968-980 Main Street, Crete, IL 60417
Will County
Key Facts
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.
Property Information
Property Type
Commercial Sale
Sub-Type
Business
Year Built
1950
Stories
1
Living Area
12,000 sq ft
Lot Size
87,120 sq ft
Lot Dimensions
1000 X 150
Days on Market
120
MLS® Listing#
12598918
Property Features
Cooling
Construction
Financial Details
Annual Taxes
$9,454
Tax year 2024
Parcel Number
2315054160020000
Directions
From Sauk Trail Rd, go south on Route 1 to property located on west side.
Affordability Calculator
$220,000
Estimated monthly payment
$5,855/mo
Principal $880,000 · Est. interest $1,227,678 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Crete, IL
- $345,833
- Median Listing Price
- 54
- Median Days on Market
- 2,442
- Median Sq Ft
- $152
- Median Price / Sq Ft
- 47
- Active Listings
- This home’s price is 218% above the area median.
- Its price per sq ft is 40% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Crete, IL.
Location
Points of Interest in Crete, IL
Showing the Crete area map.
Nearby Schools
Parkview Elementary School
Elementary · 0.4 mi away
Columbia Central School
Secondary · 0.5 mi away
Steger School District 194
School · 0.5 mi away
Crete Elementary School
Elementary · 0.8 mi away
St Liborius CH Reg Educ O
School · 0.8 mi away
Crete Pre-School Co-Operative
School · 0.8 mi away
Foundations 4 Advancement
School · 0.9 mi away
Steger Intermediate Center
Elementary · 0.9 mi away
Eastview Elementary School
Elementary · 0.9 mi away
Illinois Lutheran Elementary School
Elementary · 1.0 mi away
Crete Monee SD 201
School · 1.1 mi away
Crete-Monee High School
Secondary · 1.3 mi away
Saukview Elementary School
Elementary · 1.4 mi away
Steger Primary Center
Elementary · 1.4 mi away
Illinois Lutheran High School
Secondary · 1.5 mi away
Deer Creek Christian Church
School · 2.1 mi away
U.S. Grant Elementary School
Elementary · 2.2 mi away
South Suburban Sda Christian School
School · 2.4 mi away
Balmoral Elementary School
Elementary · 2.5 mi away
Garfield Elementary School
Elementary · 2.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1361 Benton Street, Crete, IL | $849,900 | — | — | 4,209 |
| 1361 Benton Street, Crete, IL | $849,900 | — | — | — |
| 2939 E Water Tower Drive, Crete, IL | $875,000 | 4 | 4 | 5,734 |
| 26270-26273 S Royal Crest Drive, Crete, IL | $899,900 | — | — | — |
| 1750 E Exchange Street, Crete, IL | $950,000 | 7 | 4 | 7,000 |
| 27057 S Woodlawn Avenue, Crete, IL | $959,900 | 3 | — | 2,260 |
Moving Cost Estimate
EXIT Agents in Crete
Listing Courtesy: Listing Leaders Northwest - 2192912227
Last Updated: 2026-03-24