968-980 Main Street
Crete, IL, 60417
$1,200,000
Beds
0 Baths
0 SqFt
0 Acres
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MLS #MRD12598918 image #0
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.

Property Details

Price:
$1,200,000
MLS #:
MRD12598918
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Business
Neighborhood:
crete
Listed Date:
Mar 24, 2026
Total Sq Ft:
12,000
Year Built:
1950
CreteCrete

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Schools

Interior

Cooling
None

Exterior

Construction Materials
Brick, Block
Stories
1

Financial

Tax Year
2024
Taxes
$9,454

Map

Community

Market Summary

Current real estate data for Commercial in Crete as of Jun 22, 2026
4
Commercial Listed
189
Avg DOM
$956,225
Avg List Price

Property Summary

    968-980 Main Street Crete IL is a Commercial for sale in Crete, IL, 60417. It is listed for $1,200,000

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