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Property profile & analytics
OFF-MARKET
Commercial real estate

2400 Bemes Rd Crete, IL 60417

68 ac lot
Individually Owned 1-yr Hold
Property ID
US28-3000114
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 Commercial real estate
Lot 68 ac (2,962,080 SF)
APN 2315252000040000
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
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
The Second Story Foundation · 1 yrs held
The Second Story Foundation
since 2025
3 recorded transactions
2025
$1.0M
2019
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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