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Property profile & analytics
OFF-MARKET
Land

0 Grimm Rd Antioch, IL 60002

47.52 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 47.52 ac (2,069,971 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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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