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1702 S Dixie Hwy 2,800 SF 100% Leased Flex Building Crete, IL 60417 $1,200,000 ($428.57/SF)
INVESTMENT HIGHLIGHTS
- Paved driveway and parking lot
- Combines historic charm with modern updates
- The building is fully heated, equipped with 3-phase electric, and features a new roof, gutters, and downspouts.
EXECUTIVE SUMMARY
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!
income, and growth potential. Take advantage of this rare find and make it your own today!
PROPERTY FACTS
| Price | $1,200,000 | Lot Size | 1.82 AC |
| Price Per SF | $428.57 | Rentable Building Area | 2,800 SF |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Flex | Year Built | 1849 |
| Building Class | C |
| Price | $1,200,000 |
| Price Per SF | $428.57 |
| Sale Type | Investment |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 1.82 AC |
| Rentable Building Area | 2,800 SF |
| No. Stories | 2 |
| Year Built | 1849 |
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PROPERTY TAXES
| Parcel Number | 23-15-16-300-009 | Improvements Assessment | $68,373 |
| Land Assessment | $11,773 | Total Assessment | $80,146 |
PROPERTY TAXES
Parcel Number
23-15-16-300-009
Land Assessment
$11,773
Improvements Assessment
$68,373
Total Assessment
$80,146
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1702 S Dixie Hwy
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