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41XX Back St, Loves Park
Loves Park, IL 61111
Land For Sale
·
1.10 AC
Investment Highlights
- Positioned within a designated Enterprise Zone offering potential economic and tax incentives.
- Strong highway connectivity with direct access to Interstate 90 and regional routes.
- Nearby utilities include electricity and natural gas for streamlined development readiness.
- Located in the E. Riverside/I-90 Overlay District with coordinated infrastructure improvements.
- Substantial frontage on city street for visibility and entry.
- Surrounded by a growing commercial corridor with retail, hospitality, and service businesses.
Executive Summary
Prime Development Opportunity – Strategic Location with Multiple Incentives
Exceptional parcel of land ideally positioned within a designated Enterprise Zone, Business Development District, and the
E. Riverside/I-90 Overlay District. This highly visible and accessible site offers a rare combination of economic incentives,
flexible development potential, and strategic connectivity.
Located in a growth corridor with direct access to Interstate 90 and key arterial routes, the property benefits from strong traffic
counts, excellent exposure, and proximity to established commercial users, hospitality, and regional amenities.
Being situated within an Enterprise Zone may provide potential tax incentives and development benefits designed to encourage
investment and job creation.
The Business Development District designation further supports commercial growth, making this an ideal opportunity
for office, hospitality, service-oriented, mixed-use or light industrial development. The E. Riverside/I-90 Overlay
District enhances long-term value through coordinated planning, infrastructure improvements, and corridor-focused
redevelopment initiatives.
This site presents an outstanding opportunity for investors, developers, or owner-users seeking a location aligned with
economic growth strategies and municipal support for business expansion.
Exceptional parcel of land ideally positioned within a designated Enterprise Zone, Business Development District, and the
E. Riverside/I-90 Overlay District. This highly visible and accessible site offers a rare combination of economic incentives,
flexible development potential, and strategic connectivity.
Located in a growth corridor with direct access to Interstate 90 and key arterial routes, the property benefits from strong traffic
counts, excellent exposure, and proximity to established commercial users, hospitality, and regional amenities.
Being situated within an Enterprise Zone may provide potential tax incentives and development benefits designed to encourage
investment and job creation.
The Business Development District designation further supports commercial growth, making this an ideal opportunity
for office, hospitality, service-oriented, mixed-use or light industrial development. The E. Riverside/I-90 Overlay
District enhances long-term value through coordinated planning, infrastructure improvements, and corridor-focused
redevelopment initiatives.
This site presents an outstanding opportunity for investors, developers, or owner-users seeking a location aligned with
economic growth strategies and municipal support for business expansion.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 1.10 AC |
| Property Type | Land | ||
| Zoning | CR | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.10 AC |
| Zoning | CR |
1 Lot Available
Lot
| Price | $289,000 | Lot Size | 1.10 AC |
| Price Per AC | $262,727.27 |
| Price | $289,000 |
| Price Per AC | $262,727.27 |
| Lot Size | 1.10 AC |
Property Taxes
| Parcel Number | 12-03-277-021 | Improvements Assessment | $0 |
| Land Assessment | $652 | Total Assessment | $652 |
Property Taxes
Parcel Number
12-03-277-021
Land Assessment
$652
Improvements Assessment
$0
Total Assessment
$652
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