1860 W Cruger Rd, Washington, IL, 61571

1860 W Cruger Rd Washington, IL 61571

1860 W Cruger Rd, Washington, IL, 61571
1860 W Cruger Rd, Washington, IL, 61571
FOR SALE
Property Type:
Other Land
Amount:
$134,900
Last Verified:
Nov 13, 2024

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Description

1.33 acres for sale in Washington, IL
Land located on Cruger Road just off of N Cummings lane, near Route 24.
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 15 T26N R3W MALLARD CROSSING COMMERCIAL PARK LOT 5 (EXC WLY .15 AC & SLY 8 FT) NW 1/4 1.33 AC DDD 1

Lot Size: 1.33 acres


Documents

1860 Cruger Rd Brochure_MAY2024.pdf

Map of 1860 W Cruger Rd, 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.