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



53 more





















































Presented By: Listing Leaders Northwest
Home Details
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.
Presented By: Listing Leaders Northwest
General for 968-980 Main Street
Additional Parcels Y/NNo
CityCrete
Construction MaterialsBrick, Block
CoolingNone
CountyWill
Current UseCommercial, Other, Automotive
DirectionsFrom Sauk Trail Rd, go south on Route 1 to property located on west side.
ElectricSeparate Meters, Service - 101 to 200 Amps
Electric Expense
Fuel Expense
Gross Income
Insurance Expense1593
Lease TypeGross
Lot Size Square Feet87120
MLS AreaCrete
Number Of Units Total8
Property SubtypeBusiness
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusActive
Stories Count1
Tax Annual Amount9454.2
Tax Year2024
Tenant PaysElectricity, Heat, Scavenger
TownshipCrete
Trash Expense768
Water Sewer Expense600
Year Built1950
Exterior for 968-980 Main Street
Building Area Total12000
Lot Dimensions1000 X 150
Additional Details
Price History

SQFT • 12,000