15 Acre Prime Residential Site

17741 W. Oak Ave. Lockport, IL 60441

17741 W. Oak Ave., Lockport, IL, 60441
17741 W. Oak Ave., Lockport, IL, 60441
FOR SALE
Property Type:
Residential Land Development
Amount:
$750,000
Last Verified:
Dec 19, 2022

Highlights

  • 15 Acres of raw land
  • Prime residential building site (condos, townhomes, apartments)
  • Currently special use contractor yard landscaper
  • Zoned A6

Description

15 Acres of raw land

Approximately 2.5 miles from downtown Lockport, the Metra Train Station and the I&M Canal.

Lot Size: 15.0 acres


Documents

Sale Brochure (New)

Map of 17741 W. Oak Ave., Lockport, IL, 60441

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.