947 Carney Ct, Antioch, IL 60002
- Manufacturing properties
- 18,900 SF
- 1.13 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 947 Carney Ct
- Year built
- 1992
- Construction
- FRAME
- Lot size
- 1.13 lot acres
- Property type
- Manufacturing properties
- APN
- 02-08-405-044
- APU
- 208405044
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 12, 2020 | — | Mkmr LLC | — | Deed · related | $3M · State Bank Of The Lakes |
| Dec 1, 2005 | — | Mkmr LLC | Carney Eckert & Perrone Ventur | Quit Claim Deed · related | $1.1M · State Bank Of The Lakes |
| Jun 8, 2005 | — | Carney Eckert | — | Trustees Deed · related | $460k · State Bank Of The Lakes |
Description
This exceptional 18,900-square-foot food production facility in Antioch, Illinois, presents a rare investment opportunity. Strategically located midway between Chicago and Milwaukee, this property boasts FDA, NSF, SQF, and Kosher certifications, opening doors to a wide range of potential uses. The building features insulated metal panel construction, ensuring energy efficiency and durability. High ceilings, ranging from 17 to 28 feet, provide ample space for operations. Six 17-foot overhead doors and two loading docks equipped with levelers facilitate efficient loading and unloading. Situated on just over an acre of land, the property offers ample room for expansion or outdoor storage. Its versatility extends beyond food production, making it suitable for various industries, including medical and warehousing. The property will be delivered vacant, providing immediate occupancy for the new owner. The motivated sellers are open to exploring various financing options, including owner financing and lease-to-own agreements, making this an attractive proposition for a diverse range of buyers. This is a unique chance to acquire a high-quality, certified facility with significant potential for strong returns.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,355,000
- 6.5%
- $1,250,000
- 7%
- $1,160,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $952,000
Market price range: $497k - $1.04M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $1,460,000 Current use
- RETAIL STORES
- $1,680,000 Change: +15% Conversion: Moderate
- WAREHOUSE, STORAGE
- $1,600,000 Change: +9% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Antioch
- County
- Lake
- State
- Illinois
- Longitude
- -88.0874
- Latitude
- 42.4775
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
