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Economic development in Minok city |
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Minonk's Industrial Park Minonk's Industrial Park is located at the north edge of the city between I-39 and U.S. Route 251. The park is only 1/4 mile away from the I-39 interchange which facilitates transportation of materials and also makes the site an ideal location for warehousing. Lots are avilable for development within the park. In addition, there is 220 acres of land available for sale north of the industrial park. The park's biggest occupant is SMF Inc. a machine shop that makes parts for equipment manufacturers. Opportunities The city of Minonk offers excellent opportunities for economic development. The city is located on Interstate 39 and has large tracts of land available for industrial, commercial, or real estate development. With low real estate prices and taxes and with a lower than average wage scale, Minonk offers a low cost solution to expanding your operations or for setting up a new enterprise. Read on to see why the City of Minonk is a great place to grow your business. Advantages Minonk is located next to I-39 and is 30 miles south of I-80, 30 miles north of I-74 and 20 miles west of I-55. This proximity to interstate highways makes Minonk an ideal location for providing transportation to and from your operations. In addition, Minonk is conveniently located in the center of 3 fairly large metropolitan areas which provides a large labor pool. Low cost Minonk is far enough away from large metropolitan areas to enjoy a relatively low cost of living. Being located in the middle of the richest farmland in the world, farm acreage is going for $3000 to $4000 an acre. Residential property sells for $10,000 to $18,000 for a 1/3 acre lot. The average wage scale is competitive and property taxes are low. Life style Minonk offers a respite from the harried life style of the big-city. The community is blessed with a low crime rate, no pollution or traffic jams, and an excellent school system. In addition, the city has an excellent residential area with many new houses as well as many beautiful old houses that have been well maintained. It is an excellent place to raise a family. Minonk's Industrial Park contains retail establishments that take advantage of the high traffic volume off of I-39 and U. S. Route 251. Stoller International sells CASE farm machinery and lawn equipment while Napa Minonk sells auto parts The Carolyn Development is located at the northeast corner of the I-39 interchange and services traffic from I-39 as well as local traffic. The development currently has a Shell truck stop and car gas station with a convenience store, a full service restaurant and a Subway sandwich shop. A Motel 6 is located across from the truck stop complex. A car dealer with car repair and service facilities is located near the entrance. There currently are two lots available for development. Approximately 20,000 cars a day pass by the interchange which provides tremendous potential for a fast food restaurant in the development complex.
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