1702 S Dixie Highway
Crete, IL, 60417 $ 1,200,000
Bedrooms-- Baths-- Monthly Estimate*
$ 7,486
for $1,200,000. This building was built in 1849 on a lot size of 2.
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!
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FeaturesGeneralCooling Central Air
Zoning COMMR
Year Built 1849
Electric Circuit Breakers
Stories Count 2
Township Crete
Property Subtype Mixed Use
Tax Year 2024
Gross Income 0
County Will
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Status Active
Directions route 1 over to the property
City Crete
Number Of Units Total 2
MLS Area Crete
Lot Size Square Feet 87120
Tax Annual Amount 8407.72
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
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ExteriorLot Dimensions 159x494x157x493
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* Excluded FeaturesList ByListing Leaders NorthwestBroker
nickgoosting1@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,486
- Monthly Property Taxes
- $701
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Crete, IL
Average List Price $887,500
Percent of Sale Price 26%
About Crete, IL 8,087 Population
9% Since 2002
$ 68,804 Median Income
45.09 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/18/2025 | $1,200,000 | | Listed Price |