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$ 1,200,000
Est. payment | /mo
26,731 SqFt
$ 1,200,000
Est. payment | /mo
26,731 SqFt
Key Details
Property Type Commercial
Sub Type Instut/To Develop
Listing Status Active
Purchase Type For Sale
Square Footage 26,731 sqft
Price per Sqft $44
MLS Listing ID 12506767
Year Built 1949
Tax Year 2023
Lot Size 3.460 Acres
Lot Dimensions 438X325
Property Sub-Type Instut/To Develop
Property Description
Unlock the potential of this exceptional 3.5-acre property in Antioch, IL, which includes preliminary architectural plans for 65 apartment units with favorable preliminary endorsement from the Village of Antioch-highlighting strong redevelopment potential. This unique offering features 26,731 SF of buildings, originally constructed in 1949 and zoned R-2, providing an excellent opportunity for multifamily, senior living, or continued institutional use. The existing structures include a school, gymnasium, 11 classrooms, and a 5,431 SF convent-totaling 21,300 SF of educational space-making the property equally suitable for another learning institution or adaptive reuse. With access from three streets, ample parking, and a garage, the site is well-equipped for a variety of development paths.
Location
State IL
County Lake
Area Antioch
Zoning MULTI
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Instut/To Develop
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Listed by Angelo Labriola of Sperry Van Ness
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Brandy Graves
Broker-Associate | Lic# 475175567