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IL-394 - Crete Park of Commerce 1.81 - 8.8 Acre Commercial Land Lots Offered at $228,122 - $1,240,765 Per Lot in Crete, IL 60417

Investment Highlights
- Nine shovel-ready development sites totaling 31 acres within a 100+ acre master-planned business park.
- Infrastructure and stormwater management systems already in place, reducing development timelines.
- Proximity to Chicago CBD, O’Hare and Midway airports, and multiple intermodal facilities for superior logistics connectivity.
- Strategic location at IL-394 and Steger Road with direct access to major interstates and regional transportation networks.
- Flexible zoning supports office, industrial, and retail uses with aggressive TIF and other incentives available.
- Surrounded by strong retail, dining, and service amenities to support workforce and business needs.
Executive Summary
The property is fully equipped with infrastructure and roadways, stormwater management systems, and flexible zoning to accommodate a variety of uses, including office, industrial, and retail. Aggressive economic incentives, including TIF, are available to support development and enhance project feasibility. With shovel-ready sites and a pro-business environment, Crete Park of Commerce is designed to meet the needs of modern businesses seeking efficiency, scalability, and long-term growth potential.
Located just 32 miles from downtown Chicago and within an hour of O’Hare International Airport, the site also benefits from proximity to major intermodal facilities, including UP, BNSF, and CN terminals, making it an ideal choice for logistics and distribution users. Nearby amenities include national retailers, restaurants, and essential services, creating a convenient and attractive environment for employees and customers alike. This is a rare opportunity to secure prime development land in a growing industrial corridor with unmatched regional access and infrastructure readiness.
Property Facts
| Price | $228,122 - $3,281,716 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 9 | Total Lot Size | 31.01 AC |
| Property Type | Land | ||
| Zoning | I-2 | ||
| Price | $228,122 - $3,281,716 |
| Sale Type | Investment |
| No. Lots | 9 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 31.01 AC |
| Zoning | I-2 |
9 Lots Available
Lot 13
| Lot Size | 2.10 AC |
| Lot Size | 2.10 AC |
MASTER-PLANNED DEVELOPMENT WITH ROADWAYS & INFRASTRUCTURE IN PLACE
Lot 38
| Price | $400,750 | Lot Size | 1.81 AC |
| Price Per AC | $221,408.84 |
| Price | $400,750 |
| Price Per AC | $221,408.84 |
| Lot Size | 1.81 AC |
MASTER-PLANNED DEVELOPMENT WITH ROADWAYS & INFRASTRUCTURE IN PLACE
Lot 2.4
| Price | $498,690 | Lot Size | 6.50 AC |
| Price Per AC | $76,721.54 |
| Price | $498,690 |
| Price Per AC | $76,721.54 |
| Lot Size | 6.50 AC |
MASTER-PLANNED DEVELOPMENT WITH ROADWAYS & INFRASTRUCTURE IN PLACE
Lot 23
| Price | $334,776 | Lot Size | 2.60 AC |
| Price Per AC | $128,760.00 |
| Price | $334,776 |
| Price Per AC | $128,760.00 |
| Lot Size | 2.60 AC |
MASTER-PLANNED DEVELOPMENT WITH ROADWAYS & INFRASTRUCTURE IN PLACE
Lot 4
| Lot Size | 2.40 AC |
| Lot Size | 2.40 AC |
MASTER-PLANNED DEVELOPMENT WITH ROADWAYS & INFRASTRUCTURE IN PLACE
Lot 19
| Price | $278,388 | Lot Size | 2.40 AC |
| Price Per AC | $115,995.00 |
| Price | $278,388 |
| Price Per AC | $115,995.00 |
| Lot Size | 2.40 AC |
MASTER-PLANNED DEVELOPMENT WITH ROADWAYS & INFRASTRUCTURE IN PLACE
Lot 24
| Price | $300,225 | Lot Size | 2.30 AC |
| Price Per AC | $130,532.61 |
| Price | $300,225 |
| Price Per AC | $130,532.61 |
| Lot Size | 2.30 AC |
MASTER-PLANNED DEVELOPMENT WITH ROADWAYS & INFRASTRUCTURE IN PLACE
Lot 20
| Price | $228,122 | Lot Size | 2.10 AC |
| Price Per AC | $108,629.52 |
| Price | $228,122 |
| Price Per AC | $108,629.52 |
| Lot Size | 2.10 AC |
MASTER-PLANNED DEVELOPMENT WITH ROADWAYS & INFRASTRUCTURE IN PLACE
Lot 25
| Price | $1,240,765 | Lot Size | 8.80 AC |
| Price Per AC | $140,996.02 |
| Price | $1,240,765 |
| Price Per AC | $140,996.02 |
| Lot Size | 8.80 AC |
MASTER-PLANNED DEVELOPMENT WITH ROADWAYS & INFRASTRUCTURE IN PLACE
Property Taxes
| Parcel Number | 23-15-02-403-001 | Improvements Assessment | $0 |
| Land Assessment | $11,969 | Total Assessment | $11,969 |
Property Taxes
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IL-394 - Crete Park of Commerce
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