Building:
1,500 SF Building with dual 9 FT overhead doors.
R-19 insulated walls and ceiling, integrated floor drain with grates. Oak stained wainscoting doors and window trim.
Three private offices, with waiting area.
Custom ceramic tile entryway.
200 amp service.
Ample parking with blacktop.
Air-conditioned offices.
Parcel and property sit adjacent to a private lake.
Properties were previously occupied by a preowned import car sales office/lot.
Located on frontage road of auto-row with Dennison Chevrolet and other dealerships.
Land:
317 ft frontage on corner on route 29 and route 98
Zoned B-3 commercial.
Access via Eighth Street access road.
Excellent visibility on the corner of 8th street and Edgewater Drive
SEC 23 T25N R5W PEKIN EDGEWATER PARK SEC 5 S 200 FT LOT 64 SW 1/4
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.
