Crete Multi-Tenant Retail Restaurant
For Sale
$1,750,000
1338 Main St, Crete, IL 60417
Two-story, 18,651 SF multi-tenant building with bar, restaurant, and retail.
Property Size18,651 SF
Price / SF$93.83
Days on Market205
Property Features for 1338 Main St
General Information
Standard status
Active
Size
18,651 SF
Property subtype
Retail
Building Details
Building Size
18,651 SF
Year Built
1911
Listing Agency:
(630) 330-3352
Listed By:
Karen Kulczycki, CCIM, SIOR · License #IL #471020279
(630) 330-3352
Source:
Svn
Added: Jan 27
Changed: Aug 12
Last Checked: Aug 19 at 5:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Karen Kulczycki, CCIM, SIOR
Investment Insights
Based on property information with market context.
This two-story, multi-tenant building, with an area of approximately 18,651 square feet, is located at 1338 Main Street in Crete, Illinois. The building features an elevator and a patio. The renovated historical W M Seggebruch building includes a bar occupying the first floor, with a private entry to the second-floor restaurant and Polaris Martial Arts. The property also features a lower-level office and storage area. The building was renovated in 2021, including a new roof and redesign of the second floor (flooring and paint). New water heaters were installed for tenants in 2023. A full liquor license is available for a new bar operator, along with a new entertainment area. Incentives are available within TIF District #2. The property includes surface parking for 20 vehicles, with additional public parking available across the street. It features floor drains, a walk-in cooler, heavy power (800 Amp/3P/240 V), and frontage on Main Street. The property is located in Will County, approximately 35 miles south of Chicago and near the Indiana state line. The property is suitable for bar, restaurant, and retail businesses.
Key Highlights
- ±18,651 SF Two‑Story, Multi‑Tenant Retail and Restaurant Building with Patio in Crete, Illinois.
- Renovated historical W M Seggebruch building with existing bar, restaurant, and martial arts tenants.
- Full liquor license available for new bar operator with new entertainment area.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
329
Businesses Nearby
11k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 69%
Shops & Services 31%
Aurelio's Pizza
Dining
3,828 visits/mo
0.1 miles
Pizza Hut
Dining
3,560 visits/mo
0.2 miles
BMO Harris Bank
Shops & Services
2,662 visits/mo
0.1 miles
Crete Service Center
Shops & Services
626 visits/mo
0.1 miles
Demographics for 60417, IL
15,342
Population
6,356
Households
2.4
Avg Household Size
48
Median Age
31%
College-Educated
94%
High-School Grad
37.1 sq mi
ZIP Area
414
Density / Sq Mi
$93,346
Median Household Income
$46,211
Median Earnings
$1,362
Median Rent
$225,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Roxann Sports Bar — 1407 Main St, Crete, IL 60417
- Smokey Jo's — 475 W Burville Rd, Crete, IL 60417
- Jemma's Slots — 1395 Main St, Crete, IL 60417
- Vintage Oak — 1392 Main St, Crete, IL 60417
- Old Town Tap — 475 W Burville Rd, Crete, IL 60417
Frequently Asked Questions
What type of property is this?
Bar & Pub - Two-story, 18,651 SF multi-tenant building with bar, restaurant, and retail.
Where is this bar & pub located?
The property is located at 1338 Main St Crete, IL.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: ±18,651 SF Two‑Story, Multi‑Tenant Retail and Restaurant Building with Patio in Crete, Illinois.; Renovated historical W M Seggebruch building with existing bar, restaurant, and martial arts tenants.; Full liquor license available for new bar operator with new entertainment area.
