Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Office buildings

    41412 N Il Route 83, Antioch, IL 60002

    13,647 SF 1.04 ac lot Built 2004
    Individually Owned 14-yr Hold ~ Est. High Equity
    Property ID
    US28-1965522
    Property summary
    AI-generated overview

    This exceptional 13,500 square foot office building presents a compelling investment or owner-user opportunity in the thriving Antioch, IL market. Strategically located on Route 83, this property boasts unparalleled visibility and accessibility, ensuring high traffic and brand recognition. Situated on a 1.04-acre lot, the building offers ample parking and convenient drive-thru lanes, enhancing its appeal to a wide range of businesses. The building's layout includes a first floor featuring approximately 5,000 square feet of readily available space, ideal for immediate occupancy or expansion. Currently, the second floor and lower level are occupied under existing leases, providing a stable income stream for investors. This property's prime location, substantial size, and existing lease agreements combine to create a rare and highly desirable commercial real estate offering. The combination of high visibility, convenient amenities, and income-generating potential makes this an exceptional investment opportunity in a rapidly growing area. Don't miss the chance to secure this exceptional property and capitalize on its significant potential. Contact us today to schedule a showing and explore the possibilities.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 2004
    Construction FRAME
    Total area 13,647 SF
    Lot 1.04 ac (45,302 SF)
    APN 02-17-300-018
    UPID US28-1965522
    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
    by Request
    Comparable Approach Comparable
    $1.34M
    Blend (final) Blend
    $1.47M
    Owner & transaction history
    Paul T Pavelski · 14 yrs held
    Paul T Pavelski
    since 2011
    6 recorded transactions
    2017
    2011
    1969
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $2.4M +44.4%
    Restaurant $2.3M +41.0%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message