For Sale
$1,715,000

1001 Columbia St Steger, IL 60417

Prime Industrial Land, Excellent Location, Seller Financing.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 14.33-acre industrial land parcel, located at 1001 Columbia Street in Crete, Illinois (Will County, zip code 60417), presents a compelling investment opportunity. Zoned I-1, this property offers significant potential for various industrial uses. The asking price is $1,715,000, translating to a land value of $3.05 per square foot. A key advantage is the existing easement lease generating $6,000 in annual income. The property benefits from its location within a Tax Increment Financing (TIF) district, extending through 2028, offering potential tax advantages. Furthermore, the seller is open to considering financing options, making this property more accessible to a wider range of buyers. Conveniently situated just 11 miles from I-294, this location provides excellent access to major transportation arteries. Low Will County taxes further enhance the attractiveness of this investment. This property is ideal for developers or businesses seeking a strategically located industrial site with existing income and potential for future growth. The property's address is verified as 1001 Columbia St, Crete, IL 60417. The latitude and longitude coordinates are 41.455764, -87.635727 respectively.

Highlights

  • $1,715,000 asking price for 14.33 acres of I-1 zoned industrial land.
  • Located in Crete, IL (Will County), at 1001 Columbia St, 60417.
  • Land value: $3.05/SF.
  • Existing easement lease generates $6,000 annual income.
  • Situated within a TIF district (expires 2028) and 11 miles from I-294.
  • Seller financing considered.

Property Details for 1001 Columbia St

Property type
Land, Industrial properties
Lot Size (sq. ft)
624,215 SF

Location Insight

City
Steger
County
Will
State
Illinois
Latitude
41.455764
Longitude
-87.635727

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FAQs

What type of property is this?
Land - Prime Industrial Land, Excellent Location, Seller Financing.
Where is the land located?
The property is located at 1001 Columbia St Steger, IL.
What is the asking price?
The asking price for this property is $1,715,000.
What are key features of this property?
This property features: $1,715,000 asking price for 14.33 acres of I-1 zoned industrial land.; Located in Crete, IL (Will County), at 1001 Columbia St, 60417.; Land value: $3.05/SF.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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Contacts

Marc Bartolini
Marc Bartolini
Chris Wilbur
Chris Wilbur
Visit Broker Website

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Useful Information

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Columbia St
Steger, IL 60417

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Columbia St
Steger, IL 60417

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

1001 Columbia St
  • Marc Bartolini
    Marc Bartolini
  • Chris Wilbur
    Chris Wilbur
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