102 Esser StWashington, IL 61571

For Sale
$60,000

0.5-acre lot, B-3 zoning, high visibility

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 0.5-acre commercial land parcel, located at 102 Esser Street in Washington, Illinois (zip code 61571), presents a unique investment opportunity. The property, identified by APN numbers 02-02-19-313-017 and 02-02-19-313-018, is zoned B-3, offering considerable development flexibility. Situated on Washington Road/Route 8, it benefits from high visibility and significant traffic counts, ensuring maximum exposure for any future business. The asking price is $60,000, translating to a land value of $2.75 per square foot. This strategically located parcel is within the East Peoria Enterprise Zone and Sunnyland Corridor Development, providing substantial economic incentives for developers. These incentives may include (subject to approval) a 50% reduction in permit fees, a 100% property tax abatement on improvements for five years, and sales tax waivers. Detailed information regarding these incentives is available in supplementary documents, including the Enterprise Zone information, Sunnyland Corridor Development brochure, and plat and survey. This prime location and the attractive incentives make this property an ideal choice for businesses seeking a high-impact presence in a thriving area. Don't miss this chance to acquire a highly desirable commercial land parcel with significant development potential.

Property Details for 102 Esser St

Property type
Other land, Land
Lot Size (sq. ft)
21,780 SF

Location Insight

City
Washington
County
Tazewell
State
Illinois
Latitude
40.691882
Longitude
-89.4950829
102 Esser St, Washington, Illinois
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102 Esser St
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