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WELCOME TO BOURBONNAIS PARKWAY INTERCHANGE
PROPERTY DETAILS
304 E 6000 N Road – SW quadrant (highlighted)
The intersection of I-57 & Bourbonnais Parkway (exit 318)
145 acres
Prime commercial development/industrial
Ideally located for local, regional distribution
CNR Canadian National Rail
Zoning M1 (allows for commercial/industrial)
IDOT 2030 proposed traffic count – 30,000 vehicles per day on Route 6000; 26,000 vehicles per day 45/52
Reconstruction/widening of Bourbonnais Parkway between 45/52 and IL 50 to four lanes with a barrier median and multi path, including intersection turn lanes
The new interchange will give freight traffic generated in the corridor between U.S. 45/52 and IL 50 an internal outlet for access to I-57 without having to travel through the Village core area or cross the Canadian National Railroad
IDOT has long-range plans to continue the four-lane cross section of US 45/52 from Kathy Drive north to Manteno
Tyson Engineering to design a new sewer system at a minimum cost of $10 million to serve future business/industrial parks
5-year property tax abatement & sales tax exemption for new construction Labor force of 400,000 within 30-minute drive
Located in its southwest corner, this is the largest single owner land parcel, 145 acre contiguous site, which will take full advantage of the $63.8 mil infrastructure investment made by the state. These improvements are a keystone of the Kankakee County Development District and Village of Bourbonnais comprehensive development plans. The project also includes improvements at the railroad crossing at 6000N Road; the construction of new intersections at Route 45/52 and Illinois Route 50 with 6000N Road; and the relocation of Illinois Route 50 further east.
Features of these infrastructure investments, which are immediately available to serve the site, are:
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Improvement Financing is available through an existing Industrial TIF and the Kankakee County Enterprise Zone
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Flexible Zoning for Industrial, Office and Commercial Use
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A resourceful and willing Village and County whose development goals are in sync with the future development potential of this site
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All utilities, water, sewer, power, internet, and capacity for these services are on site and available for use
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Reconstruction of the Canadian National Railroad grade crossing at IL 50
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An additional $10 -12 million dollars will be spent by the Village on a new sewer system, setting the table for the economic growth of the interchange area
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The “Heavy Lifting” of infrastructure for development of this community has been done. This site is postured and ideal for an industrial development along the interchange. Land along 45/52 is viewed suitable for retail/shopping center to complement future residential and commercial growth.
The “Heavy Lifting” of infrastructure for development of this community has been done. This site is postured and ideal for an industrial development along the interchange. Land along 45/52 is viewed suitable for retail/shopping center to complement future residential and commercial growth.
BOURBONNAIS ADVANTAGES
Highly skilled labor force
Regional labor force of approx. 5M Sales tax at 6.25%
Low property taxes in Kankakee County Attractive wages scale
10% population growth since 2000 Within 45 miles of Chicago market Upscale industrial park standards Within 125 miles of Indianapolis
DEVELOPMENT TOOLS
Standardized development regulations for industrial development programs available.
Tax financing
Sales tax sharing
Enterprise zone
Fast track permits
All utilities within close proximity: Electric | Gas | Telephone Sewer | Water
GET IN TOUCH
CONTACT IVAN MARIDUENA, DIRECTOR OF REAL ESTATE OPERATIONS
JENNINGS REALTY, INC.
820 CHURCH STREET, SUITE 200 | EVANSTON, ILLINOIS 60201 W: JENNINGSREALTYINC.COM
M: 773.447.3141 | O: 847.440.8433