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Rt 8 And Legion Rd 4.26 Acres of Commercial Land Offered at $650,000 in Washington, IL 61571
Investment Highlights
- Zoned C-2, supporting a broad range of commercial uses.
- Positioned behind CEFCU and near established businesses.
- Highly accessible location just south of Route 8/Washington Road intersection.
- Northern parcel located in the Washington Enterprise Zone, offering incentive potential.
Executive Summary
This 4.26-acre property, comprised of two parcels and zoned C-2, offers an outstanding development opportunity in Washington, Illinois. Positioned on the west side of Legion Road, the site lies just south of the Route 8/Washington Road intersection and is easily accessible from major traffic corridors. Its level grade and dual-parcel configuration provide flexibility for a wide range of commercial development options.
Located behind CEFCU and surrounded by established businesses, the property benefits from strong visibility and convenient access to regional amenities. The inclusion of one parcel within the Washington Enterprise Zone adds significant economic advantages, offering potential tax incentives for qualified developments.
With a listed price of $650,000, this site presents an exceptional opportunity for investors or developers seeking a prime, build-ready location in a growing market.
Located behind CEFCU and surrounded by established businesses, the property benefits from strong visibility and convenient access to regional amenities. The inclusion of one parcel within the Washington Enterprise Zone adds significant economic advantages, offering potential tax incentives for qualified developments.
With a listed price of $650,000, this site presents an exceptional opportunity for investors or developers seeking a prime, build-ready location in a growing market.
Property Facts
| Price | $650,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 4.26 AC |
| Property Type | Land | ||
| Zoning | Commercial / Residential | ||
| Price | $650,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 4.26 AC |
| Zoning | Commercial / Residential |
1 Lot Available
Lot
| Price | $650,000 | Lot Size | 4.26 AC |
| Price Per AC | $152,582.16 |
| Price | $650,000 |
| Price Per AC | $152,582.16 |
| Lot Size | 4.26 AC |
Land is zoned C-2 and ready to be developed
Description
Located on the west side of Legion Road, just south of the Route 8/Washington Road intersection behind CEFCU
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 02-02-21-100-013 | Improvements Assessment | $0 |
| Land Assessment | $460 | Total Assessment | $460 |
Property Taxes
Parcel Number
02-02-21-100-013
Land Assessment
$460
Improvements Assessment
$0
Total Assessment
$460
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Rt 8 And Legion Rd
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