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$295,900 Just Listed
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Property Description
Rare opportunity to own an Income-Producing Two-Unit property in Crete, IL.- This versatile property offers two seperate living spaces, making it ideal for an investor seeking rental income or an owner-occupant looking to produce rental income while building equity. With multiple possibilities for rental, owner-occupancy, or extended-family living, this property offers flexibility and long term investment potential. This well-maintained duplex features two spacious, 2-bedroom, 1-bath units, separate utilities, off-street parking, and excellent income potential. Conveniently located near schools, parks, shopping and commuter routes. Contact me today for pricing, rental income information and a private showing.
Full Property Details
Full Property Details for 562-564 3rd St
General
- Price: $295,900
- Taxes: $4,321 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12730363
- Updated: 8/13/2026
- Added to Site: 1 day(s) ago
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Equipment: Ceiling Fan(s)
- Other Features: School Bus Service, Interstate Access
Parking
- Total Spaces: 4
- Parking Features: Off-Street, Driveway, Yes
Location
- Area: Crete
- County: Will
- Township: Crete
- Driving Directions: Route 1/Main St. to Exchange West, north on Lumber to 3rd street.
School Information
- School District: 201U
- Elem School District: 201U
- Midd School District: 201U
- High School District: 201U
Heating & Cooling
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Contemporary, Colonial, Prairie
- Architectural Style: Contemporary, Colonial, Prairie
- Construction: Vinyl Siding, Brick
- Exterior Const.: Vinyl Siding, Brick
- Basement Desc.: None
- Roof: Asphalt
- Year Built: 1969
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.21
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 9148 square footage
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1969
- Tax Amount: $4,321
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 2315084070050000
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Price & Sales History for 562-564 3rd St
Date
Details
Price
Change
Source
8/13/2026
Listed
$295,900
31.51%
MLS
5/10/2022
Sold
$225,000
—
Public Record
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 562-564 3rd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,200
-11%
$41,190
—
2023
$4,738
-2%
$41,190
—
2022
$4,822
-8%
$41,190
—
2020
$5,214
-3%
$41,190
—
2019
$5,398
-1%
$41,190
—
2018
$5,447
-3%
$41,190
—
2017
$5,643
—
$41,190
—
2016
$5,647
—
$41,190
—
2015
$5,629
-19%
$41,190
-18%
2014
$6,915
7%
$50,194
—
2013
$6,442
11%
$50,194
—
2012
$5,778
—
$50,194
—
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 562-564 3rd St
562-564 3rd Street, Crete, IL 60417 (MLS# 12730363) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 562-564 3rd Street is currently listed for $295,900 and was received on August 13, 2026. Want to learn more about 562-564 3rd Street? Do you have questions about finding other Multi-Family real estate for sale in Crete? You can browse all Crete real estate or contact a Coldwell Banker agent to request more information.

