There is an IHOP just up the road from the Crossroads area, but I cannot remember how far it is from the Sheraton. I think the IHOP is at the corner of 535 and Palm Parkway.
I remember that if you leave Downtown Disney area via Hotel Plaza Blvd, you would turn left on 535. The IHOP is just a bit up the road on the left. If you didn't turn left on 535 and continued straight, that is the Crossroads shopping area.
Other eateries in that area include Perkins, Red Lobster, Jungle Jims and others.