960 Victoria StAntioch, IL 60002

Property Details for 960 Victoria St

Year built

1950

Construction

FRAME

Lot size

0.18 AC

Property size (Sq ft)

3,130 SF

Property type

Office buildings

APN

02-08-309-045

APU

208309045

Description

This exceptional commercial property at 960 Victoria Street in Antioch, IL, presents a fantastic opportunity. The building, totaling 1,565 square feet, boasts a desirable downtown location and offers ample space for a variety of businesses. Originally constructed around 1950, the 840-square-foot brick building sits on a 0.18-acre lot and features a solid block foundation. A significant 725-square-foot addition, completed in 2001, utilizes a poured concrete foundation and seamlessly integrates with the original structure, creating a fully accessible space. The interior features a welcoming reception area, a main office, and a modern, handicap-accessible bathroom. Four additional offices/rooms provide flexibility, complemented by a convenient breakroom equipped with a sink and refrigerator. The property includes a full basement, providing valuable storage space. Recent upgrades include a new furnace and air conditioning system (installed in 2021), and fresh interior paint (also completed in 2021). Nine parking spaces are available, ensuring ample parking for clients and staff. Handicap-accessible ramps provide convenient access to the building, which also benefits from excellent curb appeal. This is a prime commercial property in the heart of Antioch, ready for immediate occupancy. Priced at $290,000.

• CAP approach

  CAP return

  Valuation

  6%

  $565,159

  6.5%

  $521,685

  7%

  $484,422

• Comparable approach

  Method

  Valuation

  Relative Method

  $317,768

  Geo Method

  $407,682

• Alternative Use

  Use

  Valuation

  Residential

  $646,889

  Hospitality

  $592,547

  Educational

  $492,992

  Medical

  $509,947

  Retail

  $766,877

Location Insight

City

Antioch

County

Lake

State

Illinois

Latitude

42.4767

Longitude

-88.0971

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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