High-Visibility Industrial
For Sale
$340,000
Lot 9 Keene Pkwy, Belvidere, IL 61008
Industrial land with Enterprise Zone incentives, including phased tax reductions and building permit and materials tax benefits.
Property SizeContact for details
Days on Market1077
Property Features for Lot 9 Keene Pkwy
General Information
Standard status
Active
Property subtype
Land
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$318
Listing Agency:
Hometown Realty, Ltd.
(815) 337-1712
Listed By:
Thomas Jurs · License #471009753
(847) 702-9641
Source:
Exprealty
Added: Nov 9, 2023
Changed: Oct 12
Last Checked: Oct 21 at 2:23AM
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 Hometown Realty, Ltd.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This offering is Lot 9 on Keene Pkwy, an industrial land parcel with Enterprise Zone benefits described in the available remarks. The incentives include 80% tax reduction in year 1, 60% in year 2, 40% in year 3, and 20% in year 4, along with a building permit described as “half off.” The remarks also state there is no sales tax on building materials, and that the site has high visibility to Hwy 20.
For development planning, the availability of these incentive items may be a key factor for qualifying projects. Please review the brochure referenced in the remarks for additional details tied to the stated benefits.
For development planning, the availability of these incentive items may be a key factor for qualifying projects. Please review the brochure referenced in the remarks for additional details tied to the stated benefits.
Key Highlights
- Land located in an Enterprise Zone offering phased tax reductions: 80% in year 1, 60% in year 2, 40% in year 3, and 20% in year 4.
- Building Permit is listed as half off.
- No sales tax on all building materials (per the provided remarks).
Property Analytics
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
211
Businesses Nearby
Explore this area
Business Placement
Demographics for 61008, IL
33,747
Population
13,406
Households
2.5
Avg Household Size
40
Median Age
21%
College-Educated
83%
High-School Grad
84.3 sq mi
ZIP Area
400
Density / Sq Mi
$75,833
Median Household Income
$38,509
Median Earnings
$953
Median Rent
$185,200
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Industrial land - Industrial land with Enterprise Zone incentives, including phased tax reductions and building permit and materials tax benefits.
Where is this industrial land located?
The property is located at Lot 9 Keene Pkwy Belvidere, IL.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Land located in an Enterprise Zone offering phased tax reductions: 80% in year 1, 60% in year 2, 40% in year 3, and 20% in year 4.; Building Permit is listed as half off.; No sales tax on all building materials (per the provided remarks).
