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 size
- 18,900 SF
- Property type
- Manufacturing properties
- APN
- 02-08-405-044
- APU
- 208405044
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 Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $535,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $575,000
- 6.5%
- $550,000
- 7%
- $575,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $575,000
- Geo Method
- $505,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $655,000
- Retail
- $525,000
- Mixed-Use
- $675,000
- Hospitality
- $575,000
- Educational
- $575,000
- Residential Income
- $670,000
- Energy
- $715,000
- Income-Based Land
- $540,000
- Food Service
- $665,000
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