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    Property profile & analytics

    509 Lk St Antioch, IL 60002-1496

    • Office buildings
    • 1,602 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimation
    $300,000
    Location Intelligence
    Property ID
    US28-1686130
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Ellen Ipsen American Family Insurance / Insurance Agency
    • American Family Insurance / Insurance Agency / Motorcycle Insurance Agency

    Property Details for 509 Lk St

    Year built
    1960
    Construction
    FRAME
    Lot size
    0.27 lot acres
    Property size
    1,602 SF
    Property type
    Office buildings
    APN
    02-08-307-020
    APU
    208307020

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $305,000

    • CAP approach

      CAP return
      Estimation
      6%
      $285,000
      6.5%
      $290,000
      7%
      $310,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $290,000
      Geo Method
      $310,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $260,000
      Retail
      $290,000
      Mixed-Use
      $255,000
      Hospitality
      $325,000
      Educational
      $330,000
      Residential Income
      $295,000
      Energy
      $300,000
      Income-Based Land
      $310,000
      Food Service
      $275,000

    Location Insight

    • Map
    • Local Demand
    City
    Antioch
    County
    Lake
    State
    Illinois
    Longitude
    -88.1009
    Latitude
    42.4776
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,414
    $11,797
    $47,511
    $59,308
    -
    $35,395
    $142,547
    $177,942

    Comparable in this City

    • Value Estimation by Request
      10,384 SF

      543 Orch St

      OFFICE BUILDING • 10,384 SF
      543 Orch St, Antioch, IL 60002-3107
      View Details
    • Value Estimation by Request
      1,672 SF

      25220 Il Rte 173

      OFFICE BUILDING • 1,672 SF
      25220 Il Rte 173, Antioch, IL 60002-8350
      View Details
    • Value Estimation
      $755,000
      8,304 SF

      1326 Main St

      OFFICE BUILDING • 8,304 SF
      1326 Main St, Antioch, IL 60002-2181
      View Details
    • Value Estimation
      $495,000
      10,560 SF

      25451 Old Grass Lk Rd

      OFFICE BUILDING • 10,560 SF
      25451 Old Grass Lk Rd, Antioch, IL 60002-7934
      View Details
    • Value Estimation
      $490,000
      9,374 SF

      935 Skidmore Dr

      OFFICE BUILDING • 9,374 SF
      935 Skidmore Dr, Antioch, IL 60002-1547
      View Details
    • Value Estimation
      $475,000
      13,647 SF

      41412 Il Rte 83

      OFFICE BUILDING • 13,647 SF
      41412 Il Rte 83, Antioch, IL 60002-1907
      View Details

    Similar Nearby for Sale

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      Antioch Commercial Property For Sale

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      Three-Story Office Building For Sale

      Three-story office building with existing cash flow and drive-through lanes.
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      13,500 SF

      Antioch Office Building - Prime Location

      High-Visibility Office Building with Drive-Thru
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    • $330,000
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      Lakefront Antioch Workshop Haven

      Spacious pole barn, waterfront lot, income potential.
      41763 Riverview Ave, Antioch, IL 60002
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      Buildable Lot Near Antioch Downtown

      Buildable lot near downtown Antioch, close to amenities and Chain O'Lakes.
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      0.28 Acres

      Residential Lot in Established Neighborhood

      Prime residential lot in Antioch, near town, shopping, and schools.
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    Similar Nearby for Lease

    • $9 SF/Yr
      2,150 SF

      Prime Antioch Office Space

      2,150 SF Office, Great Location
      426 Orchard St, Antioch, IL 60002
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    • Contact for pricing

      Commercial Building in Chain-O-Lakes Heart

      Commercial building with potential for various uses in Antioch, IL.
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      57,935 SF

      Modern Retail/Office Complex in Antioch

      Modern retail/office complex near the Commuter Train Station Depot.
      311 Depot St, Antioch, IL 60002
      View Details
    • Contact for pricing

      Retail Space in Antioch, IL

      Retail spaces available in high-traffic Antioch shopping corridor.
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    • Contact for pricing

      Commercial Space in Antioch, IL

      1000 sq ft commercial space for contractors in Antioch.
      25433 W Il Route 173, Antioch, IL 60002
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    • Contact for pricing

      Downtown Antioch Storefront For Rent

      Storefront in downtown Antioch's historical shopping district.
      927 Main St, Antioch, IL 60002
      View Details
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    509 Lk St
    Antioch, IL 60002-1496
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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