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Property profile & analytics
OFF-MARKET
Land

0 Rt 173 & Gregory Dr Antioch, IL 60002

13.47 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 13.47-acre commercial and industrial land parcel presents a unique opportunity for immediate development. Situated at the highly visible intersection of Rt 173 and Gregory Drive in Antioch, Illinois (zip code 60002), this property boasts a prime location within the Antioch Corporate Center and an established industrial park. The lot is zoned M-1, allowing for a variety of industrial uses. Its corner lot configuration, situated at a lighted intersection, ensures maximum visibility and accessibility. The site is improved and ready for immediate construction, eliminating lengthy pre-development hurdles. Conveniently located just two miles from the I-94 interchange, this property offers unparalleled access to major transportation arteries, facilitating efficient logistics and distribution. Further enhancing its appeal, this land is located within a Tax Increment Financing (TIF) District, potentially offering significant financial incentives for developers. The area also benefits from a strong and readily available local workforce. Off-site detention is already in place, streamlining the development process. This is an exceptional opportunity to acquire a strategically located, ready-to-develop industrial site in a thriving market.

Property profile
Verified
Property type Land
Lot 13.47 ac (586,753 SF)
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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