1874 Crystal Parkway, Belvidere, IL, 61008

1874 Crystal Parkway Belvidere, IL 61008

1874 Crystal Parkway, Belvidere, IL, 61008
1874 Crystal Parkway, Belvidere, IL, 61008 1874 Crystal Parkway, Belvidere, IL, 61008 1874 Crystal Parkway, Belvidere, IL, 61008 1874 Crystal Parkway, Belvidere, IL, 61008 1874 Crystal Parkway, Belvidere, IL, 61008 1874 Crystal Parkway, Belvidere, IL, 61008 1874 Crystal Parkway, Belvidere, IL, 61008 1874 Crystal Parkway, Belvidere, IL, 61008 1874 Crystal Parkway, Belvidere, IL, 61008
FOR SALE
Property Type:
Other Land
Amount:
Please Call Broker for Price

Last Verified:
Mar 11, 2024

Highlights

  • Industrial and Commercial Lots available for Build-to-suit for sale/lease or as out-parcel sale
  • Pad Ready Development Lots
  • I-90 Frontage (Approx. 1,000 feet)
  • 9 Miles to I-39 & I-90 Interchange
  • Low Boone County taxes
  • Located within Belvidere/Boone County Enterprise Zone
  • Surrounding tenants include Walmart, Applebee’s, Taco Bell, Starbucks, Aaron’s Midland States Bank, Physicians Immediate Care, Verizon and OSF Healthcare

Description

The site is ideally positioned opposite the off/on ramps for Interstate 90 and Genoa Road. Join the newest mixed-use development in the Belvidere Market. The site features an ideal mix of food, retail and cannabis users with the opportunity for various other tenant mixes to be additions to the 43 AC site.

The site is located at I-90 & Genoa Road in Belvidere, IL. Belvidere is a city located in Boone County, Illinois, in the United States. It is situated approximately 75 miles northwest of Chicago. The city has a diverse economy, with manufacturing, healthcare, and agriculture playing significant roles.

Lot Size: 43.5 acres


Documents

I-90 and Genoa - Belvidere - OM 3.2024.pdf

Map of 1874 Crystal Parkway, Belvidere, IL, 61008

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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.