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$1,986,336
Est. payment /mo
9.14 Acres Lot
UPDATED:
08/17/2024 08:48 AM
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12006715
Annual Tax Amount $1,432
Tax Year 2022
Lot Size 9.140 Acres
Lot Dimensions 313.74X67.7X770.8X358.21X424X14X656.63
Property Description
Prime commercial/industrial development Ideally located for local, regional distribution Zoning M1 (allows for commercial/industrial) IDOT 2030 proposed traffic count - 30,000 vehicles per day on Route 6000; 26,000 vehicles per day on 45/52 Sewer and water to site 5-year property tax abatement and sales tax exemption for new construction. Labor force of 400,000 within 30-minute drive Bourbonnais Advantages: Highly skilled labor force; Regional labor force of approximately 5 million; Sales tax at 6.25%; Lower property taxes in Kankakee County; Attractive wages scale; 10% population growth since 2000; Within 45 miles of Chicago market; Upscale industrial park standards; Within 125 miles of Indianapolis. Development Tools: Tax increment financing; Sales tax sharing; Enterprise zone; Fast track permits; All utilities within close proximity; Infrastructure investment features. WATER/SEWER - AQUA ILLINOIS Water: There is a 16' main going to the site, which would be able to provide approximately 3.5 to 4.5 MGD, and additional capacity would be available upon request and execution of a water supply agreement with Aqua. Sewer: There is an 18' main at Bourbonnais Parkway that can send 3.5 million gallons per day (MGD) through the interconnection with Bourbonnais. Additional capacity of 1 MGD through the Kankakee connection for a total of 4.5 MGD. POWER - COMED Abundant power available with existing transmission and distribution lines run along Route 50 which service the site. GAS - NICOR GAS Gas Service provided by Nicor Gas.
Location
State IL
County Kankakee
Area Bourbonnais
Interior
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal, Water to Site
Building
Dwelling Type Land
Schools
School District 53 , 53, 307
Others
Ownership Fee Simple
Special Listing Condition None
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Jeffry Bennett • McColly Bennett Real Estate
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