Technical
Financial
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Property profile

26273 Royal Crest Dr Crete, IL 60417

OFF-MARKET
Land
12.62 ac lot
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Property summary

AI-generated overview

This exceptional 12.62-acre property in Crete, Illinois, presents a unique opportunity for building a new estate or developing a residential project. Located at 26273 Royal Crest Dr, in Will County, zip code 60417, this heavily wooded lot boasts mature trees and open spaces, perfect for those seeking a tranquil yet accessible setting. The land is zoned residential and allows horses, a rare find in this area. Priced competitively at $252,000 ($20,000 per acre), this property offers significant value. Conveniently situated approximately 40 minutes from Chicago and Northwest Indiana, it provides easy access to urban amenities while maintaining a peaceful, rural atmosphere. Water and sewer services are available through Aqua of Illinois. For those seeking a larger parcel, an adjacent 14.68 acres is also available for purchase, or all 27.59 acres can be acquired at a discounted price. The possibility of owner financing may be considered, subject to price and terms. Don't miss this chance to own a piece of desirable Illinois countryside.

Property profile

Verified
Property type Land
Lot 12.62 ac (549,727 SF)

Cap rate & NOI

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

Location

26273 Royal Crest Dr 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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