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    41412 N Il Route 83 Antioch, IL 60002

    For Sale
    $949,000

    Three-story office building with existing cash flow and drive-through lanes.

    Property size:
    13,647 SF
    Lot size:
    1.04 Acres

    Property Features for 41412 N Il Route 83

    General Information

    Size
    13,647 SF
    Lot size
    1.04 Acres

    Source: Troy Companies Agent Steve Cioromski

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

    Overview

    Three-Story Office Building For Sale

    This three-story office building offers a single or multi-tenant opportunity with existing cash flow. The property, formerly a bank building, includes drive-through lanes. It features an elevator and has a total size of 13647 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Antioch
    County
    Lake
    State
    Illinois
    Longitude
    -88.092224
    Latitude
    42.464962

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    FAQs

    What type of property is this?
    Office building - Three-story office building with existing cash flow and drive-through lanes.
    Where is this office building located?
    The property is located at 41412 N Il Route 83 Antioch, IL.
    What is the asking price?
    The asking price for this property is $949,000.
    What are key features of this property?
    This property features: - Existing cash flow in place; - Single or multi-tenant opportunity; - Former bank building with drive through lanes in place
    (847) 612-8716
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    41412 N Il Route 83 Antioch, IL 60002
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    Antioch, IL 60002
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    Realmo Value Estimation

    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.

    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.

    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
    41412 N Il Route 83 Antioch, IL 60002
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