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Property profile & analytics
OFF-MARKET Estimated value $1,465,000
Office buildings

41412 Il Rte 83 Antioch, IL 60002-1907

13,647 SF 1.04 ac lot Built 2004
Individually Owned 14-yr Hold ~ Est. High Equity
Property ID
US28-1965522
Property summary
AI-generated overview

This exceptional 13,500 square foot office building presents a compelling investment or owner-user opportunity in the thriving Antioch, IL market. Strategically located on Route 83, this property boasts unparalleled visibility and accessibility, ensuring high traffic and brand recognition. Situated on a 1.04-acre lot, the building offers ample parking and convenient drive-thru lanes, enhancing its appeal to a wide range of businesses. The building's layout includes a first floor featuring approximately 5,000 square feet of readily available space, ideal for immediate occupancy or expansion. Currently, the second floor and lower level are occupied under existing leases, providing a stable income stream for investors. This property's prime location, substantial size, and existing lease agreements combine to create a rare and highly desirable commercial real estate offering. The combination of high visibility, convenient amenities, and income-generating potential makes this an exceptional investment opportunity in a rapidly growing area. Don't miss the chance to secure this exceptional property and capitalize on its significant potential. Contact us today to schedule a showing and explore the possibilities.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2004
Construction FRAME
Total area 13,647 SF
Lot 1.04 ac (45,302 SF)
APN 02-17-300-018
UPID US28-1965522
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.34M
Blend (final) Blend
$1.47M
Owner & transaction history
Paul T Pavelski · 14 yrs held
Paul T Pavelski
since 2011
6 recorded transactions
2017
Price N/A
2011
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $2.4M +44.4%
Restaurant $2.3M +41.0%
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