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Zoned C2 Development Land Opportunity
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2679 Centennial Dr, Washington, IL 61571

Zoned C2 commercial land offered with proposed multi-tenant office/flex development and an adjacent shovel-ready lot.

Space SizeContact for details
Lot Size7.00 Acres
Days on Market161

Property Features for 2679 Centennial Dr

General Information

Standard status Active
Lot size 7.00 Acres
Property subtype LAND
Zoning C2

Additional Details

Road Access Yes

Spaces For Lease

at 2679 Centennial Dr
2679 Centennial Dr $9/SF/Yr
Type LAND
Availability AVAILABLE, Now
Sublease No
- 7 Acres (±6 Acres useable) - Will Divide - Zoned C2 allowing for a variety of office, retail, & service uses - Proposed phased development of multi-tenant office/flex buildings (±46 units) - Individual white-envelope units ranging from 1,000 sf - 1,800 sf with 16' - 18' ceiling height - Build-to-Suit Lease Rate from $9 psf - Take advantage of the Enterprise Zone which offers incentives such as 5-yr real estate tax abatement & sales tax benefits - This location qualifies for state funding using the RHTP (Rural Health Transformation Program) for rural healthcare infrastructure or Rebuild Illinois grants for community health center construction and renovations. - Situated at the lighted intersection servicing Menards, WalMart, and Aldi's with access located just off the main shopping arteries, providing easy access for local residents and regional commuters. - Additional 0.94 Acre shovel-ready lot adjacent to the newly constructed O'Reilly's Auto Parts & offers McClugage Road frontage with access from Centennial Dr. Sale Price: $777,981 ($19 psf)
Contact us
Listing Agency: Maloof Commercial
Listed By: Dan Maloof · License ##475.122647
Source: Moodyscre
Added: May 22 Changed: Oct 25 Last Checked: Oct 28 at 9:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Maloof Commercial

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Investment Insights

Based on property information with market context.

Commercial land available for lease or development, with the ability to be divided and a planned phased approach for multi-tenant office/flex buildings. The concept calls for up to 46 white-envelope units, with unit sizes described as 1,000 to 1,800 sf and ceiling heights in the 16 to 18 foot range.

The property is zoned C2, supporting a variety of office, retail, and service uses. It is situated at a lighted intersection serving Menards, WalMart, and Aldi’s, with access just off the main shopping arteries. An additional 0.94-acre shovel-ready lot is described as adjacent to a newly constructed O’Reilly’s Auto Parts, and the data notes McClugage Road frontage with access from Centennial Dr.

The offering also highlights potential incentives, including Enterprise Zone benefits such as a 5-year real estate tax abatement and sales tax benefits. The location is described as qualifying for state funding through the RHTP (Rural Health Transformation Program) and/or Rebuild Illinois grants for community health center construction and renovations.

Key Highlights

  • 7‑acre tract (±6 acres useable) with option to divide, plus an adjacent 0.94‑acre shovel‑ready lot.
  • Zoned C2, allowing a variety of office, retail, and service uses.
  • Proposed phased development of multi‑tenant office/flex buildings totaling 46 units.

Property Analytics

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Open Analytics

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

90
Businesses Nearby

Demographics for 61571, IL

24,766
Population
10,273
Households
2.4
Avg Household Size
40
Median Age
38%
College-Educated
98%
High-School Grad
53.5 sq mi
ZIP Area
463
Density / Sq Mi
$87,852
Median Household Income
$48,329
Median Earnings
$996
Median Rent
$200,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Zoned C2 commercial land offered with proposed multi-tenant office/flex development and an adjacent shovel-ready lot.
Where is this commercial land located?
The property is located at 2679 Centennial Dr Washington, IL.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: 7‑acre tract (±6 acres useable) with option to divide, plus an adjacent 0.94‑acre shovel‑ready lot.; Zoned C2, allowing a variety of office, retail, and service uses.; Proposed phased development of multi‑tenant office/flex buildings totaling 46 units.
(309) 693-3000 Call to check price and availability
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