4 beds
562-564 3rd St, Crete, IL 60417
Est: $1,864/moGet pre-approved

Description

Rare opportunity to own an Income-Producing Two-Unit property in Crete, IL.- This versatile property offers two seperate living spaces, making it ideal for an investor seeking rental income or an owner-occupant looking to produce rental income while building equity. With multiple possibilities for rental, owner-occupancy, or extended-family living, this property offers flexibility and long term investment potential. This well-maintained duplex features two spacious, 2-bedroom, 1-bath units, separate...Rare opportunity to own an Income-Producing Two-Unit property in Crete, IL.- This versatile property offers two seperate living spaces, making it ideal for an investor seeking rental income or an owner-occupant looking to produce rental income while building equity. With multiple possibilities for rental, owner-occupancy, or extended-family living, this property offers flexibility and long term investment potential. This well-maintained duplex features two spacious, 2-bedroom, 1-bath units, separate utilities, off-street parking, and excellent income potential. Conveniently located near schools, parks, shopping and commuter routes. Contact me today for pricing, rental income information and a private showing.
LISTING UPDATED: 08/25/2026 09:52 PM

  1. Listed by Catherine Mitchell • Real People Realty
    P: (708) 205-5325 C: (708) 205-5325 Catherine_mitchell1@comcast.net

Property Details for 562-564 3rd Street

MLS #
12730363
Days on Market
14
Taxes
$4,321 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Two to Four Units / 2 Story Unit/S
Year Built
1969
Lot Size
0.21 AC / 9,147 SF
Area
Crete
Township
Crete
Ownership
Fee Simple
Num Of Parking Spaces
4.0
Parking Included in Price
Yes
Heat/Fuel
Electric
Architectural Style
Contemporary, Colonial, Prairie

Location

Listing Courtesy of Real People Realty
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Building Information for 562-564 3rd Street

Stories-Residences2Year Built1969Building Size-Lot Size0.21 AC / 9,147 SF

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$1,864 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,504

Property Taxes

$360

HOA Dues

$0

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Property Information for 562-564 3rd Street

General Information
School Information
  • Elementary School District: 201U
  • High School District: 201U
  • Middle Or Junior School District: 201U
Addtl Parking Information
  • Parking Details: Off Street, Driveway, Yes
Property Information
Interior Features
  • Num Of Rooms: 10
  • Bedrooms Total: 4
  • Bedrooms (Below Grade): 0
  • Basement Type: None
  • Bedrooms Possible: 4
  • Basement Bathrooms: No
  • # Full Baths in Building: 2
  • # Half Baths in Building: 0
  • Num of Baths: 2.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
  • Other Equipment: Ceiling Fan(s)
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 51-60 Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 9148 square footage
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding, Brick
  • Construction: Vinyl Siding, Brick
  • Roof Type: Asphalt
  • General Information: School Bus Service,Interstate Access
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 16
  • OpenHouse Count: 1
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: n/a
Unit 2
  • Unit Type Actual Rent: $1,425.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: n/a

Property History for 562-564 3rd Street

DateEvent & SourcePriceAppreciation
Aug 25, 2026

Contingent

MRED #12730363

Aug 13, 2026

Listed (Active)

MRED #12730363

$295,900
May 12, 2022

Sold

MRED #11358184

$225,000
DateEvent & SourcePrice
08/25/2026

Contingent

MRED #12730363

08/13/2026

Listed (Active)

MRED #12730363

$295,900
05/12/2022

Sold

MRED #11358184

$225,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 562-564 3rd Street

This home is within Crete Monee Community Unit School District 201u.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Crete Elementary School
PublicK to 5

Crete-Monee Middle School
Public6 to 8

Crete-Monee High School
Public9 to 12

Coretta Scott King Magnet School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real People Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 08/25/2026 09:52 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.