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1702 S Dixie Highway Crete, IL 60417 • Commercial - Business • New

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  • 1702 S Dixie Highway , Crete, IL 60417 Main Photo

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Description

Incredible opportunity with endless potential! This commercial property sits on 2 acres and features multiple buildings, income-producing leases, and plenty of room to expand. The front building, originally built in 1849, combines historic charm with modern updates. The first floor is a 1,400 sq. ft. leased bar/sandwich shop, fully renovated top to bottom with new electric, plumbing, and epoxy floors. The upstairs apartment offers additional income with 2 bedrooms, a spacious kitchen, and updated finishes. The main building offers 5,300 total sq. ft. with 18 ft. ceilings, three 12'x14' insulated overhead doors with electric openers, and insulated cement block walls. Interior highlights include a 16'x50' office/storage area and a fully finished 800 sq. ft. loft with built-in shelving. The building is fully heated, equipped with 3-phase electric, and features a new roof, gutters, and downspouts. The front pad is poured with a strong cement mix designed to handle heavy trucks and equipment. Additional perks include a 1,200 sq. ft. metal pole building, paved driveway and parking lot, and city water, sewer, natural gas, and electric. Whether you're looking to invest, expand, or operate your own business, this property offers exceptional flexibility, income, and growth potential. Take advantage of this rare find and make it your own today!

Property Highlights

Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1849
Lot Size: 2.00 acres

General Information

County: Will
Listed By:
Listing Leaders Northwest 219-291-2227
MRED MLS
$1,050,000
Est. $8,519/mo
New to the Market New
MLS#12799235
STATUSNew PROPERTY TYPECommercial - Business

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Ruhl&Ruhl Realtors
563.441.1776

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1702 S Dixie Highway , Crete, IL 60417.

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Loan Type FHA 30 Year Fixed15 Year FixedVA 30 year fixed
Purchase Price $1,050,000$1,050,000$1,050,000
Down Payment $36,750$262,500$0
Monthly Mortgage Amount $6,773$6,752$7,226
Taxes $1461$1461$1461
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $630$0$0
Monthly Estimated Total $9,170$8,519$8,993

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