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1023 Heitmann Dr

3.2 Acres of Industrial Land Offered at $229,000 in Lincoln, IL 62656

Investment Highlights

  • Interstate 55 visibility (29,500 ADT)
  • Off site water retention. The lot is fully developable.
  • Outside the flood zone

Executive Summary

Off site water detention is provided as part of a master development. This property has water, sewer, telephone and natural gas to the property line.

Taxes & Operating Expenses (Actual - 2022)

Annual Annual Per AC
Taxes $1,329 $415.42
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2022)

Taxes
Annual $1,329
Annual Per AC $415.42
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $1,329
Annual Per AC $415.42

Property Facts

Price $229,000
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Retail
  • Hotel
  • Restaurant
Total Lot Size 3.20 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $229,000
Price Per AC $71,563
Lot Size 3.20 AC

Lincolns best visibility to Interstate 55 is available for your business. 3.2 acres of industrial zoned commercial property with access off of Heitmann Dr.. Property is in an enterprise zone and in an economic development zone.

Description

Lincoln's best visibility to Interstate 55 is available for your business. 3.2 acres of Industrial zoned commercial property with access off of Heitmann Dr.. Property is in an enterprise zone and also in and economic opportunity zone. Off site water detention is provided as part of the master development. The property has water, sewer, telephone and natural gas to the property line.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-027-003-85
Land Assessment
$16,970 (2023)
Improvements Assessment
$0 (2023)
Total Assessment
$16,970 (2023)
Annual Taxes
$1,329
Tax Year
2022 Payable 2023

zoning

Zoning Code I-2 (Property is zoned Industrial 2 which provides for all commercial uses and residential uses below the I-2 zoning allowance.)
I-2 (Property is zoned Industrial 2 which provides for all commercial uses and residential uses below the I-2 zoning allowance.)
  • Listing ID: 30160950

  • Date on Market: 11/24/2023

  • Last Updated:

  • Address: 1023 Heitmann Dr, Lincoln, IL 62656

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