West Cruger Road, Washington, IL, 61571

West Cruger Road Washington, IL 61571

 West Cruger Road, Washington, IL, 61571
 West Cruger Road, Washington, IL, 61571
FOR SALE
Property Type:
Other Land
Amount:
$1,500,000
Last Verified:
May 16, 2024


Description

35.11 acres for sale in Washington, IL
Located on the Northwest corner of Cummings and Cruger Lane.
Over 1,100 feet of frontage on Route 24 / Boyd Parkway.
A variety of commercial users surround this parcel including healthcare providers, a hotel, restaurants and financial institutions among others.
Property is currently being used for agricultural use but offers an attractive development opportunity.
City Incentive: Northern Tazewell County Enterprise Zone
13,900 CPD on Route 24, 7,850 CPD on Cummings Ln.

SEC 16 T26N R3W S & D PLAZA SUBD OUTLOT A (EXC SELY 1 ACRE TRACT) NE 1/4 35.11 AC

Lot Size: 35.11 acres


Documents

Cruger Rd Land Brochure_APR2024.pdf

Map of West Cruger Road, Washington, IL, 61571

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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.