We Make It Easy to Build in Brookfield
Brookfield offers the amenities’ of a big city without the red tape! The staff is ready to help streamline the permit process and provide the data to support your investment decision. In the past three years alone we have worked with developers on these commercial projects:
– National Chain Retailers
Brookfield has worked with, and continues to work with, national retailers along Ogden Avenue, helping them with land assembly and expediting new construction.
– Independent Retailers and Restaurants
The Village has partnered with independent family-owned businesses to redevelop central Brookfield, many of which are within walking distance to our central Metra station.
– Fast Casual Restaurants
The Village has collaborated with several businesses (either in a facilitator role or as a co-investor via sales tax sharing) on new construction and renovation projects, including those with a drive-through component that leverages the robust traffic flow along Ogden Avenue.
Key Metrics for Real Estate Professionals
The following are key metrics for real estate professionals considering investment in Brookfield.
|DEMOGRAPHIC METRICS||Brookfield||Cook County||Illinois|
|2013 Population (Estimate)||19,039||5,246,635||12,890,552|
|High School Degree||94%||85%||87%|
|Daily Metra Ridership||952|
|AV/Day – Ogden*||25,000-25,100|
|AV/Day – First Avenue||38,600-41,800|
|AV/Day – 31st St.||13,100-15,700|
|AV/Day – Prairie||7,800-10,900|
|*Average vehicles per day|
|Source: IDOT, Metra|
Incentives Are Available
The Village of Brookfield is ready to work with business owners and developers who want to invest, and who want to see a competitive return on their investment when they establish a presence in our community. The Village has the entire portfolio of legal incentives available to local governments in Illinois. These include:
- Tax Increment Financing (TIF)
- Sales tax rebates
- Business District (BD) financing
- Property tax abatement
- Cook County Class 6(a), 6(b), 7 and 8 incentives