0 Neq Rt 83 & Antioch, IL 60002
This exceptional 0.47-acre commercial land parcel presents a unique investment opportunity in the thriving town of Antioch, Illinois. Strategically located at the northeast quadrant of Route 83 and North Avenue, this property boasts a highly desirable B-2 Commercial District zoning, allowing for a wide range of development possibilities. The site benefits from exceptional visibility and accessibility, situated directly north of the heavily trafficked intersection of Route 83 and North Avenue, experiencing a combined daily traffic count exceeding 21,950 vehicles. This high traffic volume ensures significant exposure for any commercial venture. Further enhancing its appeal is its proximity to the Antioch Metra Station, providing convenient commuter access to Chicago. The property's parcel number is 02-05-300-077, and its annual property taxes are $2,363. Detailed information regarding permitted uses under the B-2 zoning is readily available upon request. This is a remarkable opportunity to establish a successful business in a vibrant and growing community. The property is offered subject to a satisfactory offer. Don't miss this chance to secure a prime location for your next commercial endeavor. Contact us today to learn more and schedule a site visit.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.