Technical
Financial
Distress signals
Property profile

2400 E Bemes Rd Crete, IL 60417

FOR SALE
Land
Property ID
US28-3000114
68 ac lot
Individually Owned 1-yr Hold
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 68-acre equestrian property in Crete, Illinois, presents a unique investment opportunity. Located at 2400 E Bemes Rd, Will County, zip code 60417 (APN 2315252000040000), the property is zoned A1 and offers a fully operational horse training facility. The farm boasts 85 stalls, providing ample space for equine residents. A 5/8th mile training track allows for comprehensive rider and horse development. A dedicated horse rehabilitation pool further enhances the facility's capabilities. Beyond the core training areas, the property includes well-appointed offices and apartments, adding to its functionality and potential for income generation. The current occupancy rate is 100%, making this a turnkey investment with immediate returns. The substantial acreage provides significant room for expansion or future development, allowing the new owner to customize and personalize the facility to their specific needs and vision. This is a rare opportunity to acquire a fully functioning, high-demand equestrian center with significant potential for growth. The asking price is $1,299,900.

Property profile

Verified
Property type Land
Lot 68 ac (2,962,080 SF)
UPID US28-3000114

Cap rate & NOI

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

Location

2400 E Bemes Rd Crete, IL 60417
Crete metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2025
3 recorded transactions
2025
$1.0M
2019
Price N/A
2017
Price N/A

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message