Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    960 Victoria St Antioch, IL 60002

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $290,000

    Spacious Office, Great Location, Updated

    Property size:
    1,565 SF

    Property Features for 960 Victoria St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,565 SF
    Lot Size
    7,841 SF

    Building Details

    Year Built
    1950

    We can help!

    Listing Contact
    Jack Fields

    Listing Agency: Realty World Tiffany Real Estate Listing Agent: Jack Fields

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

    Learn more

    Property Insight Report

    Overview

    This exceptional commercial property at 960 Victoria Street in Antioch, IL, presents a fantastic opportunity. The building, totaling 1,565 square feet, boasts a desirable downtown location and offers ample space for a variety of businesses. Originally constructed around 1950, the 840-square-foot brick building sits on a 0.18-acre lot and features a solid block foundation. A significant 725-square-foot addition, completed in 2001, utilizes a poured concrete foundation and seamlessly integrates with the original structure, creating a fully accessible space. The interior features a welcoming reception area, a main office, and a modern, handicap-accessible bathroom. Four additional offices/rooms provide flexibility, complemented by a convenient breakroom equipped with a sink and refrigerator. The property includes a full basement, providing valuable storage space. Recent upgrades include a new furnace and air conditioning system (installed in 2021), and fresh interior paint (also completed in 2021). Nine parking spaces are available, ensuring ample parking for clients and staff. Handicap-accessible ramps provide convenient access to the building, which also benefits from excellent curb appeal. This is a prime commercial property in the heart of Antioch, ready for immediate occupancy. Priced at $290,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Antioch Family Chiropractic Alternative Medicine Practice Joan M. Johnson, ... Alternative Medicine Practice

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Antioch
    County
    Lake
    State
    Illinois
    Longitude
    -88.09706
    Latitude
    42.47671

    Nearby Similar for Sale

    • $1,499,000
      18,900 SF

      Antioch Food Production Facility

      Refrigerated food production building between Chicago and Milwaukee.
      947 Carney Ct, Antioch, IL 60002
      View Details
    • $1,099,000
      0.39 Acres

      Lake Marie Lakefront Investment Property

      Lakefront property with two rental units, pier, and pole barn.
      26048 W Forest Ave, Antioch, IL 60002
      View Details
    • $299,000
      0.19 Acres

      Waterfront Cottages on Loon Lake

      Three waterfront cottages on Loon Lake, ideal for family or investment.
      40286 West Shore Dr, Antioch, IL 60002
      View Details
    • $900,000

      Antioch Multifamily Investment Opportunity

      Six-unit brick building with updated features and long-term tenants.
      431 Filweber Ct, Antioch, IL 60002
      View Details
    • $950,000
      1.03 Acres

      Antioch Commercial Property For Sale

      Commercial property in Antioch, Illinois, with income from existing tenants.
      41412 N Il Route 83, Antioch, IL 60002
      View Details
    • Contact for pricing

      Antioch Commercial Units - Lease Ready

      Two Units, Ample Parking, Ideal for Auto Dealership
      25220 173 Hwy, Antioch, IL 60002
      View Details
    • $2,850,000
      7,026 SF

      Antioch Retail Center Investment

      High-yield, 2-tenant retail center
      515 Il-173, Antioch, IL 60002
      View Details
    • $950,000
      13,500 SF

      Antioch Office Building - Prime Location

      High-Visibility Office Building with Drive-Thru
      41412 Il Route 83, Antioch, IL 60002
      View Details
    • $1,850,000
      18,900 SF

      Antioch Food Production Facility

      FDA-Approved, 18,900 SF, High-Return Potential
      947 Carney Ct, Antioch, IL 60002
      View Details
    • $330,000
      2,233 SF

      Lakefront Antioch Workshop Haven

      Spacious pole barn, waterfront lot, income potential.
      41763 Riverview Ave, Antioch, IL 60002
      View Details
    • $1,850,000
      18,900 SF

      Prime Antioch Cold Storage Facility

      18,900 SF Refrigerated Warehouse, IL
      947 Carney Ct, Antioch, IL 60002
      View Details
    • $949,000
      13,647 SF

      Three-Story Office Building For Sale

      Three-story office building with existing cash flow and drive-through lanes.
      41412 N Il Route 83, Antioch, IL 60002
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Spacious Office, Great Location, Updated
    Where is this commercial real estate located?
    The property is located at 960 Victoria St Antioch, IL.
    What is the asking price?
    The asking price for this property is $290,000.
    (847) 274-3958
    Request Owner's contact information
    960 Victoria St Antioch, IL 60002
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    960 Victoria St
    Antioch, IL 60002
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    960 Victoria St Antioch, IL 60002
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jack Fields
    Real Estate License ID: 475146944
    (847) 274-3958 (847) 395-1010 (847) 395-3000
    Learn more
    Google sign-in failed. Please try again or use another login method.