I-80 INTERCHANGE DEVELOPMENT – PARCEL A – OTTAWA, IL

HIGHLIGHTS:

• Fully Entitled with All Utilities Ready – Zoned “E”
  Both parcels are fully entitled and have all utilities run to the sites. The parcels are identified and zoned “E”, which is designed to provide for industrial uses which involve more objectionable influences and/or hazards, and which, therefore, shall be isolated and/or buffered from residential and commercial development.
• I-80 Interchange Visibility and Access
  Both parcels benefit from outstanding I-80 visibility and interchange access. I-80 enters Illinois from Iowa in the west, southwest of Rapids City, and runs generally eastward through East Moline, LaSalle, and Joliet, before entering Indiana in Lansing. The Interstate runs for approximately 163.52 miles (263.16 km) through the state.
• Located in a TIF and Enterprise Zone
  Virtually all of downtown Ottawa is located in the Downtown Increment Financing District. This TIF District enables Ottawa to share the increase in real estate taxes generated by development with the developer to primarily offset the cost of commercial building renovation. Downtown Ottawa is located in the Ottawa Enterprise Zone which provides the following advantages: Sales Tax Exemption, Investment Tax Credit and Job Tax Credit.
• Ottawa Location Overview
  Ottawa, Illinois is a vibrant tourist destination located 85 miles outside of downtown Chicago, in the heart of Starved Rock Country. It is often considered to be “In the Middle of Everywhere”. Ottawa is bisected by two beautiful rivers abounding with exciting outdoor recreational activities. A natural setting that allows for people to get outdoors and enjoy some relaxation. We serve as a hub to four state parks (Starved Rock, Matthiessen, Buffalo Rock, Illini State Park) and a nature preserve all within 20 minutes of our downtown.

EXCLUSIVELY LISTED BY:

DOMINIC SULO
Senior Vice President Investments
Senior Director, Net Lease Properties Division
(630) 570-2171
dominic.sulo@marcusmillichap.com

Co-Listed With:
RICHARD KOZARITS
First Vice President

ILLINOIS BOR
Steven Weinstock
Lic #471.011175