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IL-394 & Steger Rd - Lot 25 8.76 Acres of Commercial Land Offered at $1,686,200 CAD in Crete, IL 60417

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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

Crete Park of Commerce presents a premier opportunity for developers and investors seeking shovel-ready sites in a strategic South Suburban Chicago location. This master-planned business park spans over 100 acres and offers nine development parcels totaling 31 acres, with individual lot sizes ranging from 2.1 to 8.8 acres. Positioned at the intersection of IL-394 and Steger Road, the park provides exceptional access to major transportation corridors, including I-80, I-57, and I-294, ensuring seamless connectivity to the Chicago metropolitan area and beyond.
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 $1,686,200 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Hotel
Total Lot Size 8.76 AC
Zoning I-2

1 Lot Available

Lot 25

Price $1,686,200 CAD
Price Per AC $192,488.54 CAD
Lot Size 8.76 AC

MASTER-PLANNED DEVELOPMENT WITH ROADWAYS & INFRASTRUCTURE IN PLACE

  • Listing ID: 39563299

  • Date on Market: 2026-02-24

  • Last Updated:

  • Address: IL-394 & Steger Rd, Crete, IL 60417

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