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    Rte 173 & Brown Rd Antioch, IL 60002

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    For Sale
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    73 Acres, Prime Antioch Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 72.94-acre parcel, situated at the high-traffic intersection of Route 173 and Brown Road in Antioch, Illinois, presents a remarkable commercial development opportunity. Currently zoned B-2 PUD, this raw land boasts full entitlements for a power retail center, eliminating lengthy permitting processes. Eleven potential pads are available, offering flexibility for various development concepts. The property's strategic location provides convenient access to major transportation arteries, including I-94, Route 83, Route 45, and Route 59, ensuring high visibility and accessibility. Antioch's welcoming approach to new development also allows for exploration of alternative uses, such as senior living facilities or single-family homes. While a 6.875-acre portion at the southeast corner is sold (future site of Raymond Kia Antioch), the remaining acreage offers significant potential for substantial returns. The property's APN numbers are 02-16-100-025, 02-16-105-001, 02-16-105-005, 02-16-105-003, 02-16-100-026, 02-16-100-008, 02-16-100-009, 02-16-100-012, 02-16-100-013, 02-16-100-010, and 02-16-100-0065. The site is free of significant obligations or carry costs, making it an attractive investment. Metra service to Chicago Union Station via the North Central Service further enhances its appeal. This is a rare opportunity to acquire a large, fully entitled commercial land parcel in a thriving location.

    Property Features for 0 Rte 173 & Brown Rd

    General Information

    Property type
    Farms
    Lot Size
    3,177,266 SF

    HighLights

    • 72.94‑acre commercial development site at Route 173 & Brown Road, Antioch, IL.
    • Excellent access to I‑94, Route 83, Route 45, and Route 59.
    • Metra service to Chicago Union Station via North Central Service.
    • Flexible zoning (B‑2 PUD) allows for various uses, including senior living or single‑family homes.
    • Fully entitled for a power retail center with eleven potential pads.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Antioch
    County
    Lake
    State
    Illinois
    Longitude
    -88.1008291
    Latitude
    42.474806

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    FAQs

    What type of property is this?
    Farm - 73 Acres, Prime Antioch Location
    Where is this farm located?
    The property is located at Rte 173 & Brown Rd Antioch, IL.
    What are key features of this property?
    This property features: 72.94-acre commercial development site at Route 173 & Brown Road, Antioch, IL.; Excellent access to I-94, Route 83, Route 45, and Route 59.; Metra service to Chicago Union Station via North Central Service.
    Request Owner's contact information
    Rte 173 & Brown Rd 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
    Rte 173 & Brown Rd Antioch, IL 60002
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