N Cummings Ln, Washington, IL, 61571

N Cummings Ln Washington, IL 61571

N Cummings Ln, Washington, IL, 61571
N Cummings Ln, Washington, IL, 61571
FOR SALE
Property Type:
Other Land
Amount:
$294,000
Last Verified:
Apr 03, 2025

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Description

2.70 acres for sale in Washington, IL
Land located on N Cummings lane, near Route 24.
Located just off the corner of Cummings and Freedom Parkway which was recently extended to connect directly to the entrance to Walmart and Menards.
Property is currently being used for agricultural use but offers an attractive development opportunity.
A variety of nearby commercial users including Kroger, RP Lumber, healthcare providers, a hotel, restaurants, car dealerships and financial institutions among others.
City Incentive: Northern Tazewell County Enterprise Zone

N 200 OF S 399.54 FT LOT 3 (EXC E 694.33 FT) SW 1/4 2.70 AC

Building Size: 0sq ft
Lot Size: 2.7 acres


Documents

Cummings Ln LAND Brochure_2.27.25.pdf

Map of N Cummings Ln, 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.
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