Prime investment opportunity in the heart of Crete! This well-maintained mixed-use property at 968-980 Main St features 7 fully occupied units with a proven track record of stability and long-term tenancy-most occupants have been in place for 10+ years, providing immediate and reliable cash flow. Significant recent capital improvements include new Phase 3, 480V electrical service, a newly installed parking lot, updated shop/overhead doors, and a new mansard roof, minimizing near-term maintenance expenses and enhancing overall property value. Strategically positioned within a TIF (Tax Increment Financing) district, offering potential financial incentives for future improvements or redevelopment. Investors will also benefit from lower Will County taxes, further strengthening returns. This is a rare opportunity to acquire a turnkey, income-producing asset with strong fundamentals, durable tenants, and value-add potential in a growing corridor.
Listed By
Agency Name: Listing Leaders Northwest
Agency Phone: 219-291-2227
Shown By
Agency Title: Charles Rutenberg Realty
Agency Phone: 630-929-1100
968-980 Main Street | MLS# 12598918
This commercial property located at 968-980 Main Street, Crete, IL 60417 is currently listed for sale with an asking price of $1,200,000. Search Crete real estate on www.mycrr.com today.