968-980 Main Street, Crete, IL

$1,100,000

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About 968-980 Main Street

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.

Features of 968-980 Main Street

MLS® # 12598918
Price $1,100,000
Bathrooms 0.00
Year Built 1950
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 968-980 Main Street
Area Crete
City Crete
County Will
State IL
Zip Code 60417

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling None
Fireplace No
Has Basement No

Exterior

Exterior Brick, Block

Additional Information

Days on Market 169
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeListing Leaders Northwest

Listing Map

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