1338 Main St, Crete, IL 60417
For Lease
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This exceptional mixed-use property, located at 1338 Main Street in Crete, Illinois, offers a unique investment opportunity. The building, originally constructed in 1911 and extensively renovated in 2021, boasts a total of 16,651 square feet across two stories. The first floor encompasses approximately 9,257 square feet and features a state-of-the-art brewery equipped with top-of-the-line equipment, ready for immediate operation. This space also includes an outdoor patio. The second floor, renovated in 2021, includes additional space currently occupied by tenants. An additional approximately 9,916 square feet of lower-level office and storage space is also available. Recent improvements include a new roof (2021), second-floor redesign (flooring and paint, 2021), and new water heaters for tenants (2021 and 2023). The property sits on a 0.2-acre lot and includes an elevator. Its prime location in Crete, Will County, Illinois, approximately 35 miles south of Chicago and near the Indiana border, offers excellent accessibility and visibility. This is a rare chance to acquire a fully equipped brewery and restaurant space in a thriving community. The property's historical charm combined with modern updates makes it an ideal investment for a discerning buyer. The APN is 23-15-09-314-002.
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Evil Horse Brewing Company Production Facility Brewery & Distillery
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.