Address
9.14 Acres Bourbonnais Parkway, Bourbonnais, IL
Price
$ 1,986,336
Property Attributes
  • MLS#12006715
  • TypeLand
  • CountyKANKAKEE
  • CityBourbonnais
  • AreaBourbonnais
  • Zip60914
  • StyleCommercial
  • Taxes$ 1432
  • Price$ 1,986,336
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size9.14 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Prime commercial/industrial development Ideally located for local, regional distribution Zoning M1 (allows for commercial/industrial) IDOT 2030 proposed traffic count - 30,000 vehicles per day on Route 6000; 26,000 vehicles per day on 45/52 Sewer and water to site 5-year property tax abatement and sales tax exemption for new construction. Labor force of 400,000 within 30-minute drive Bourbonnais Advantages: Highly skilled labor force; Regional labor force of approximately 5 million; Sales tax at 6.25%; Lower property taxes in Kankakee County; Attractive wages scale; 10% population growth since 2000; Within 45 miles of Chicago market; Upscale industrial park standards; Within 125 miles of Indianapolis. Development Tools: Tax increment financing; Sales tax sharing; Enterprise zone; Fast track permits; All utilities within close proximity; Infrastructure investment features. WATER/SEWER - AQUA ILLINOIS Water: There is a 16' main going to the site, which would be able to provide approximately 3.5 to 4.5 MGD, and additional capacity would be available upon request and execution of a water supply agreement with Aqua. Sewer: There is an 18' main at Bourbonnais Parkway that can send 3.5 million gallons per day (MGD) through the interconnection with Bourbonnais. Additional capacity of 1 MGD through the Kankakee connection for a total of 4.5 MGD. POWER - COMED Abundant power available with existing transmission and distribution lines run along Route 50 which service the site. GAS - NICOR GAS Gas Service provided by Nicor Gas.

Price History
3/18/2024 Listed $1,986,336

General Features

Utilities Electric to Site,Gas to Site,Sanitary Sewer,Water-Municipal,Water to Site
Possession Closing
Township Bourbonnais
Tax Year 2022
Current Use Commercial
Percent Ownership Fee Simple
County Kankakee
Property Type Land
Status Active
Directions I-57 to Exit 318. Head West on Bourbonnais Parkway. Lot is West of Road Ranger.
City Bourbonnais
High School District 307
MLS Area Bourbonnais
Waterfront Y/N No
Street Name Bourbonnais
Tax Annual Amount 1432.64
Days on Market 7
Standard Status Active
Middle/Junior School District 53
Elementary School District 53
Property Type Land

Interior Features

Street Suffix Parkway

Exterior Features

Lot Dimensions 313.74X67.7X770.8X358.21X424X14X656.63
Lot Size Acres 9.14
Road Surface Type Asphalt
Frontage Length 313
Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 60914

Price
AVG $580K
$1.99M
Taxes
AVG $2,572
$1,432
Visits
AVG 170
61
Data Provided by Inside Real Estate®

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