Elizabeth Street, Godfrey, IL - 2.5 acres
7107 Montclaire Ave.
Godfrey, IL 62035
Commercial Land Development
Dec 19, 2022
This parcel would be a great investment for a single family or multi-famiy development. Residents would benefit from the Walmart Supercenter which is four blocks away, on the west side of IL-255, off Godfrey Road. Also, an excellent location for a free standing business. The area is primed for up and coming businesses. It offers a convenient distance(one block) to the IL-255 corridor which allows quick and easy access for work travel.
Godfrey is located in Madison County, just 27 miles north of St. Louis, MO. The parcel is positioned one block east of IL-255, fronting IL-111(Montlaire Avenue) in the northern Godfrey, IL area. It is an up and coming area for future business. This location is in an area primed for a single family or multi famiy developments. A Walmart Supercenter is approximately four blocks away, on the west side of IL-255, off Godfrey Road.
Lot Size: 2.5 acres
DocumentsSale Brochure (L)
Map of 7107 Montclaire Ave., Godfrey, IL, 62035
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.