For Sale
$420,000

24816 Il-173 Antioch, IL 60002

3.21 Acres, High Traffic, Redevelopment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 3.21-acre commercial land parcel in Antioch, Illinois, presents a compelling redevelopment opportunity. Located at 24816 IL-173, the property boasts a highly desirable location between two bustling marinas on the historic Chain of Lakes, benefiting from an average daily traffic count of 14,000 vehicles. Conveniently situated in the Village of Antioch, the land offers easy access to essential utilities, with sewer and water lines adjacent to the property. Its strategic proximity to I-94 (within 10 miles) further enhances its accessibility and market appeal. The property is offered fee simple and includes a three-bedroom home currently rented on a month-to-month basis. The asking price is $420,000, and the anticipated occupancy date for any new development is November 20, 2024. This Class A site presents numerous potential commercial uses, making it an ideal investment for developers seeking a high-traffic location with significant growth potential in a thriving community. The property is zoned for commercial use.

Highlights

  • 3.21-acre commercial land parcel in Antioch, IL, at 24816 IL-173.
  • High-traffic location (14,000 ADT) between two marinas on the Chain of Lakes.
  • Excellent access to utilities (sewer & water).
  • 10 miles from I-94.
  • Includes a 3-bedroom home (month-to-month tenancy).
  • $420,000 asking price; anticipated occupancy November 20, 2024.

Property Details for 24816 Il-173

Property type
Land
Class
A
Lot Size (sq. ft)
139,828 SF

Location Insight

City
Antioch
County
Lake
State
Illinois
Latitude
42.4774117
Longitude
-88.1174457
24816 Il-173, Antioch, Illinois

FAQs

What type of property is this?
Land - 3.21 Acres, High Traffic, Redevelopment Opportunity
Where is the land located?
The property is located at 24816 Il-173 Antioch, IL.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: 3.21-acre commercial land parcel in Antioch, IL, at 24816 IL-173.; High-traffic location (14,000 ADT) between two marinas on the Chain of Lakes.; Excellent access to utilities (sewer & water).
How can I contact the broker?
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24816 Il-173
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