Northwest Illinois Development Alliance

 
27 W. Stephenson Street | Freeport, IL 61032 | (815) 233.1356 (P) | (815) 235.4038 (F)
Lincoln Business Park Print E-mail
65+ Acres – Fully improved industrial site available immediately in Freeport, Illinois. Located at the intersection of Business Route 20 and Galena Avenue, two miles west of the Route 20 Expressway and minutes from Albertus Airport (General Aviation Airport).

The Business Park is located immediately east of the new 500,000 square foot warehouse/distribution center built for Levolor/Kirsch, a Newell Rubbermaid Company.

A new Tax Increment Financing (TIF) District may be created for your project and annexed into a State designated Enterprise Zone. Sites can be subdivided down to 2+ acre parcels or up to a full 65+ acres. This property is currently zoned for the highest industrial use: M-1.

The asking price is $35,000 per acre, but for the “right project” that produces significant property tax and jobs (building value of at least $350.00 per acre and job creation of at least 10 jobs per acre), your cost can go down to as low as $1.00 regardless of lot size!

Freeport offers affordable housing and close proximity to urban cities without the congestion and high cost of doing business. We have access to a skilled work force (1,325,000 potential employees live less than 1 hour away and 4,331,000 potential employees live less than 1.5 hours away) at a rate lower than Madison and Chicago.
 
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