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968-980 Main Street, Crete, IL 60417

$1,200,000
  • 968-980 Main Street, Crete, IL 60417 Main Photo

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Active
SQUARE FEET12,000 MLS#12598918
STATUSActive PROPERTY TYPECommercial - Business

Property Description

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.

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.

Property Features

Property Type: Commercial - Business
Cooling: None
Lot Size: 2.00 Acres
Stories: 1.0
Taxes: $9,454
Year Built: 1950

Feature Descriptions

Current Use: Commercial, Other, Automotive
Electric: Separate Meters, Service - 101 to 200 Amps
Exterior: Brick, Block
Fire Protection: None
HVAC: Ceiling Units
Lot Dimensions: 1000 X 150
Number of Tenant(s): 7
Parcel#: 2315054160020000
Tenant Pays: Electricity, Heat, Scavenger
Units: 8

Listed By / Shown By

Listed By

Agency Name: Listing Leaders Northwest
Agency Phone: 219-291-2227

Shown By

Agency Title: Charles Rutenberg Realty
Agency Phone: 630-929-1100

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