24659 Grass Lk Rd Antioch, IL 60002
- Banks
- 4,630 SF
- 0.59 lot acres
Current Use by Public Records
- Banks
Property Details for 24659 Grass Lk Rd
- Year built
- 1981
- Construction
- FRAME
- Lot size
- 0.59 lot acres
- Property size
- 4,630 SF
- Property type
- Banks
- APN
- 02-19-300-043
- APU
- 219300043
Description
This exceptional 4,144 square foot single-story office building presents a unique investment opportunity in Antioch, Illinois. Situated on a substantial 10-acre lot at the corner of Fox Lake Road and County A10, this property boasts high visibility and excellent car traffic. The building, constructed in 1981, features 20 parking spaces and is zoned R-3, offering considerable flexibility for future development. Previously occupied by First Midwestern Bank, the building includes a convenient drive-through. Its prime location offers easy access to prominent retailers and restaurants, and its proximity to a golf course and fire department adds to its appeal. The expansive acreage provides significant potential for expansion into commercial, retail, or other development ventures. This property is ideally located in a densely populated area near the Wisconsin border, ensuring a strong potential for tenant occupancy and future growth. The single-tenant occupancy provides a stable foundation for immediate income generation, while the substantial land area offers significant upside potential for future development and expansion. This is a rare opportunity to acquire a well-located, versatile property with significant growth potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Antioch
- County
- Lake
- State
- Illinois
- Longitude
- -88.1118
- Latitude
- 42.4478
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
