3600 W. 127th St.

3600 W. 127th St. Alsip, IL 60803

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FOR SALE Incentives
Property Type:
Other Land
Amount:
$1,900,000
Last Verified:
Jul 17, 2017

Highlights

  • Property is zoned heavy industrial.
  • Easily accessible to I 80, I 57 and I 294
  • 100,000 SF Concrete Slab in Place

Description

The land site is 8.5 AC in Alsip, Illinois. The property features a 100,000 sf concrete slab. The site is zoned for industrial use with the village and is ready for use and development.

The land site is located on the busy 127th Street in Alsip, Illinois, 16 miles south of Chicago's loop. Alsip is a southern suburb of Chicago located within Cook County. The property is only 2.2 miles east of the I-294 and 2.5 miles west of I-57. The property lies in the heart of the eastern Alsip industrial corridor along the busy 127th Street which carries 27,900 vehicles per day.

Lot Size: 8.5 acres

Map of 3600 W. 127th St., Alsip, IL, 60803

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Real Estate Incentives (What is this?)
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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.