0 Grimm Rd Antioch, IL 60002
This exceptional 47.52-acre parcel, located in Antioch, Illinois (60002), presents a unique investment opportunity. Situated at the intersection of IL Route 173 and West Grimm Road, this property boasts an M-1 Manufacturing - Limited zoning designation, with the Future Land Use Map indicating a Commercial Business District. Its strategic location offers unparalleled access to major transportation arteries, including the full interchange of Route 173 and Route 83, providing easy access to I-94 via Route 173. This prime location places the property on a premier commercial corridor, ensuring high visibility and accessibility. The property is also conveniently located near the Antioch Metra Station, offering daily commuter rail service to Chicago. The land is comprised of four parcels with PIN numbers: 02-17-200-044, 02-17-200-057, 02-17-403-001, and 02-17-403-002. Currently, the property enjoys tax-exempt status. The asking price is $6 per square foot. This presents a rare chance to acquire a substantial tract of land with significant development potential in a rapidly growing area. Detailed information and site plans are available upon request.
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
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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.