Listing provided courtesy of Listing Leaders NorthwestMREDas Distributed by MLSGrid- MLS# 12598918
Images
Request Info968-980 Main StreetCrete, IL 60417
Commercial · 12,000 Sq. ft.$1,200,000
Active
968-980 Main Street Overview
- Time on Site:
- 97 days
- Visits:
- 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.
Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map
968-980 Main Street Facts & Features
- Type Commercial
- Sq. ft. 12,000
- Price/Sq.ft. $100
Details
General
Income/Expenses
- Other Expense: 484
- Electric Expense: 0
- Existing Lease Type: Gross
- Fuel Expense: 0
- Gross Income: 0
- Gross Scheduled Income: 0
- Insurance Expense: 1593
- Trash Expense: 768
- Water Sewer Expense: 600
Building Information
- Year Built: 1950
Business Information
- Current Use: Commercial,Other,Automotive
Location/Region
- County Or Parish: Will
- MLS Area Major: Crete
- Township: Crete
Rent/Lease Information
- Tenant Pays: Electricity, Heat, Scavenger
Tax Information
- Tax Annual Amount: $9,454.20
- Tax Year: 2024
General Information
- Parcel Number: 2315054160020000
- Property Sub Type: Business
- Property Type: Commercial Sale
Interior
Building Interior
- Building Area Total: 12000
General Information
- Cooling: None
- Electric: Separate Meters, Service - 101 to 200 Amps
- Stories: 1
Exterior
Lot Information
- Additional Parcels: No
- Lot Size Dimensions: 1000 X 150
- Lot Size Square Feet: 87120
Building Exterior/Construction
- Construction Materials: Brick, Block
General Information
- Number Of Units Total: 8
968-980 Main Street Neighborhood
Community
60417 (Crete) Demographics
49
Median Age
390
Population Density (per sq. mile)
39%
College Educated
$74,239
Estimated Median Income
5,164
Estimated Total Home Owners
721
Estimated Total Renters
88% / 12%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.968-980 Main Street Monthly Cost
968-980 Main Street Market Data
Based on the last 30 days in this zip code
$385,171
Average List Price
$149
Average Price per Square Foot
10
Properties Sold
83
Average Days on Market
92
Properties for Sale
968-980 Main Street History
| Date | Value | Agent |
|---|---|---|
| 3/29/2026Source: MRED | Active |
|
| 3/24/2026Source: MRED | March 24, 2026 |