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Property profile

0 Crete-Monee Rd Crete, IL 60417

OFF-MARKET
Land
25 ac lot
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Property summary

AI-generated overview

This exceptional 25-acre agricultural property in Crete Township, Will County, Illinois, presents a unique investment opportunity. Located on W Crete-Monee Rd, with convenient access to major transportation hubs and the amenities of Crete, IL (zip code 60417), this A-1 zoned land offers significant potential. The asking price is $625,000, translating to $25,000 per acre. The property boasts approximately 75% tillable acres, with a Soil PI of 115.4, making it highly suitable for farming or agricultural pursuits. Its location just outside Crete's city limits provides a blend of rural tranquility and proximity to urban conveniences. The property features nice frontage on New Monee Road and includes a small amount of timber, adding to its aesthetic appeal and potential for a private estate or compound development. Crete's strategic location near Chicago and other key markets, combined with its supportive local government and strong school system, makes this a highly desirable location for both residential and commercial development. The APN is 23-15-19-400-024-0000. This is a rare opportunity to acquire a substantial parcel of land in a thriving and strategically located community.

Property profile

Verified
Property type Land
Lot 25 ac (1,089,000 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Crete-Monee Rd Crete, IL 60417
Crete metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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