37 Acre Crete Grand Prairie Crossing
| Status: | Sold |
| County: | Will |
| Township: | Crete |
| Address: | 1740 W. Exchange Street Crete IL 60417 |
| Gross Land Area: | 37 Acres |
| Hectare Conversion | |
| Property Type: | Vacant Farm Land with Development potential |
| Possible Uses: | Agricultural Production/Future Development |
| Total Investment: | $240,500.00 |
| Monetary Conversion | |
| Unit Price: | $6500.00 per acre |
| Sold Price: | $240,500.00 |
| Productivity Index (PI): | 117.3 |
| Value Per PI Point: | 55.41 |
| Buildings: | No Buildings on this Parcel |
| Utilities: | Natural Gas, Electric, Water and Sewer are available |
| Zoning: | Agriculture |
For more information contact:
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Douglas W. Deininger, ALC 1-815-439-9245 1-815-439-9245 doug@deininger-land.com |
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Goodwin & Associates Real Estate, LLC is an AGENT of the SELLERS. |
Goodwin & Associates Real Estate, LLC 1-815-741-22261-815-741-2226 |
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Property Overview
This 37 acre farm has a soil PI of 117.3 . The parcel is located less than 1 mile to the west of downtown Crete, in Crete Township, Will County. The property is northeast of Deer Creek Golf Course and 2 miles east of Governors State University.+ View Brochure
+ View Property Disclaimer and Disclosure.
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Property Map
Listing Details
General Information |
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| Listing Name: | 37 Acre Crete Grand Prairie Crossing |
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| Tax ID Number/APN: | 23-15-07-401-011-0000 23-15-07-401-012-0000 23-15-07-401-005-0000 |
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| Possible Uses: | Agriculture and development | |
Area & Location |
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| School District: | Crete-Monee Community Unit School District 201-U Coretta Scott King Magnet School Crete-Monee Middle School Crete-Monee High School |
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| Location Description: | This 37 acre parcel is located 1 mile west of downtown Crete, IL. The property located on W. Exchange Street is in a prime location for development. W. Exchange has approximately 8300 cars passing daily. This property sits adjacent to the Will County Sheriff's Crete substation. The property is also just north east of Deer Creek Golf Course and 2 miles east of Governors State University. |
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| Site Description: | This parcel is relatively flat. | |
| Side of Street: | This 37 acre parcel is located on the north side of W. Exchange Street. | |
| Highway Access: | I-57 is 4.3 miles to the west of the property. I-57 is a direct route to Chicago and both airports. Champaign, IL is south on I 57. | |
| Road Type: | Asphalt blacktop construction | |
| Property Visibility: | This property has great visibility and according to IDOT data there are approximately 8300 cars passing daily according to IDOT data. | |
| Largest Nearby Street: | Steger Monee road is less than .5 miles to the west as well as Cicero Ave which is 3.2 miles to the west. Illinois 394 is 3 miles to the east of this property. | |
| Transportation: | Public transportation is essential to Crete. The Metra Electric line is located at Governors Highway and University Park. This Metra Electric goes between University Park and Chicago traveling through Matteson, Homewood, and Olympia Fields. The PACE bus runs through Crete University Park. |
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Land Related |
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| Lot Frontage (Feet): | There is 1874 feet of frontage along W. Exchange Street. | |
| Tillable Acres: | There are approximately 31.5 acres of the 37 acres that are tillable. | |
| Lot Depth: | The parcel is irregularly shaped. It is approximately 1832 feet from east to west and 708 feet from south to north. | |
| Buildings: | This property is free of buildings. | |
| Flood Plain or Wetlands: | This property does have approximately 3 acres of wetlands, but is free of any FEMA Designations. Please see the Wetlands Map and the FEMA Report in the Brochure for further information. | |
| Topography: | The 37 acre parcel is relatively flat. More information can be found on the Topography, Contour and the Hillshade maps in the brochure. | |
| Soil Type: | Ashkum Silty Clay Loam (232A) Osaukee Silt Loam (530C2, 530E2, 530D3) |
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| Available Utilities: | All utilities are available on this property. | |
Financials |
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| Finance Data Year: | 2019 taxes paid in 2020 | |
| Real Estate Taxes: | 23-15-07-401-011-0000 $670.42 23-15-07-401-012-0000 $259.08 23-15-07-401-005-0000 $98.02 Total amount paid in 2020 for 2019 taxes $1027.52 or 27.77 per acre |
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| Investment Amount: | An investment of $240,500.00 or $6500 per acre. | |
Location |
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| Address: | 1740 W. Exchange St. Crete, IL 60417 |
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| County: | Will County | |
DOUGLAS W. DEININGER, ALC PROFESSIONAL BIOGRAPHY
As a member of the Illinois Farm and Land Brokers Chapter of the Realtors Land Institute, he was elected state President in 2000. In 2008 he acquired his Accredited Land Consultant accreditation (ALC) and also the Chapter awarded Mr. Deininger the Land Broker of the year award.
Doug has been a speaker at numerous Farmland Seminars sharing his expertise on farm land values, leasing, and 1031 like kind exchanges.
He has been a licensed farm real estate broker in Illinois for over 30 years. Throughout his career Mr. Deininger has sold or acquired approximately 100 million dollars in farm real estate. He has a genuine interest in finding the best possible solution for his clients.
Douglas W. Deininger, ALC
1-815-439-9245 1-815-439-9245 doug@deininger-land.com
is an AGENT of the SELLERS.
GOODWIN & ASSOCIATES REAL ESTATE, LLC
Goodwin & Associates Real Estate, LLC, LLC was established in 1996 as a land brokerage company. We specialize in farmland sales and marketing. We also offer brokerage services with industrial land, commercial land, residential development land and retail development land.
Goodwin & Associates Real Estate, LLC is based in Will County, but has effectively marketed and brokered properties from Metropolis Illinois to Grayslake Illinois. We are a full-service brokerage company with answers to your questions. In our years of experience, we have helped clients with the purchase and marketing of hundreds of millions of dollars in land investments.
Goodwin & Associates Real Estate, LLC
1-815-741-22261-815-741-2226