1702 S Dixie Highway, Crete, IL 60417
Will County
Key Facts
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!
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1849
Stories
2
Lot Size
87,120 sq ft
Lot Dimensions
159x494x157x493
Zoning
COMMR
Days on Market
262
MLS® Listing#
12496358
Property Features
Cooling
Financial Details
Annual Taxes
$8,408
Tax year 2024
Parcel Number
2315163000090000
Directions
route 1 over to the property
Affordability Calculator
$210,000
Estimated monthly payment
$5,589/mo
Principal $840,000 · Est. interest $1,171,875 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Crete, IL
- $332,000
- Median Listing Price
- 58
- Median Days on Market
- 2,261
- Median Sq Ft
- $151
- Median Price / Sq Ft
- 47
- Active Listings
- This home’s price is 216% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Crete, IL.
Location
Points of Interest in Crete, IL
Showing the Crete area map.
Nearby Schools
Illinois Lutheran High School
Secondary · 0.2 mi away
Illinois Lutheran Elementary School
Elementary · 0.7 mi away
Crete Pre-School Co-Operative
School · 0.9 mi away
Balmoral Elementary School
Elementary · 0.9 mi away
Crete Elementary School
Elementary · 0.9 mi away
Crete Monee SD 201
School · 0.9 mi away
Crete-Monee High School
Secondary · 1.1 mi away
Parkview Elementary School
Elementary · 2.0 mi away
Columbia Central School
Secondary · 2.1 mi away
Steger School District 194
School · 2.1 mi away
Deer Creek Christian Church
School · 2.2 mi away
Coretta Scott King Magnet School
Elementary · 2.4 mi away
St Liborius CH Reg Educ O
School · 2.5 mi away
Steger Intermediate Center
Elementary · 2.5 mi away
Eastview Elementary School
Elementary · 2.5 mi away
Foundations 4 Advancement
School · 2.6 mi away
Saukview Elementary School
Elementary · 3.1 mi away
Steger Primary Center
Elementary · 3.1 mi away
South Suburban Sda Christian School
School · 3.7 mi away
Blackhawk Elementary School
Elementary · 3.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1361 Benton Street, Crete, IL | $849,900 | — | — | — |
| 1361 Benton Street, Crete, IL | $849,900 | — | — | 4,209 |
| 26270-26273 S Royal Crest Drive, Crete, IL | $899,900 | — | — | — |
| 1750 E Exchange Street, Crete, IL | $950,000 | 7 | 4 | 7,000 |
| 27057 S Woodlawn Avenue, Crete, IL | $959,900 | 3 | — | 2,260 |
| 27057 S Woodlawn Avenue, Crete, IL | $959,900 | 3 | 3 | 2,261 |
Moving Cost Estimate
EXIT Agents in Crete
Listing Courtesy: Listing Leaders Northwest - 2192912227
Last Updated: 2025-10-18