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1023 Heitmann Dr 3.2 Acres of Industrial Land Offered at $314,298 CAD 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
Positioned at the Lincoln I-55 Interchange in Logan County, Central Illinois, this 3.2-acre Industrial and commercially zoned parcel offers
some of the best interstate visibility available in the market. The site fronts Heitmann Drive with direct access to I-55, placing it
squarely in the path of significant daily traffic between Chicago and St. Louis.
The interchange is an established commercial node with hospitality, food service, and travel center operators already in place. Lincoln is served by Amtrak (Texas Eagle / Lincoln Service) and is approximately 30 miles north of Springfield and 35 miles south of Bloomington-Normal.
Offsite water detention/retention is available as part of the master development. Water, sewer natural gas and telephone are available to the site. This property is in an Enterprise Zone which provides for sales tax abatement on building materials, property tax abatement on added value and reduced permit fees for qualifying projects. The property is located in an Economic Opportunity Zone which is a federal designation allowing investors to defer capital gains taxes by investing through a Qualified Opportunity Fund (QOF). Attractive to investors seeking to redeploy appreciated assets into new development.
Taxes & Operating Expenses (Actual - 2025) |
Annual (CAD) | Annual Per AC (CAD) |
|---|---|---|
| Taxes |
$20,777
|
$6,492.69
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$20,777
|
$6,492.69
|
Taxes & Operating Expenses (Actual - 2025)
| Taxes (CAD) | |
|---|---|
| Annual | $20,777 |
| Annual Per AC | $6,492.69 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $20,777 |
| Annual Per AC | $6,492.69 |
Property Facts
1 Lot Available
Lot
| Price | $314,298 CAD | Lot Size | 3.20 AC |
| Price Per AC | $98,218.10 CAD |
| Price | $314,298 CAD |
| Price Per AC | $98,218.10 CAD |
| 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 stoplight access off of Rt. 10 at 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
| Parcel Number | 12-027-003-85 | Total Assessment | $26,667 CAD |
| Land Assessment | $26,667 CAD | Annual Taxes | $20,777 CAD |
| Improvements Assessment | $0 CAD | Tax Year | 2025 Payable 2026 |
Property Taxes
Presented by
Eric E. Burwell Illinois Licensed RE Managing
1023 Heitmann Dr
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