24576 Grass Lk Rd, Antioch, IL 60002
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.