300 N Cummings Ln (North Parcel), Washington, IL, 61571

300 N Cummings Ln (North Parcel) Washington, IL 61571

300 N Cummings Ln (North Parcel), Washington, IL, 61571
300 N Cummings Ln (North Parcel), Washington, IL, 61571 300 N Cummings Ln (North Parcel), Washington, IL, 61571
FOR SALE
Property Type:
Commercial Land Development
Amount:
$1,000,000
Last Verified:
Dec 18, 2024

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Description

Flat buildable parcel located in a growth sector of Washington, IL.
Hard to find I-1 industrial zoning.
Prime location for commercial development in the future being positioned at the intersection of the planned Freedom Parkway extension road that currently ends near Walmart & Menards and will extend to Cummings lane.
Property is surrounded by other industrial users, retail, medical and hotels among others.

SEC 16 T26N R3W 9.97 AC TRACT IN SLY PT NE 1/4 SE 1/4 9.97 AC

Lot Size: 9.67 acres


Documents

300 Cummings LAND Brochure_SEPT2022.pdf

Map of 300 N Cummings Ln (North Parcel), 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.