5 Acre Next to Centerpoint Intermodal For Sale

198 W. Laraway Road Joliet, IL 60435

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198 Laraway Flyer
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FOR SALE Incentives
Property Type:
Commercial Land Development
Amount:
. $950,000
Last Verified:
May 11, 2017

5 Acre landsite available FOR SALE just north of Dollar Tree Distribution/Centerpoint Intermodal. Currently residence and farmstand. Site has 4 pole barns and home which is sold with property in "as-is" condition. 

445' of frontage on Laraway Road.

$950,000.00

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Map of 198 W. Laraway Road, Joliet, IL, 60435, USA

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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.