Contact us: 563.441.1776
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 Highlights
Property Type: Commercial - Business
Building Description: 1.0 stories
Year Built: 1950
Lot Size: 2.00 acres
General Information
County: Will
Listed By:
Listing Leaders Northwest
219-291-2227
MRED MLS
MLS ID: 12598918
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968-980 Main Street, Crete, IL 60417.
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| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 yr Jumbo |
| Purchase Price | $1,200,000 | $1,200,000 | $1,200,000 |
| Down Payment | $42,000 | $0 | $240,000 |
| Monthly Mortgage Amount | $7,159 | $7,448 | $5,833 |
| Taxes | $1670 | $1670 | $1670 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $720 | $0 | $0 |
| Monthly Estimated Total | $9,899 | $9,468 | $7,853 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/30/2026. The listing information on this page last changed on 03/30/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 03/30/2026 1:08:12 AM EST) or MRED MLS (last updated Mon 03/30/2026 1:00:46 AM EST) or SCWMLS (last updated Sun 03/29/2026 11:54:57 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Sun 03/29/2026 10:15:16 PM EST) or Cedar Rapids MLS (last updated Sun 03/29/2026 10:44:52 PM EST) or NEIRBR MLS (last updated Mon 03/30/2026 12:58:41 AM EST) or ICAAR MLS (last updated Sun 03/29/2026 11:37:30 PM EST) or ECIMLS (last updated Sun 03/29/2026 11:44:17 PM EST) or RMLSA (last updated Mon 03/30/2026 1:00:59 AM EST) or Muscatine MLS (last updated Mon 03/30/2026 1:00:21 AM EST) or No Coast MLS (last updated Mon 03/30/2026 12:44:19 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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