses are only allowed to operate in certain parts of
any city. Contact Director Richard Ianson of the Building Department
(847) 746-4097 to confirm that your business is allowed to operate at the
site you have selected or
to help you find an appropriate site. If you are
going to enter a lease agreement
or contract to purchase property for the
purpose of operating a business, remember to include a contingency for the City of Zion
zoning approval and permits.
Obtain Your State Sales Tax Number
If you will engage in a type of retail sales business, you must
have a sales tax number (either an Illinois Business Tax Number or a Retailer's
Occupational Tax Number).
You can obtain your sales tax number at:
Illinois Department of Revenue
100 West Randolph (Lower Level)
Chicago, IL 60601
Obtain your Business License and Permits from the City of Zion
Although not a Home Rule community, Zion does require licensing and
for certain businesses. Please contact the City Clerk Diane Burkemper
for more information. (847) 746-4014.
Contact the Zion Area Chamber of Commerce
For referrals and networking opportunities please contact the Zion
of Commerce for information on membership and associated benefits. Contact
the Chamber Office at (847) 872-5405.
You may also contact the
Illinois Finance Authority - http://www.il-fa.com
The Illinois Finance Authority (IFA) is a self-financed, state authority principally
engaged in issuing taxable and tax-exempt bonds, making loans, and investing
capital for businesses, non-profit corporations, agriculture and local government
units statewide. IFA approves about $3 billion in project financing each year-projects
approved in 2004 are expected to generate over 3,600 new permanent jobs and another
7,700 construction jobs in Illinois when completed.
Q: What is a TIF District?
A: A certain geographic area determined to be under appreciated
in terms of new development and investor interest. A TIF District allocates
increased tax revenue from a point in time until the end of the agreement
into a fund for the purpose of encouraging new development. Funds that would
normally go to the taxing bodies, e.g. schools, library, city, parks, etc.
are used to reimburse investors for making improvements to that particular
part of the city. The TIF Review Board is responsible for overseeing the
funds and the eligible projects. For more information on the TIF Board and
projects please see the Economic Development pages of this site.
Zion has two TIF districts:
TIF #1 - The Central Business District along Sheridan Road from
Street south to 31st Street.
TIF #3 - The South Sheridan business corridor of 31st Street to the south
boundary of the city limits.
Q: What type of development is the City of Zion looking for?
A: Our current focus is on retail, commercial and light industrial
projects. The purpose of our efforts is to rapidly build a sustainable new
block of varied interest in order to offset the lost revenue related to the
closing of the ComEd Nuclear Facility.
Q: What services can a developer expect if he or she comes to Zion?
A: The most aggressive new offering is our Pre-Development Meeting,
known as "Your Own City Hall Meeting." This
allows an investor to meet with representatives of the Building, Zoning,
Engineering, Fire, Legal and Economic Development Departments simultaneously in an informal setting to discuss an idea. In this arena the developer has
access to all of the requirements he or she will need to meet in order to
do business in Zion. All of the agencies they will need to contact as well
as many of the projected costs can be provided before a developer has invested
valuable time and money in architects, engineering, acquisition or legal
We have found the developer community very appreciative of this valuable service and it is provided free of charge.
For more information about the City of Zion contact:
Planning and Economic Development
The City of Zion
2828 Sheridan Road
Zion, IL 60099
Phone: (847) 746-4056
Fax: (847) 746-4017
Monday - Friday
8:00 A.M. - 5:00