Prime Land | 7.26 Acres | Crest Hill, IL

1521 Cedarwood Drive Crest Hill, IL 60403

1521 Cedarwood Drive, Crest Hill, IL, 60403
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1521 Cedarwood Drive, Crest Hill, IL, 60403
Property Type:
Commercial Land Development
Last Verified:
Dec 06, 2018

PRIME COMMERCIAL LAND located at the corner of Theodore Street and Cedarwood Drive. Property is 7.26 acres and consists of 3 parcels. Excellent development site for medical office, senior living, strip center or other commercial uses.

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Map of 1521 Cedarwood Drive, Crest Hill, IL, 60403

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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.