Financial
Distress signals
Property profile

1274 Main St Crete, IL 60417

OFF-MARKET
Other commercial real estate
Property ID
US28-2885278
4,689 SF 0.5 ac lot
Individually Owned Owner of record is an individual. 26-yr Hold Held for 26 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

The property at 1274 Main Street in Crete is a brick-and-masonry day care facility constructed in 1988, comprising a 4,685-square-foot building plus a partial walkout basement with approximately 500 square feet of storage. The interior layout includes two large classroom areas, a commercial kitchen, office space, and four washrooms. The site features a parking lot, a fenced playground, and a gated deck area. The building has limited interior build-out, which supports adaptation for other

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?
$17k
Tax billed · 2023
Assessed value$148k
Assessed land$13k
Assessed improvement$136k
Effective rate11.50%

Value estimate

· Sep 2026
$640k
$576k – $704k
Submarket $/SF estimate$543k

Realmo valuation models over county records and 11 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 comparables11

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 agency19.3
Restaurant16.0
Building Supply14.9

Location

1274 Main St Crete, IL 60417-2145
County assessor Recorded deeds · 1 transfer 11 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
1018 Main, Crete, IL 60417-1911 $185,000 Aug 2024 3,979 SF
1361 Benton, Crete, IL 60417-2850 $740,000 Jul 2024 3,844 SF
968 Steger, Crete, IL 60417-1338 $600,000 May 2024 4,794 SF
690 Exchange, Crete, IL 60417-2088 $750,000 Oct 2023 5,837 SF
1626 Wood, Crete, IL 60417-3144 $150,000 Oct 2022 5,971 SF
25346 Dixie, Crete, IL 60417-3905 $125,000 May 2022 5,418 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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