Prime Commercial Development Site

822 N. Washington St Naperville, IL 60563

Naperville
FOR SALE
Property Type:
Residential Land Development
Amount:
$625,000
Last Verified:
Oct 17, 2024

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Highlights

  • Approximately half acre site on main thoroughfare in Naperville
  • 100 ft of Frontage on Washington St with 26,900 vehicles per day
  • High profile location conveniently located near downtown Naperville, Metra train station, I-88 interchange and much more

Description

.42 Acre Site on main thoroughfare in Naperville

Naperville is the top suburb in the state for the 2nd consecutive year in retail and restaurant sales. Located in North Naperville the site is surrounded by shopping, dining, and entertainment as well as The Naper Settlement, Naperville Riverwalk, Centennial Beach and the DuPage Children's Museum.

Lot Size: 0.42 acres


Documents

Sale Brochure (New)

Map of 822 N. Washington St, Naperville, IL, 60563

Presented by:
Caton Commercial Real Estate Group

Request additional information
Eddie Palacios


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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.