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$2,000,000 Just Listed
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Property Description
Incredible Investment Opportunity - Historic Village Woods Retirement Home. Now available for sale, this expansive property offers unmatched potential. Ideally located just off Route 394 and adjacent to the scenic Balmoral Woods Golf Course, this unique site includes the iconic high-rise building and the attached rotunda-an ideal space for a restaurant or event venue. With approximately 51 acres and ample parking throughout, this property is suited for redevelopment, expansion, or continued use. Total of 3 PINs included in the sale. Prime location with beautiful natural surroundings and excellent accessibility. A rare chance to own a legacy property in a highly desirable corridor.
Full Property Details
Full Property Details for 2681 Route 394
General
- Price: $2,000,000
- Taxes: $9,543 (2024)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12638372
- Updated: 5/5/2026
- Added to Site: 1 day(s) ago
Location
- Area: Crete
- County: Will
- Township: Crete
- Driving Directions: take 394 to village wood dr
School Information
- School District: 201U
- Elem School District: 201U
- Midd School District: 201U
- High School District: 201U
Heating & Cooling
- Cooling Type: Central Air Conditioning
Utilities
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected
Structural Information
- Square Feet: 51
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Acres): 51
- Lot Size Range: 25.0 to 99.99 Acres
- Lot Dimensions: 51 acres
- Frontage: US Highway
- Frontage Feet: 100
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $9,543
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 2315332000160000
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Price & Sales History for 2681 Route 394
Date
Details
Price
Change
Source
5/04/2026
Listed
$2,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2681 Route 394
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,898
-9%
$82,177
—
2023
$8,685
-2%
$82,177
100%
2022
$8,843
—
-100%
2022
$8,843
-7%
$82,177
—
2020
$9,558
-3%
$82,177
—
2019
$9,875
-1%
$82,177
—
2018
$9,974
-3%
$82,177
—
2017
$10,319
—
$82,177
—
2016
$10,365
1%
$82,177
—
2015
$10,265
-1%
$82,177
—
2014
$10,401
7%
$82,177
—
2013
$9,695
11%
$82,177
—
2012
$8,713
—
$82,177
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2681 Route 394
2681 Route 394, Crete, IL 60417 (MLS# 12638372) is a Lots/Land property with a lot size of 51 acres. 2681 Route 394 is currently listed for $2,000,000 and was received on May 04, 2026. Want to learn more about 2681 Route 394? Do you have questions about finding other Lots/Land real estate for sale in Crete? You can browse all Crete real estate or contact a Coldwell Banker agent to request more information.

