955 Victoria StAntioch, IL 60002

Property Details for 955 Victoria St

Year built

1960

Construction

BRICK

Lot size

0.03 AC

Property size (Sq ft)

2,000 SF

Property type

Retail space

APN

02-08-310-010

APU

208310010

Description

This 1,132 square foot solid brick building, located at 955 Victoria Street in the heart of downtown Antioch, Illinois, presents a fantastic opportunity for a variety of businesses. Currently operating as a hair salon, the property's Village Core (VC) zoning allows for diverse uses, including but not limited to: accounting or legal offices, food service establishments (such as an ice cream shop), retail shops, financial services, and other service-oriented businesses. The building boasts excellent condition, with meticulously maintained mechanical systems. The property includes both a main level and a finished basement, offering ample space for operations. Its central downtown location provides convenient access to complementary businesses, all within walking distance. Ample parking is readily available both directly in front of the building and in several large parking lots nearby. The asking price for this well-maintained property is $169,900. This is a rare opportunity to acquire a turn-key retail space in a thriving downtown area.

• CAP approach

  CAP return

  Valuation

  6%

  $530,852

  6.5%

  $490,017

  7%

  $455,016

• Comparable approach

  Method

  Valuation

  Relative Method

  $511,677

  Geo Method

  $656,460

• Alternative Use

  Use

  Valuation

  Residential

  $413,348

  Hospitality

  $378,624

  Educational

  $315,011

  Medical

  $325,845

  Retail

  $490,017

Location Insight

City

Antioch

County

Lake

State

Illinois

Latitude

42.4769

Longitude

-88.0966

CBSA code

16980

CBSA name

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

Property Tax & Assessments

FAQs

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