0 Rt 173 & Gregory Dr Antioch, IL 60002
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.
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
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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.