Office Building in Crete, Illinois

Office for Sale
Catylist Listing ID: 30186982
Property Subtypes: Office Building
Building Size (RSF): 1,500 SF
Gross Building Area: See Agent
Sale Price: $100,000
Unit Price: $66.67 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Other
Up For Auction: Yes
Auction Type: Disclosed Reserve
Cap Rate: Undisclosed
Last Updated: 3/12/2018

Overview / Comments

Minimum Bid: $100,000

Buyer's Premium: 6%

Cooperating Broker Commission: 2%

Lot Size: Approx. 19,654 SF

Building Size: Approx. 1,500 SF

2016 Taxes: $6,294

PIN #: 23-15-09-308-017-0000

Zoning: B-1

Affordable, commercial property in heart of downtown Crete. With traffic count of 9,300, its drawn customers from Chicago metro & N.W. Indiana since 1970. Perfect for retail or professional office—past uses have included real estate agency, car dealership, tax practice & more. First floor has reception, 2 executive offices, a bathroom and a tech/break room with kitchen appliances & cabinets. Second floor has 1 private office, a bathroom and ample space for storage & filing. The property has plenty of parking, including paved parking lots with 10 spaces and a heated, 2.5 car garage adjacent to the building that also offers excellent storage. The property's large lot invites business expansion.


Frontage: 161.38+/- feet of frontage along the west side of Main Street.

Depth: 142.3+/- feet along the north boundary and 110+/­ feet along the south boundary.

Area: 20,700+/- square feet, or .47 +/- acre

Paving: Two-lane in front of the subject property, extending to four-lane two blocks to the south.

Utilities: Sanitary sewer, water, gas, electric and telephone service are available and connected to the property.

Zoning: B-1 within the Village of Crete.

Flood Plain: The subject property is located in a Zone X, areas determined to be outside the 500-year flood plain, according to Flood Insurance Rate Map #170700-0359-F, dated November 6, 2000.

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Will

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,009 41,823 114,212
Median Age: 43.26 38.49 36.19
Households: 1,197 16,612 41,203


Photograph of Listing Agent

Diana Peterson

SVN AuctionWorks
ICEx Member
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