Centennial Crossings

247-Acre Site Orland Park, IL 60467

247-Acre Site, Orland Park, IL, 60467
247-Acre Site, Orland Park, IL, 60467 247-Acre Site, Orland Park, IL, 60467 247-Acre Site, Orland Park, IL, 60467 247-Acre Site, Orland Park, IL, 60467
FOR SALE
Property Type:
Other Land
Amount:
Please Call Broker for Price

Last Verified:
Jun 26, 2024

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Highlights

  • ±247 acre commercial development site
  • Approximately 4,630 feet of I-80 frontage
  • 130,000 vehicles per day on I-80
  • Seller possesses $700,000 of completed due diligence materials

Description

This property consists of approximately 247 acres of vacant land currently being annexed into Orland Park. Benefits to the development include economic incentives and a quality labor pool. Future expansion of I-80 to four lanes in each direction with a highway interchange that will the site and connect Will Cook Rd and Townline Rd.

This 247-acre property will soon be annexed into Orland Park. The site is visibly located just north of I-80 with approximately 4,630 feet of frontage.

Building Size: 0sq ft
Lot Size: 247.0 acres


Documents

247 Acre Centennial Crossings Brochure

Map of 247-Acre Site, Orland Park, IL, 60467

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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.