900 Elizabeth St - Schools FOR SALE


Antioch, IL 60002
$1,095,000 USD
630-640-1001
900 Elizabeth St, Antioch, IL for Sale
$1,095,000 USD
Schools - FOR SALE
1/5
null | Request Cap Rate

900 Elizabeth St
Antioch, IL 60002


HIGHLIGHTS

  • Preliminary Village Approval for 65-Unit Development in Antioch
  • 26,731 SF of buildings | Expansive 3.5-acre site
  • Strategically zoned R-2 for versatile use
  • Ample parking facilities and a dedicated garage
  • Versatile and spacious gymnasium | Convenient access from 3 different streets
  • Additional 5,431 SF convent building Total of 21,300 SF for educational facilities

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,095,000 USD

PRICE/SF

$41 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.46 AC

LAND SF

150,718 SF

ZONING

R-2

APN/PARCEL ID

02-07-401-069,02-07-401-070,02-07-401-071

ASK ABOUT THIS PROPERTY

Paul CawthonSVN | Chicago CommercialMore Info
630-640-1001

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Paul CawthonSVN | Chicago CommercialMore Info
630-640-1001

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.