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    392 W Exchange St Crete, IL 60417

    Under Contract
    For Sale
    $299,000

    Residential Income - Crete, IL

    Lot size:
    0.23 Acres
    Days on Market:
    23
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 392 W Exchange St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    MULTI
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Workshop
    Bedrooms
    6
    APN
    2315093240140000
    Parking
    3
    Lot size
    0.23 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1870
    Roof type
    Asphalt
    Architectural style
    Other

    Keller Williams Preferred Realty (708) 798-1111 [email protected]

    Listing agent Cindy Trotier (708) 798-1111 License #475184818

    Listing date Nov 13, 2025

    MLS# 12426633 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Crete, IL Residential Income Property

    Located in Crete, Illinois, this two-unit residential income property offers a lively atmosphere with parades, festivals, parks, and a village rich in history, all near the iconic Route 66. The property features a spacious front porch suitable for relaxation. Ample parking is available along a newly sealed driveway. The home includes roomy bedrooms and a large three-car garage that can also serve as extra storage space. The 2-flat is move-in ready and situated on a 0.23-acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Crete
    County
    Will
    State
    Illinois
    Longitude
    -87.626917
    Latitude
    41.444944

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    FAQs

    What type of property is this?
    Duplex - Two-unit property near Route 66, move-in ready with three-car garage.
    Where is this duplex located?
    The property is located at 392 W Exchange St Crete, IL.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - Prime location in a lively area of Crete, close to Route 66, parades, festivals, parks, and historical village.; - Move-in ready, two-unit property.; - Huge three-car garage offering parking and/or extra storage.
    (708) 798-1111
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    Crete, IL 60417
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    392 W Exchange St Crete, IL 60417
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