22955 Grosenbach Road Unit #REAR LOT ONLY, Washington, IL 61571

Property Description

0.594 acre, clear level lot, site ready for new construction on the corner of Grosenbach and Eastgate. This is the lot immediately behind the State Farm/Well Kneaded Massage building on the southwest corner of the intersection. With easy access from US Route-24 (on Boyd Parkway ~17,000 – 18,500 VPD traffic counts) this business subdivision includes a new dental practice, medical offices, a pre-school, and several other businesses that drive daily traffic. This parcel is located in an East Peoria Enterprise Zone that offers incentives on Property Tax Abatement: 100% property tax abatement on improvements to the site for five years after final inspections and Certificate of Occupancy; Sales Tax Exemption: State sales tax exemption on building materials purchased in Illinois and used in the zone; and Building Permit Fees: 50% waiver on city building permit fees. This parcel was recently split (from the State Farm/Massage building parcel) to make this a separate parcel and the new plat of survey is available on request.