Great Expansion Location in Manteno IL

8073 N State Rt. 50 Manteno, IL 60950

Property Type:
Last Verified:
Oct 05, 2016

Rt. 50 south of Manteno 1 mile, building on east side of Rt. 50.
Year Built: 1999
Building Size: 10000.0sq ft
Lot Size: 0.0 acres

Units for Lease

8073 N State Rt. 50
Lease Type: Modified Gross
Price Per Sqft/Year: $6.0

Map of 8073 N State Rt. 50 , Manteno, IL, 60950


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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.