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    Property profile & analytics
    FOR LEASE
    Commercial land

    1338 Main St, Crete, IL 60417

    0.06 ac lot
    Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US28-3260350
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.06 ac (2,614 SF)
    APN 23-15-09-314-014
    UPID US28-3260350
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Evil Horse Brewing Company Production Facility Brewery & Distillery
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Pintsetters Brands LLC · 10 yrs held
    Pintsetters Brands LLC
    since 2015
    3 recorded transactions
    2020
    2015
    $480,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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