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$1,200,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for 968-980 Main St
General
- Price: $1,200,000
- Taxes: $9,454 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12598918
- Updated: 3/24/2026
- Added to Site: 2 day(s) ago
Location
- Area: Crete
- County: Will
- Township: Crete
- Driving Directions: From Sauk Trail Rd, go south on Route 1 to property located on west side.
- Location Details: South Suburban
Heating & Cooling
- Cooling Type: None
- Heating Type: Ceiling Units
Utilities
- Trash: 768
Structural Information
- Construction: Brick, Block
- Exterior Const.: Brick, Block
- Stories/Levels: 1
- Square Feet: 12,000
- Current Bldg. Use: Commercial, Other, Automotive
- Year Built: 1950
- Built Before 1978: Yes
Unit Information
- # Tenants: 7
Lot Features
- Lot Size (Sq. Ft.): 87,120
- Lot Dimensions: 1000 x 150
Financial Considerations
- Insurance Fee: $1,593
- Other Fee: $484
- Assessment Year: 1950
- Tax Amount: $9,454.2
- Tax Year: 2024
- Tenant Pays: Electricity, Heat, Scavenger
- Pays Trash: 768
Disclosures and Reports
- Property ID: 2315054160020000
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Price & Sales History for 968-980 Main St
Date
Details
Price
Change
Source
3/24/2026
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.
Estimate the Cost
Estimate the Cost for 968-980 Main St
968-980 Main Street, Crete, IL 60417 (MLS# 12598918) is a Commercial property. 968-980 Main Street is currently listed for $1,200,000 and was received on March 24, 2026. Want to learn more about 968-980 Main Street? 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.

