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102 Esser St Washington, IL 61571

Sponsored
For Sale
$60,000

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

Description

Added:
Dec 11, 2024
Days on Market:
392
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 Features for 102 Esser St

General Information

Property type
Land
Lot Size
21,780 SF

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Washington
County
Tazewell
State
Illinois
Longitude
-89.4950829
Latitude
40.691882

FAQs

What type of property is this?
Land - 0.5-acre lot, B-3 zoning, high visibility
Where is this land located?
The property is located at 102 Esser St Washington, IL.
What is the asking price?
The asking price for this property is $60,000.
More about this property
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