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0 Kern Rd

22.44 Acres of Commercial Land Offered at $2,133,000 CAD in Washington, IL 61571

Commercial Land Illinois Washington 0 Kern Rd, Washington, IL 61571

Investment Highlights

  • Strong community and city backing for redevelopment in a prime Washington, Illinois location.
  • Flexible development options, including retail, mixed-use, and residential possibilities.
  • Opportunity to improve connectivity with plans for a road extension linking neighborhoods to Route 8.
  • Potential to expand the project with additional adjacent parcels available.

Executive Summary

This parcel presents an amazing development opportunity in Washington, Illinois with great support from the city and surrounding businesses to develop. The parcel is currently in Tazewell County but could be annexed into Washington with a redevelopment agreement. Support exists for extending Eagle Avenue from Washington Road/Route 8 to the south to Kern Road to create opportunities such as mixed use, commercial, retail, multifamily, single family, and more, as well as to connect traffic from the neighborhoods to the south and west past Beck's Oil & Car Wash to Route 8. This would be an ideal location for an anchor large retailer such as a hardware store, sporting goods store, or grocery store. Additional adjoining lots on Washington Road/Route 8 frontage are also available for sale. Contact the listing agents for a proposed development plan example.

Attachments

0 Kern Road - Offering Memorandum (1)

Property Facts

Price $2,133,000 CAD Property Subtype Commercial
Sale Type Investment Proposed Use
Commercial
  • Retail
No. Lots 1 Total Lot Size 22.44 AC
Property Type Land
Price $2,133,000 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 22.44 AC

1 Lot Available

Lot

Price $2,133,000 CAD Lot Size 22.44 AC
Price Per AC $95,053 CAD
Price $2,133,000 CAD
Price Per AC $95,053 CAD
Lot Size 22.44 AC
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0 Kern Rd, Washington, IL - aerial map view - Image1
0 Kern Rd, Washington, IL - aerial map view - Image2
0 Kern Rd, Washington, IL - aerial map view - Image3
0 Kern Rd, Washington, IL - aerial map view - Image4
0 Kern Rd, Washington, IL - aerial map view - Image5

PROPERTY TAXES

Parcel Number 02-02-22-204-043 Improvements Assessment $0 CAD
Land Assessment $20,531 CAD Total Assessment $20,531 CAD

PROPERTY TAXES

Parcel Number
02-02-22-204-043
Land Assessment
$20,531 CAD
Improvements Assessment
$0 CAD
Total Assessment
$20,531 CAD

zoning

Zoning Code Farmland (Farmland)
Farmland (Farmland)
(309) 323-0399

Contacts

  • Listing ID: 34016165

  • Date on Market: 2024-11-27

  • Last Updated:

  • Address: 0 Kern Rd, Washington, IL 61571

The Land Property at 0 Kern Rd, Washington, IL 61571 is currently available for sale. Contact RE/MAX Traders Unlimited Commercial for more information.

Land PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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0 Kern Rd, Washington, IL for sale Aerial- Image 1 of 8
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0 Kern Rd, Washington, IL for sale Aerial- Image 5 of 8
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0 Kern Rd, Washington, IL for sale Plat Map- Image 6 of 8
Plat Map
0 Kern Rd, Washington, IL for sale Plat Map- Image 7 of 8
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0 Kern Rd
(309) 323-0399 x

0 Kern Rd

1/3

Justin Ball

(309) 323-0399

(309) 323-0399

Jessica Ball

(309) 363-2929

(309) 363-2929

Nate Steinwedel

(309) 643-9189

(309) 643-9189

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