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    1011 Dixie Hwy Crete, IL 60417

    Sponsored
    For Sale
    $89,900

    Prime 3/4 Acre Commercial Lot, B2 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional opportunity to acquire a highly visible 3/4-acre commercial lot situated on Dixie Highway (Route 1) in Crete, Illinois. This 33,960 square foot parcel boasts a desirable B2 zoning designation, opening doors to a wide range of commercial ventures. The property's dimensions measure approximately 120 feet by 283 feet, providing ample space for development. Its strategic location on a busy thoroughfare ensures high traffic visibility and accessibility, making it an ideal site for businesses seeking maximum exposure. Utilities are conveniently located at or near the property, simplifying the development process. The asking price for this exceptional commercial land is $89,900. This represents a compelling investment opportunity in a thriving community. Don't miss the chance to secure this prime location and build your business success. The property address is 1011 S Dixie Hwy, Crete, IL 60417, within Will County. Broker co-op is available.

    Property Features for 1011 Dixie Hwy

    General Information

    Property type
    Land

    HighLights

    • Highly visible 3/4‑acre commercial lot on Dixie Highway (Route 1) in Crete, IL.
    • 33,960 square foot parcel with B2 zoning.
    • 120' x 283' lot dimensions, ample space for development.
    • High traffic visibility and accessibility on a busy thoroughfare.
    • Utilities readily available.
    • $89,900 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Clothing Store Auto Repair Shop Gym & Fitness Wholesale Shop Auto Parts Store Kitchen & Bath Bar & Pub Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Crete
    County
    Will
    State
    Illinois
    Longitude
    -87.633206410893
    Latitude
    41.455968197424

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    FAQs

    What type of property is this?
    Land - Prime 3/4 Acre Commercial Lot, B2 Zoning
    Where is this land located?
    The property is located at 1011 Dixie Hwy Crete, IL.
    What is the asking price?
    The asking price for this property is $89,900.
    What are key features of this property?
    This property features: Highly visible 3/4-acre commercial lot on Dixie Highway (Route 1) in Crete, IL.; 33,960 square foot parcel with B2 zoning.; 120' x 283' lot dimensions, ample space for development.
    Request Owner's contact information
    1011 Dixie Hwy 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
    1011 Dixie Hwy Crete, IL 60417
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