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Historic Retirement Home Complex
For Sale
$2,000,000

2681 Route 394 Crete, Crete, IL 60417

Historic retirement home property with a high-rise building, attached rotunda, and ample on-site parking.

Property SizeContact for details
Lot Size51.00 Acres
Days on Market48

Property Features for 2681 Route 394 Crete

General Information

Standard status Active
Lot size 51.00 Acres
Property subtype Land

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $9,543

Amenities

US Highway
51 acres
51
No
100
Asphalt
Listing Agency:
Listed By: Debbie Hundal · License #475185100
Source: Remaxadream
Added: Jul 9 Changed: Aug 15 Last Checked: Aug 25 at 6:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Debbie Hundal

Investment Insights

Based on property information with market context.

This historic retirement home complex includes an iconic high-rise building and an attached rotunda. The rotunda is described as an ideal space for a restaurant or event venue, providing flexibility for alternative uses alongside continued senior housing operations.

The property is located just off Route 394 and is adjacent to Balmoral Woods Golf Course. The sale includes approximately 51 acres and a total of 3 PINs, with ample parking throughout the site for occupants and guests.

Key Highlights

  • Historic Village Woods retirement home property with an iconic high‑rise building and an attached rotunda
  • 51‑acre site with frontage on US Highway; 100 ft frontage length; asphalt road surface
  • Includes 3 PINs in the sale

Property Analytics

Current Use

Senior Housing / Retirement ...

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Plumbing Service Spa & Massage Center Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

10
Businesses Nearby
Well-served
Demand for This Use

Demographics for 60417, IL

15,342
Population
6,356
Households
2.4
Avg Household Size
48
Median Age
31%
College-Educated
94%
High-School Grad
37.1 sq mi
ZIP Area
414
Density / Sq Mi
$93,346
Median Household Income
$46,211
Median Earnings
$1,362
Median Rent
$225,900
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Senior housing / Retirement Home - Historic retirement home property with a high-rise building, attached rotunda, and ample on-site parking.
Where is this senior housing / retirement home located?
The property is located at 2681 Route 394 Crete Crete, IL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Historic Village Woods retirement home property with an iconic high‑rise building and an attached rotunda; 51‑acre site with frontage on US Highway; 100 ft frontage length; asphalt road surface; Includes 3 PINs in the sale
More about this property
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