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 |
| Commercial Sub-Type | Business |
| Status | Active |
| Taxes | $9,454 |
Community Information
| Address | 968-980 Main Street |
|---|---|
| Area | Crete |
| City | Crete |
| County | Will |
| State | IL |
| Zip Code | 60417 |
Amenities
| Is Waterfront | No |
|---|---|
| New Construction | 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
| Office | Listing Leaders Northwest |
|---|