501 E Munz Road Crete, IL, 60417
$ 2,250,000Bedrooms Baths0.0 Sq 20,000
for $2,250,000. This 20,000 square foot building was built on a lot size of 1321X2637X1000X1320X330X13.
Welcome to Sawgrass Farms. This remarkable turnkey 70 acre horse training and rehabilitation facility has been the training facility to some of the top Harness Racing horses! This amazing working property has a beautiful 1.2 mile training track, an impressive 75, 000 gallon horse rehabilitation pool, 156 stables, and currently boards 80 horses! Great income opportunities with horse boarding, and on site rental properties. Main building has 2 apartments 1 bedroom 1 bath each, and 5 offices; there is a 6 bedroom, 2 bath house on site and 2 trailer homes! Take this great piece of property and make it your own! Business, recreational, or personal use, this Equestrian property provides great opportunities with great income! Operating CAP Rate 8
Cooling System Central Air
Heating System Electric Ceiling Forced Air
Commercial Equipment Included Sale Includes Building Sale Includes Business
Rental* Excluded Features
Tenant Pays Air Conditioning Common Area Maintenance Electric Heating Insurance Real Property Taxes
List By Steven Charles Real Estate
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 4.125% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Commerical listings in Crete, IL
Average List Price $751,175
Percent of Sale Price 67 %
About Crete, IL
8 % Since 2002
$ 68,720 Median Income
44.85 Median Age
28 % Households with Children