905 Anita Ave Antioch, IL 60002
Property profile & analytics
905 Anita Ave Antioch, IL 60002
- Manufacturing properties
- 39,725 SF
- 1.25 lot acres
Property ID
US28-1749038
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.
Location Intelligence
Current Use by Public Records
- ERMCO Inc / Industrial Manufacturer / Production Facility
- Staffing Network / Employment Agency
- Lakeview Metals / Business Related
Property Details for 905 Anita Ave
- Year built
- 1994
- Construction
- FRAME
- Lot size
- 1.25 lot acres
- Property size
- 39,725 SF
- Property type
- Manufacturing properties
- APN
- 02-08-405-010
- APU
- 208405010
Description
This exceptional investment opportunity presents a fee-simple 39,825-square-foot warehouse located at 905 Anita Avenue in Antioch, Illinois. The Class B industrial property, built in 1991, sits on a 1.84-acre lot and boasts a 20-foot ceiling height, ideal for various industrial uses. The single-tenant building features three loading docks, including two dock-high doors, providing efficient loading and unloading capabilities. With 67 parking spaces, ample room is available for employees and visitors. Currently operating at 100% occupancy under a triple-net (NNN) lease, the property generates a strong net operating income (NOI) of $169,261, representing a 7.75% capitalization rate. Pro forma NOI is projected at $173,641, resulting in a 7.95% pro forma cap rate. The property is zoned M-1, allowing for a variety of industrial uses. Its strategic location near the intersection of Illinois Route 83 and Illinois Route 173 offers convenient access to major transportation routes, placing it equidistant from both Downtown Chicago and Downtown Milwaukee. The asking price is $2,185,000, translating to $54.87 per square foot, significantly below replacement costs. This presents a compelling opportunity to acquire a high-performing industrial asset in a strong market with low vacancy rates.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,660,000
- ML approach
- $1,655,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,271,000
Market price range: $1.04M - $2.19M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Antioch
- County
- Lake
- State
- Illinois
- Longitude
- -88.0891
- 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
$56,196
$55,616
$465,955
$521,571
-
$166,865
$1,398,005
$1,564,870
