Jeff Dellitt
- Buy
- Sell
https://www.ruhlmortgage.com/ChrisSchneider.html
Description
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.
Property Highlights
Property Type: Land - Residential
Total Acres: 1.10 Acres
Utilities: Electricity Nearby, Natural Gas Nearby
General Information
County: Winnebago
Listed By:
Key Realty - Rockford
815-713-1100
MRED MLS
MLS ID: 12575319
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41xx Back Street, Loves Park, IL 61111.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $289,000 | $289,000 | $289,000 |
| Down Payment | $57,800 | $10,115 | $72,250 |
| Monthly Mortgage Amount | $1,331 | $1,656 | $1,728 |
| Taxes | $402 | $402 | $402 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $127 | $0 |
| Monthly Estimated Total | $1,833 | $2,285 | $2,230 |
Jeff Dellitt
REALTOR®
Office: (563) 441-5013
Cell: (563) 343-1028
Licensed in IA & IL
Bettendorf Office
1228 Middle Road
Bettendorf, IA 52722
(563) 441-5000
Bettendorf, IA 52722
(563) 441-5000
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