Listing Agency: VRS Commercial r***@gmail.com Show Phone

Listed By: Ruben Vallejo · License #IL 475130714

Source: Crexi

Added: Jun 4, 2020 Changed: Aug 8 Last Checked: Aug 29 at 7:24PM

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Investment Insights

Based on property information with market context.

This 6.25-acre parcel is located on Exchange Street in Crete, Illinois, approximately 1/4 mile west of I-394. The location benefits from high visibility, with around 30,000 vehicles per day at the nearby intersection. The property is situated across the street from Walt's Supermarket and Ace Hardware. While currently zoned residential, the property can be rezoned to commercial, offering various potential uses.

Key Highlights

• 6.25 acre parcel size.
• Excellent visibility.
• Close proximity (1/4 mile) to I‑394.

Property Analytics

Property Profile

Current Use

Vision Garage Door ... Construction Company

Suggested Use

Top Pick Building Supply (Bike/Boat/Book/etc) Store Plumbing Service Grocery & Convenience Store Pharmacy Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

50

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - 6.25 acre parcel near I-394 with high visibility.

Where is this commercial land located?

The property is located at 1240 E Exchange St Crete, IL.

What is the asking price?

The asking price for this property is $475,000.

What are key features of this property?

This property features: 6.25 acre parcel size.; Excellent visibility.; Close proximity (1/4 mile) to I‑394.