16,242 SF Building Available

125 3rd Street South Wilmington, IL 60474

125 3rd Street, South Wilmington, IL, 60474
125 3rd Street, South Wilmington, IL, 60474
Property Type:
Free Standing Building
Last Verified:
May 08, 2019

16,242 SF
FOR SALE: $199,500

Former grocery store and cafe; drive-in door; ample parking; minutes from I-55

Additional URLs

Map of 125 3rd Street, South Wilmington, IL, 60474

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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.