TITLE:
906 & 908 Cottage Investment/Development Opportunity
CONTROL:
Exclusive
VALUE:
$4,262,520
LOAN:
$0
EQUITY:
$4,262,520
TYPE:
Land
HAVE:
Investment or development opportunity for 14.1 AC at a new interchange on I-55 and Rt 59 in Shorewood, IL. Have interest from a Hilton's Garden Inn and travel center. Site plan will include restaurant pad, retail center and a pad for a QSR.
ADDRESS:
906 & 908 Cottage St, Shorewood, Illinois
BENEFITS TO NEW OWNER:
Develop land at a new interchange, half a mile from new Holiday Casino.
In a TIFF zone and the city will allow gaming on site. Other tax incentives available for other users.
OTHER FILES:
GROSS SCHEDULED INCOME:
$0
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$0
EXPENSES:
$0
NOI:
$0
DEBT SERVICE:
$0
CASH FLOW:
$0
CAP RATE:
0.00%
BENEFITS SOUGHT:
Investor/developer/JV partner to develop the 14.1 AC site at new interchange.
REMARKS:
Have local GC that is developing site plan and looking for JV Partner and investors. Also looking for any potential users that brokers may have a relationship with that will go on the site.
COUNSELOR:
William Caton
Caton Commercial Real Estate Group
1296 Rickert Drive Suite 200
Naperville, Illinois, 60540
Phone: 815-370-1236
Email bill@catoncommercial.com
