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Two-Unit Duplex with Separate Utilities
New
For Sale
$295,900

562-564 3rd Street, Crete, IL 60417

MULTI_FAMILY - Contemporary, Colonial, Prairie - Crete, IL

Property SizeContact for details
Lot Size0.21 Acres
Days on Market2

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 Bathroom 2, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 1
Parking 4
Parking features Off Street, Driveway
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
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 Contemporary, Colonial, Prairie
Listing Agency: Real People Realty
Listed By: Catherine Mitchell
Added: Aug 13 Changed: Aug 14 Last Checked: Aug 14 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.

The property contains two distinct residential units, each arranged with two bedrooms and one bathroom. Separate utility service supports independent occupancy, while off-street parking and a driveway serve the building. Vinyl siding and brick form the exterior, with electric heating and an asphalt roof. The structure was built in 1969.

Set on a 0.21-acre lot at 562-564 3rd Street in Crete, the duplex has public water and public sewer. The surrounding area is near schools, parks, shopping, and commuter routes. The two-unit configuration supports rental use, owner occupancy, or extended-family living.

Key Highlights

  • Two residential units, each with 2 bedrooms and 1 bathroom
  • Separate utilities for the two living spaces
  • 0.21‑acre lot at 562‑564 3rd Street, Crete, IL 60417

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Big Box & Wholesale Store Auto Repair Shop Building Supply

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
Yes
Utilities to site

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

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 - Separate living spaces include off-street parking and public water and sewer service.
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 residential units, each with 2 bedrooms and 1 bathroom; Separate utilities for the two living spaces; 0.21‑acre lot at 562‑564 3rd Street, Crete, IL 60417
More about this property
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