Listing Agency: Barbermurphy Group

Listed By: Carter Marteeny, CCIM · License #IL 475188628 Show Phone

Source: Crexi

Added: Aug 12, 2022 Changed: Sep 10 Last Checked: Sep 13 at 4:02AM

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Investment Insights

Based on property information with market context.

This commercial development opportunity features a total of 66 acres of developable land, divided into 18 lots. The property is zoned C-2 Commercial and is located within a TIF District and Enterprise Zone, offering potential incentives. It benefits from excellent access and visibility off I-55 (Exit 52), with an average daily traffic count of 25,600. The location is near multiple restaurant and hotel chains, as well as national retailers.

Key Highlights

• 1.66 Acres of Developable Land with 18 Lots
• Zoned C‑2 Commercial
• Located in a TIF District & Enterprise Zone (Incentives Available)

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Real Estate Agency (Bike/Boat/Book/etc) Store Locksmith

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

Location Intelligence

Trade Area within ½ mile

128

Businesses Nearby

Explore this area Business Placement

Demographics for 62056, IL

8,559

Population

4,095

Households

2.1

Avg Household Size

43

Median Age

26%

College-Educated

94%

High-School Grad

107.4 sq mi

ZIP Area

80

Density / Sq Mi

$62,705

Median Household Income

$39,511

Median Earnings

$655

Median Rent

$119,800

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - 66 acres of developable commercial land with enterprise zone incentives.

Where is this commercial land located?

The property is located at 66 Corvette Dr Litchfield, IL.

What are key features of this property?

This property features: 1.66 Acres of Developable Land with 18 Lots; Zoned C‑2 Commercial; Located in a TIF District & Enterprise Zone (Incentives Available)