3669 S. State Rt. 45-52 Kankakee IL

3669 S. State Rt. 45-52 Kankakee, IL 60901

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FOR SALE
Property Type:
Other Land
Amount:
$750,000
Last Verified:
Apr 26, 2017


Description

10 acres of land right off exit 308 in Southern Kankkaee. Great commercial or investment potential. Buildable lots with access to utilities. Zoned I -1.

I-57 to Exit 308. South on 45-52, property on east side of 45-52.

Lot Size: 10.0 acres

Map of 3669 S. State Rt. 45-52, Kankakee, IL, 60901

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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.