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Antioch, IL High Income Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Antioch, Illinois Market population: 104K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

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Investment Opportunity in La Grange Park, IL

$1,190,000
La Grange Park Multifamily

This multifamily apartment property located in La Grange Park, IL, presents a compelling investment opportunity for real...

Cap Rate 7.68%
NOI $91,392
Size 5,200 SF

πŸ“Š Average Cap Rate For Antioch CA Properties: 7.68%

πŸ“Š Avg Property Tax Rate For Antioch CA Properties: 8.5000%

πŸ“Š Average Income For Antioch CA Commercial Property: $65,254

Investor Questions For Antioch CA

Common questions from investors exploring commercial real estate in Antioch CA.

What's the overall investment outlook for Antioch, CA, considering its demographic and economic trends? +
The city's median household income of $65,254, combined with a relatively high poverty rate of 13.7%, suggests a mixed market with opportunities for affordable housing investments. The diverse population, with top ethnicities including White, Hispanic, and White Non-Hispanic, and a strong employment base in Public Administration, Finance & Insurance, and Construction, indicate a stable demand for housing. Additionally, the 91.5% health insurance coverage and 40-minute average commute time suggest a relatively stable quality of life for residents.
How does the local economy impact the real estate market in Antioch, CA? +
The city's economy, with top industries in Public Administration, Finance & Insurance, and Construction, provides a stable employment base, which is reflected in the 61.2% homeownership rate and $233,600 median property value. The GINI coefficient of 0.41 indicates a moderate level of income inequality, which, combined with the poverty rate of 13.7%, suggests opportunities for investors to provide affordable housing options. The average commute time of 40 minutes and top commute methods, including driving alone and carpooling, also indicate a need for convenient and accessible housing.
What are the key factors to consider when evaluating the quality of life for renters in Antioch, CA? +
The 40-minute average commute time, although relatively long, is mitigated by the availability of public transportation and the fact that 91.5% of the population has health insurance coverage, indicating a relatively stable quality of life. The median age of 33.8 and diverse population, with top ethnicities including White, Hispanic, and White Non-Hispanic, suggest a vibrant and dynamic community. Additionally, the $19,996 median property taxes and $233,600 median property value provide a relatively stable investment environment.
How does the ethnic diversity of Antioch, CA impact the local real estate market? +
The city's diverse population, with top ethnicities including White, Hispanic, and White Non-Hispanic, suggests a strong demand for housing that caters to different cultural and socioeconomic needs. The poverty rate of 13.7% and median household income of $65,254 indicate opportunities for investors to provide affordable and inclusive housing options. The 61.2% homeownership rate and $233,600 median property value also suggest a relatively stable market with opportunities for long-term appreciation.
What are the implications of the city's income inequality and poverty rate for real estate investors? +
The GINI coefficient of 0.41 and poverty rate of 13.7% suggest a moderate level of income inequality, which, combined with the median household income of $65,254, indicates opportunities for investors to provide affordable housing options. The 91.5% health insurance coverage and 40-minute average commute time also suggest a relatively stable quality of life for residents, which can contribute to a stable and appreciating real estate market. Additionally, the top industries in Public Administration, Finance & Insurance, and Construction provide a stable employment base, which can support demand for housing.

Antioch CA Real Estate & City Facts

Key facts and real estate information about Antioch CA.

What are some of the best neighborhoods to live in Antioch? +
Some of the best neighborhoods to live in Antioch include Eagleridge, Deer Valley, and Longview. These neighborhoods offer a mix of modern living and rural charm, with well-maintained parks, schools, and local amenities. However, it's worth noting that some areas in Antioch have higher crime rates, so it's essential to research and visit the neighborhoods before making a decision.
What are some fun things to do in Antioch? +
Antioch has a variety of fun things to do, including visiting the Black Diamond Mines Regional Preserve, Contra Loma Regional Park, and El Campanil Theatre. You can also take a Delta Discovery Cruise or go fishing and boating on the Delta. Additionally, there are several parks, a museum, and a golf course to explore.
What is the food scene like in Antioch? +
The food scene in Antioch is diverse, with a range of restaurants serving different cuisines. Some popular spots include Smith's Landing Seafood Grill, Monica's Riverview, and Whiskey Tango Foxtrot. There are also plenty of great food trucks and local eateries, such as Canton City for Chinese food and Juarez for Mexican food. Additionally, you can find excellent Mexican food at Cocina Medina and delicious bagels at Bagel Street.
What are the pros and cons of living in Antioch? +
The pros of living in Antioch include its affordable housing, diverse community, and access to outdoor recreational activities. However, some cons include higher crime rates in certain areas, traffic congestion, and limited job opportunities. It's essential to weigh these factors and consider what's important to you when deciding whether to live in Antioch.
Is Antioch a good place to live? +
Antioch can be a good place to live, depending on your priorities and lifestyle. While it has its challenges, such as crime and traffic, it also offers a unique blend of urban and rural living, with plenty of opportunities for outdoor recreation and a diverse community. If you're looking for an affordable place to live with easy access to the Bay Area, Antioch might be worth considering. However, it's crucial to research and visit the area before making a decision to ensure it's the right fit for you.
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