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Mario Bilotas

mario@fourdaughtersrealestate.com +1(847) 910-5022

$ 289,000

Est. payment -/mo

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Active

41XX Back ST Loves Park, IL 61111

1.1 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12575319

Annual Tax Amount $48

Tax Year 2024

Lot Size 1.100 Acres

Lot Dimensions 173.71x290

Property Sub-Type Land

Property 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.

Location

State IL

County Winnebago

Area Loves Park

Zoning COMMR

Interior

Fireplace N

Exterior

Utilities Available Electricity Nearby, Natural Gas Nearby

Building

Dwelling Type Land

Schools

School District 122 , 122, 122

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Teri Watts of Key Realty - Rockford

Nearby School & Business

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MY BLOGS

Vacant Land Scams are REAL

About 6 months ago, I received an email from (let’s call him) Charlie. A “nothing out of the ordinary” email from a common (and mildly validating) charlie…..@hotmail stating: “I have owned the lot for many years, but a couple of years ago I moved from Illinois to California, and I would like to sell

THE FRONT PORCH SWING

Oh, the memories. I remember my girls spending countless hours swinging front to back and side to side, hanging out with the neighborhood kids, splashing with the water hose, or crafting top-secret plans with their imaginations. It was awesome. How times have changed. With my two youngest girls slow

less is more, unless, it’s for less.

I hated looking for matching socks. Every day, my job required me to remove shoes at nearly every doorstep, and matching my socks was a daily frustration. Each day, I’d get my MLS home showing sheets ready, the electronic key card that opens lock-boxes, get dressed with minutes turning into seconds

Contact Us

Phone

+1(847) 910-5022

mario@fourdaughtersrealestate.com

Address

205 W. Miner Street, Arlington Heights, IL 60005, USA