Economic Development

Available Properties

 

Mixed Use: Ready-for-Rehab

1733 170th

1733 W. 170th St, Hazel Crest Mixed use building - 2,900 sq ft

Mixed Use: Ready-for-Rehab

1735 170th

1735 170th One story commercial building - 2,500 sq ft

Industrial: Ready for demo / redevelopment! 17500 Dixie Hwy 17500 Dixie Highway Gas station 35,700 sq ft
Mixed Used: Ready-for-Rehab 16733 Wood 16733 Wood Mixed use building with two lots Building: 3,024 sq ft: Lot1: 9,720 sq ft; Lot2: 12,690 sq ft

Commercial: Ready-for-Rehab

3380 W. 183rd Street

3380 W. 183rd Street One story commercial building & lot 10,000 sq ft

Vacant Land: Shovel-Ready to Build

17031 Wood

 17031 Wood Street Two adjoining lots: 3,100 sq ft (each) Zone: B-2 (Service Business)

Commercial: Ready-for-Rehab

17520 Kedzie

17520 Kedzie Avenue One story commercial building & lot 28,200 sq ft

Vacant Land: Shovel-Ready to Build

1912 thru 1918 W. 170th

1912 through 1918 W. 170th Five adjoining lots: 2,500 sq ft (each) Zone: B-1 (Local Business)

Vacant Land: Shovel-Ready to Build

Near 175th - West of Kedzie

Near 175th - West of Kedzie Avenue 17 parcels: 20 acres Zone: R-O (Single Family Residence)

Mixed Use: Ready-for-Demo &/or Redevelopment

17060 Dixie Hwy

17060 Dixie Highway Commercial Building with Residential Space Atop Bldg: 5,450 sq ft; Lot: 3,000 sq ft

Industrial: Ready-for-Demo &/or Redevelopment

17058 Dixie Hwy

17058 Dixie Highway One story building 3,075 sq ft

Commercial: Ready for rehab! 

17065 Dixie Hwy

17065 Dixie Highway One story commercial building & two lots Bldg: 9900 sq ft; Lot1: 10,430 sq ft; Lot2: 24,800 sq ft

Available for lease!

3340 183rd Grenoble Square

3310-3370 West 183rd Street, Hazel Crest (Cook County) 434,331 sq ft with retail space available between 1,200 to 49,000 sq ft Contact: RMS Properties at 847-891-1800

Commercial: Ready for rehab!

1739 W. 170th

1739 W. 170th One story commercial building – 2,500 sq ft

Available for lease!

3400 183rd (Fountainbleau Court)

3400-3480 West 183rd Street, Hazel Crest (Cook County) 163,105 sq ft with retail space available between 900 to 8,300 sq ft Contact: RMS Properties at 847-891-1800

Vacant Land: Shovel-Ready to Build 1735 167th

1735 167th Street Single lot: 18,264 sq ft Zone: B-2 (Service Business)

Village Overview & Demographics

The Village of Hazel Crest is a peaceful, suburban community of approximately 14,000 residents. Founded in 1912, its name originated from the hazel nut trees that were known for the area. Still known for its trees, green space and streams, Hazel Crest is located 25 miles south of downtown Chicago. You’ll find several TIF districts, tax-reducing strategies, engaged elected officials, and enthusiastic professional staff all waiting to help you make Hazel Crest the home of your next project! To learn more, click here.

Goal & Priorities

It is the goal of the Village of Hazel Crest to retain and create quality full-time permanent jobs by attracting private investment for office, industrial, warehouse, distribution, and related businesses, in addition to retail establishments and restaurants.

Business Incentives

Cal Sag Enterprise Zone
Business developers may benefit from discounts on village permits, state sales tax, construction costs and real estate incentives via the Cal Sag Enterprise Zone.  For more information about the Cal Sag Enterprise Zone business development incentives, log on to the website at http://calsagezone.com/.
Cook County Property Tax Incentives
Cook County offers certain incentives to reduce property taxes.  For qualifying projects, rates can be lowered for years. Incentives must be approved by both the Village of Hazel Crest and Cook County.  Contact the Cook County Assessor - http://www.cookcountyassessor.com/.
State of Illinois
For information about available business development programs, contact the Illinois Department of Commerce and Economic Opportunity - https://www.illinois.gov/dceo.

Tax Increment Financing (TIF)

TIF incentives are offered on a case-by-case basis up to 50% reimbursement of eligible expenses. The use of TIF is restricted by state statute.  Currently, there are three active TIF districts located in the Village of Hazel Crest:  Along 167th Street, along 183rd Street and in the original section of the village called The Proper.  (The fourth, Cherry Creek TIF, is not active).
New Businesses
Pink Panini
17505 Kedzie Ave.
Hazel Crest, Illinois

Marvella Boutique
17511 Kedzie Ave.
Hazel Crest, Illinois

T-Mobile
17517 Kedzie Ave.
Hazel Crest, Illinois

Armanetti’s Liquor
18230(A) Kedzie Ave.
Hazel Crest, Illinois

Anytime Fitness
18232 Kedzie Ave.
Hazel Crest, Illinois