Ultrasonic irradiation in a solution during the chemical reaction may accelerate the rate of the reaction and the crystallization at low temperature. We have synthesized nanometer sized zinc ferrite particles using chemical co-precipitation technique through a sonochemical method with surfactant such as oleic acid. The thermal behaviour of the zinc ferrite was determined by the thermoanalytical techniques (TGA-DSC). Powder X-ray diffraction measurements show that the samples have the spinel structure. Magnetic properties measurement were performed using a superconducting quantum interference device (SQUID) magnetometer.