Financial
Distress signals
Property profile

547 Exchange St Crete, IL 60417

OFF-MARKET
Commercial real estate
Property ID
US28-1865566
1,103 SF 0.15 ac lot Built 1952
Last sale Feb 2025 · $149,900
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

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

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$31k
Assessed land$6k
Assessed improvement$25k
Effective rate11.50%

Value estimate

· Sep 2026
$140k
$126k – $154k
AI approach$140k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$79/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$41 – $125
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWILL

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.4
Dental Office11.4
Law Firm11.2

Location

547 Exchange St Crete, IL 60417-2137
County assessor Recorded deeds · 6 transfers 6 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
565 2nd, Crete, IL 60417-2126 $300,000 Feb 2026 2,156 SF
1008 Main, Crete, IL 60417-1911 $165,000 May 2024 1,540 SF
1014 Main, Crete, IL 60417-1911 $180,200 Jul 2023 2,875 SF
1375 Main, Crete, IL 60417-2927 $150,000 Apr 2023 2,850 SF
1359 Main, Crete, IL 60417-3044 $875,000 Jan 2023 2,457 SF
564 3rd, Crete, IL 60417-2129 $140,000 May 2022 2,208 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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