501 Munz Road

    Crete, IL 60417
    • $3,900,000
    • STATUS: Active
    • ON SITE: 37 days
    • MLS #: 10479791
    UPDATED: 41 min ago
    $3,900,000
    • 0
      BEDS
    • 25.0-99.99 Acres
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 20,000
      SQFT
    • $195
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    Sawgrass Farms is an ELITE horse training center with some of the top harness horses in the nation stabled their year in and year out. This incredibly well maintained turnkey operation features 70 acres, 156 stables, a half mile track, 75,000 gallon rehabilitation pool, and more! Currently 109 of the 156 stables are being rented out. However, The income potential does not stop with Horse boarding. Sawgrass Farms also features on site rental properties such as 2 apartments and 5 offices in the main building, a 6 bed 2 bathroom house on site, and two trailer homes! With Harness racing on its way back in Illinois do not miss your chance to capitalize on this unique opportunity with HUGE upside potential and very little downsize risk. Take this beautiful piece of property and make it your own!

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    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Property Consultants Realty. Based on information submitted to the MRED as of 2019-09-16T09:50:39.407 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    www.propertyconsultants.com/homes/97763669

    501 Munz Road Crete, IL 60417

    • Price: $3,900,000
    • Status: Active
    • Updated: 41 min ago
    • MLS #: 10479791
    0
    Beds
    0
    Baths
    0
    ½ Baths
    25.0-99.99 Acres
    Acres
    20,000
    SQFT
    $195
    $/SQFT
    Neighborhood:
    Crete
    County:
    Will
    Area:
    Crete
    Property Description
    Sawgrass Farms is an ELITE horse training center with some of the top harness horses in the nation stabled their year in and year out. This incredibly well maintained turnkey operation features 70 acres, 156 stables, a half mile track, 75,000 gallon rehabilitation pool, and more! Currently 109 of the 156 stables are being rented out. However, The income potential does not stop with Horse boarding. Sawgrass Farms also features on site rental properties such as 2 apartments and 5 offices in the main building, a 6 bed 2 bathroom house on site, and two trailer homes! With Harness racing on its way back in Illinois do not miss your chance to capitalize on this unique opportunity with HUGE upside potential and very little downsize risk. Take this beautiful piece of property and make it your own!
    Exterior Features

    Approx Land Sq Footage 18000 Lot Dimensions 1321X2637X1000X1320X330X13 Lot Sq Ft 3054427 Number Of Parking Spaces 10

    Interior Features

    Air Conditioning Central Air Number Of Stories 2

    Property Features

    Adj Net Inc Expense Source Owner Projection Adjusted Net Income 159000 Ann Rnt Expense Source Owner Projection Annual Rent For Real Estate 31000 Business Age 11+ Years Business Type Other Cost Of Goods Expense Source Owner Projection Cost Of Goods Sold 0 Cost Of Goods Year 2018 Gross Payroll 99840 Gross Payroll Expense Source Owner Projection Gross Payroll Year 2017 Gross Profit 342000 Gross Profit Expense Source Owner Projection Gross Profit Year 2018 Gross Sales Ann Expense Source Owner Projection Gross Sales Ann Year 2018 Gross Sales Annual 0 Heat Ventilation Ceiling UnitsForced Air Inventory 0 Inventory Expense Source Owner Projection Inventory Year 2018 Known Encumbrances None Known Net Operating Income Year 2018 Net Profit 159000 Net Profit Source Owner Projection Possession Closing Property Offered For Sale Only Real Estate Included YN Yes Tax Year 2017 Taxes 75999 Tenant Pays Air ConditioningElectricHeatReal Property TaxesInsuranceRepairs And Maintenance Total Op Exp Year 2018 Total Op Expense Source Owner Projection Total Operating Expenses 182840 Type Of Lease None Zoning Type Other

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Re/Max 2000.


    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Property Consultants Realty. Based on information submitted to the MRED as of 2019-09-16T09:50:39.407 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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