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    1404 W Exchange St Crete, IL 60417

    For Sale
    $189,900

    Land - Crete, IL

    Lot size:
    10.99 Acres
    Days on Market:
    110
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 1404 W Exchange St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    AGRIC
    APN
    2315083000390000
    Lot size
    10.99 Acres

    Building Details

    Architectural style
    Other

    Remax 10 (708) 857-1500 [email protected]

    Listing agent Bruce Hackel (708) 429-4300 License #471000756

    Listing date Aug 19, 2025

    MLS# 12446248 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    10 Acres Near Crete-Monee School

    This 10.99-acre parcel, which can be divided into two 5-acre parcels, is located across the street from Crete-Monee High School. It is currently zoned A-1 Agricultural within the Village of Crete, offering municipal police and fire protection. Sewer and water services are adjacent to the property. The zoning regulations state that "No use involving the raising, breeding or maintaining of animals, with the exception of domestic animals and those animals specifically mentioned herein shall be established after May 28, 1982." The location is less than 10 minutes from the Metra Train Station and Highway 394. The property presents multiple possibilities, including a residential homesite and commercial development. The daily traffic count on Exchange Street exceeds 10,000.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Crete
    County
    Will
    State
    Illinois
    Longitude
    -87.6467704
    Latitude
    41.4440234

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    FAQs

    What type of property is this?
    Land - 10 acres in Crete, IL, near school, with development potential.
    Where is this land located?
    The property is located at 1404 W Exchange St Crete, IL.
    What is the asking price?
    The asking price for this property is $189,900.
    What are key features of this property?
    This property features: - Development potential: Multiple possibilities including residential homesite and commercial development.; - Prime location: Located across the street from Crete-Monee High School.; - Divisible land: 10 acres that can be divided into two 5-acre parcels.
    (708) 429-4300
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    1404 W Exchange St Crete, IL 60417
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    Crete, IL 60417
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1404 W Exchange St Crete, IL 60417
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