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Property profile & analytics

547 Exchange St Crete, IL 60417

  • Commercial real estate
  • 1,103 SF
  • 0.15 lot acres
Value Estimation
Last Sale
Feb 03, 2025
$149,900
Location Intelligence
Property ID
US28-1865566
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 547 Exchange St

Year built
1952
Lot size
0.15 lot acres
Property size
1,103 SF
Property type
Commercial real estate
APN
23-15-08-422-005
APU
231508422005

Description

This exceptional 1,931 square foot office building, located at 547 W Exchange Street in the heart of Downtown Crete, Illinois, presents a remarkable commercial opportunity. Previously occupied by State Farm, this property boasts four well-appointed office rooms and spaces, perfect for a variety of business configurations. A convenient kitchen area caters to staff needs, while a full basement offers substantial storage solutions. Accessibility is a key feature, with three separate exits and a ramp providing easy access for all. The building's prime downtown location ensures high visibility and a welcoming atmosphere for clients and employees. The flexible layout allows for adaptation to diverse business requirements. The property sits on a 0-acre lot. Prospective buyers are advised to independently confirm zoning regulations with the City of Crete to ensure compatibility with their intended use. This is an exceptional chance to establish or relocate your business in a thriving downtown setting. The asking price is $149,900. Don't miss this chance to secure this desirable commercial property.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Crete
County
Will
State
Illinois
Longitude
-87.6341
Latitude
41.4446
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,565
$6,326
$24,670
$30,996
-
$18,978
$74,010
$92,988
More about this property
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