I-57 & I-80 Development Opportunity - Truck Parking

4840 171st Street Tinley Park, IL 60478

4840 171st Street, Tinley Park, IL, 60478
4840 171st Street, Tinley Park, IL, 60478 4840 171st Street, Tinley Park, IL, 60478
FOR SALE
Property Type:
Other Land
Amount:
$867,500
Last Verified:
Oct 09, 2024

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Highlights

  • Truck Parking allowed
  • Gas station or truck stop with gaming allowed
  • Gravel lot allowed with no improvements required
  • Well and Septic or annexation into Country Club Hills
  • Plans in place for future stop light at the corner of 171st and Cicero
  • Located in an Opportunity Zone
  • Class 8 incentive available

Description

3.16 Acre site ready for development.

Directly across the street from Industrial Park (Amazon fulfillment center). Less than half a mile from I-57, less than 1 mile from I-80. Over 450 ft. of frontage on Cicero Ave.

Lot Size: 3.16 acres


Documents

Sale Brochure (New)

Map of 4840 171st Street, Tinley Park, IL, 60478

Presented by:
Caton Commercial Real Estate Group

Request additional information
Matthew Maul


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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.