Former Grocery Store Available For Sale

125 3rd Street South Wilmington, IL 60474

125 3rd Street, South Wilmington, IL, 60474
125 3rd Street, South Wilmington, IL, 60474 125 3rd Street, South Wilmington, IL, 60474
Property Type:
Convenience Store
Last Verified:
Nov 06, 2018

16.242 SF
1.134 Acres

Corner location
One Drive-In Door
Ample parking
Various potential uses

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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.