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$1,050,000 -$150,000 (-12.5%) Price Reduced
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Property 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!
Full Property Details
Full Property Details for 1702 S Dixie Hwy
General
- Price: $1,050,000
- Taxes: $8,407 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12496358
- Updated: 7/6/2026
- Added to Site: 261 day(s) ago
Location
- Area: Crete
- County: Will
- Township: Crete
- Driving Directions: route 1 over to the property
- Location Details: South Suburban
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Gas
Structural Information
- Stories/Levels: 2
- # of Stores: 2
- Year Built: 1849
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 87,120
- Lot Dimensions: 159 x 494 x 157 x 493
- Zoning: COMMR
Financial Considerations
- Assessment Year: 1849
- Tax Amount: $8,407.72
- Tax Year: 2024
Disclosures and Reports
- Property ID: 2315163000090000
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Schools
Schools serving 1702 S Dixie Hwy
School District:Crete-Monee Community Unit School District 201-U
| Name | Grades | Distance |
|---|---|---|
Balmoral Elementary School 1124 West New Monee Road, Crete, IL 60417 | K-5 | 0.9 mi |
Crete-Monee Middle School 635 Olmstead Lane, University Park, IL 60484 | 7-8 | 2.6 mi |
Crete-Monee High School 1515 West Exchange Street, Crete, IL 60417 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1702 S Dixie Hwy
Date
Details
Price
Change
Source
7/06/2026
Price Reduced
$1,050,000
-12.5%
MLS
10/18/2025
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1702 S Dixie Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,171
-11%
$80,146
—
2023
$9,218
-2%
$80,146
—
2022
$9,382
-8%
$80,146
—
2020
$10,145
-3%
$80,146
—
2019
$10,502
-1%
$80,146
—
2018
$10,599
-3%
$80,146
—
2017
$10,979
—
$80,146
—
2016
$10,988
—
$80,146
—
2015
$10,953
-1%
$80,146
—
2014
$11,041
7%
$80,146
—
2013
$10,286
11%
$80,146
—
2012
$9,226
—
$80,146
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1702 S Dixie Hwy
1702 S Dixie Highway, Crete, IL 60417 (MLS# 12496358) is a Commercial property. 1702 S Dixie Highway is currently listed for $1,050,000 and was received on October 18, 2025. Want to learn more about 1702 S Dixie Highway? Do you have questions about finding other Commercial real estate for sale in Crete? You can browse all Crete real estate or contact a Coldwell Banker agent to request more information.

