0 Crete-Monee Rd Crete, IL 60417
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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