PRESS ROOMNEWS RELEASE
Inland Real Estate Commercial Brokerage, Inc. Selected as Exclusive Representative to Sell Development Pods at Heritage Harbor in Ottawa, IllinoisFebruary 13, 2019
Oak Brook, Ill. – Inland Real Estate Commercial Brokerage, Inc. (“Inland Commercial Brokerage”) announced today that it was named the exclusive representative to sell development pods at Heritage Harbor, located in Ottawa, Illinois, 80 miles southwest of Chicago.
The Heritage Harbor development is a master-planned resort community that surrounds a marina on the Illinois Waterway in Ottawa. The property consists of 142 acres, including a 32-acre protected harbor marina with deep water access to the Illinois River. The development is approved for nearly 600 residential units, which include a mix of detached and attached homes. The current property owner has completed 102 residential units, with eight units currently under construction and 72 shovel-ready sites.
Residents at Heritage Harbor will have access to extensive community amenities, including a yacht club, recreational facilities, dry stack boat storage, outdoor parks with picnic areas and walking and biking trails. The development also plans to have commercial space for retailers, iconic vacation cottages and a boutique-style hotel with meeting and conference space.
“We are pleased to represent the Heritage Harbor development as it is ideally located in the heart of Starved Rock Country, an incredible outdoor recreation region that is rich in history, nature and adventure,” said Eric Spiess, senior vice president of Inland Commercial Brokerage. “Phased development is ongoing in multiple locations within the community and ownership is continuing to expand. Heritage Harbor has experienced year-over-year growth and continues to show increased signs of strength, signaled by 21 home sales in 2018.”
Inland Commercial Brokerage is a boutique brokerage firm providing sales, acquisition and exchange services to private, public and institutional owners and managers of commercial investment real estate.
About Inland Real Estate Commercial Brokerage, Inc.
Inland Real Estate Commercial Brokerage, Inc. is a boutique brokerage firm providing real estate solutions for sales and exchanges for private, public and institutional owners/managers of commercial investment real estate. Throughout Inland’s history, its brokerage entities have closed on more than $1.3 billion including 8,700 multifamily apartments and 140 million square feet of commercial real estate. For more information, please visit www.inlandbrokerage.com.