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Two-Unit Duplex with Parking
For Sale
Under Contract
$295,900

562-564 3rd Street, Crete, IL 60417

Residential Income, Crete, IL

Property SizeContact for details
Lot Size0.21 Acres
Days on Market45

Property Features for 562-564 3rd Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 1
Parking 4
Parking features Driveway, Off Street
Elementary school district 201U
Middle school district 201U
High school district 201U
Directions Route 1/Main St. to Exchange West, north on Lumber to 3rd street.
Subdivision Crete
Standard status Active Under Contract
APN 2315084070050000
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 4321

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Water source Public

Building Details

Year built 1969
Building materials Vinyl Siding, Brick
Roof type Asphalt
Architectural style Colonial, Contemporary, Prairie
Listing Agency: Real People Realty
Listed By: Catherine Mitchell
Added: Aug 13 Changed: Sep 12 Last Checked: Sep 26 at 12:06PM
MLS# 12730363

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 1969 duplex at 562-564 3rd Street in Crete, Illinois, contains two separate residential units, each with 2 bedrooms and 1 bathroom. The property sits on 0.21 acres and includes off-street parking through a driveway. Vinyl siding and brick form the exterior, while electric heating, an asphalt roof, public water, and public sewer serve the building.

Separate utilities support independent operation of the two living spaces. The property is situated near schools, parks, shopping, and commuter routes, adding convenient access to everyday destinations. Its two-unit configuration provides distinct residential spaces within a single multifamily property.

Key Highlights

  • Two‑unit duplex with 2 bedrooms and 1 bathroom per unit
  • 0.21‑acre property at 562‑564 3rd Street in Crete, IL 60417
  • Separate utilities for the two residential units

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Pharmacy Electrical Service Auto Parts Store Dental Office Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

345
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained duplex with separate utilities and off-street parking in Crete.
Where is this duplex located?
The property is located at 562-564 3rd Street Crete, IL.
What is the asking price?
The asking price for this property is $295,900.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 bathroom per unit; 0.21‑acre property at 562‑564 3rd Street in Crete, IL 60417; Separate utilities for the two residential units
More about this property
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