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31615685
31615686

968-980 Main Street, Crete, IL 60417 For Sale

NO
IL 475.178844
Listing Leaders NW
Listed by Listing Leaders NW
$1,200,000
100 days on market
Updated 23 days ago

Crete Retail Building

Details
APN 2315054160020000
Property Type Business for Sale, Retail (+1)
Sub Type Business Only, Auto Shop (+3)
Square Footage 12,000
Units 8
Price per SqFt $100
Year Built 1950
Lot Size (SqFt) 87,120

Business for Sale | 12,000 SqFt

Marketing 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.
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Listing Contacts

NO
IL 475.178844
Listing Leaders NW
Listed by Listing Leaders NW

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Additional Information

Name
Nick Oosting
License
475.178844
Brokerage
Listing Leaders Northwest
Title
Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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