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    Property profile & analytics
    OFF-MARKET
    Commercial land

    24576 Grass Lk Rd, Antioch, IL 60002

    3 ac lot
    Trust Owned 2-yr Hold Free & Clear
    Property ID
    US28-2345435
    Property summary
    AI-generated overview

    This exceptional 2.63-acre commercial land parcel presents a remarkable investment opportunity in the thriving Antioch, Illinois market. Located at 24576 W Grass Lake Rd, this property boasts a highly desirable General Commercial (GC) zoning designation within Lake County, offering unparalleled flexibility for a wide range of commercial ventures. The site benefits from excellent visibility and accessibility, situated just west of the heavily trafficked intersection of Grass Lake Road and Route 59. Enjoy significant frontage along Grass Lake Road, capitalizing on the substantial daily traffic volume of approximately 8,200 vehicles. Further enhancing its strategic location, the property is also conveniently positioned near Route 59, which sees approximately 8,250 vehicles daily. The property's APN is 02-19-300-001, and its annual property taxes are $4,934. This exceptional location, combined with its generous size and favorable zoning, makes this land ideal for a variety of commercial developments. The property is offered subject to a successful offer. Don't miss this chance to secure a prime commercial location in a rapidly growing area. Act quickly, as this opportunity is unlikely to last.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 3 ac (130,680 SF)
    APN 02-19-300-001
    UPID US28-2345435
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Chicago Title Land Trust Company · 2 yrs held
    Chicago Title Land Trust Company
    since 2024
    Last sale
    $150,000
    2 recorded transactions
    2024
    $150,000
    2002
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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