W Hickory Grove Rd, Dunlap, IL, 61525

W Hickory Grove Rd Dunlap, IL 61525

W Hickory Grove Rd, Dunlap, IL, 61525
W Hickory Grove Rd, Dunlap, IL, 61525 W Hickory Grove Rd, Dunlap, IL, 61525
FOR SALE
Property Type:
Other Land
Amount:
$949,000
Last Verified:
May 07, 2024

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Description

Two parcels for sale on the corner of Route 40 and Hickory Grove Road.
11.74 buildable acres with a preliminary plat available.
Located 2 miles from Route 6.
Traffic counts of 11,100 cars per day.
Signalized intersection.
Lease in place since 2002 with Adams Outdoor provides income from the billboard onsite.

SW 1/4 SEC 20-10N-8E 9.514 AC BEG 707.99' E OF SW COR SEC 20: TH N 848.41' E 751.03' SE ALG W LN ROUTE 40 720.4' W 194.56' S 165' W 387.09' N 748.34' W 296.12' S 748.41' W 100' TO POB (EXC ROUTE 40 ROW AS DESC PER DOC 2003-14573)
SW 1/4 SEC 20-10-8E 1.947 AC BEG 607.99' E OF SW COR SW 1/4 SEC 20: TH N 848.41' E 100' S 848.41' W 100' TO POB

Building Size: 0sq ft
Lot Size: 11.74 acres


Documents

Hickory Grove Brochure_MAY2024.pdf

Map of W Hickory Grove Rd, Dunlap, IL, 61525

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.