Opportunity Zones in Illinois - Invest in Opportunity Zones

Opportunity Zones in Illinois

Opportunity Zones are low-income census tracts certified by the U.S. Department of the Treasury. There are 327 designated Opportunity Zones within Illinois, including in the cities of Chicago, Aurora, and Rockford.

Learn more about financing your Opportunity Zone project in Illinois, with Qualified Opportunity Fund equity investments.

 

Why develop your project in an Opportunity Zone in Illinois with OZone Financing Solutions?

OZone Financing Solutions can help you source investment capital to develop your project in Illinois. Opportunity Zones connect private-sector investment to low-income communities, which means you can finance your project in Illinois and stimulate the local economy. An Opportunity Zone investment is a great way to benefit both investors and communities in Illinois, such as Chicago–Joliet–Naperville-Aurora, IL–IN–WI Metropolitan Statistical Area and Peoria Metropolitan Statistical Area.

Visit our Opportunity Zone development guide to learn about developing Qualified Opportunity Zone property and to discover how OZone Financing Solutions can benefit your project in Illinois.

 

We will work with you to simplify the Opportunity Zone process in Illinois.

To successfully secure Opportunity Zone equity investment, you may need to use multiple types of capital in the final capital stack for your project. You’ll also need to establish a Qualified Opportunity Fund and market your Opportunity Zone project. OZone Financing Solutions can provide you with a turnkey, one-stop-shop solution to simplify the process. OZone Financing provides best-in-class quality, speed, and coordination for project structuring and legal documentation as well as a full marketing and fundraising package.

 

What areas in Illinois qualify as an Opportunity Zone?

Our free Opportunity Zone Map will show where designated Opportunity Zones are located within Illinois.

Ozone Financing’s Opportunity Zone map

If your project is located within a designated Opportunity Zone in Illinois, you should familiarize yourself with the requirements for becoming a Qualified Opportunity Zone property.

 

Illinois and its economic climate are vibrant.

Illinois is an attractive destination for visitors, university students, and investors. Well-known landmarks and cities, such as Willis Tower and Chicago, attract tourists to the area, and Northwestern University and University of Chicago draw students from across the United States and around the world. Additionally, Illinois has embraced Opportunity Zones as a great source of potential growth for the U.S. economy and for low-income communities. Opportunity Zones provide strong returns for investors while providing communities with much-needed development capital and jobs. Illinois has a GDP of $820.36 billion, which ranks 5th in the United States.

The State of Illinois covers an area of 57,914 square miles, including 8 major cities, with a total population of 12,741,080 and 327 Opportunity Zones. It is the 12th-most densely populated state in the United States.

According to the 2010 U.S. Census, the State of Illinois had a population of approximately 9,936,000 over the age of 16. Of this, approximately 6,646,000 people are in the labor force of Illinois, with 5,965,000 who are employed and 681,000 unemployed. Unemployment statistics for the State of Illinois in 2015 show average unemployment at 6%. Monthly unemployment rates in Illinois were 5.7% in October 2015, 5.8% in November 2015, and 6% in December 2015.

 

Our EB5AN State of Illinois regional center offers a unique alternative source of capital.

Our EB5AN State of Illinois EB-5 regional center covers Opportunity Zones in Cook and Jo Daviess counties, which creates a unique opportunity to further incentivize investors and diversify your project’s sources of capital. Through the EB-5 Program, qualified foreign investors can invest in a USCIS-approved EB-5 regional center projects to gain permanent resident status in the United States. Our EB5AN State of Illinois regional center offers geographic coverage of Chicago, Aurora, and Rockford, including the areas of Hyde Park, Scraper-Moecherville, and Green View Heights. The Peoria metropolitan area consists of five counties including Peoria County in Illinois.

 

Discover the benefits of developing your project in a Qualified Opportunity Zone.

Given Illinois’s large population, becoming a Qualified Opportunity Zone business would create measurable benefits in your community. You would stimulate the local economy, thereby reducing the number of unemployed people in Illinois.

Contact OZone Financing Solutions today to learn more about developing an Opportunity Zone project in Illinois.

Call 1-833-886-9663 or e-mail at info@OzoneFinancing.com.

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