Restaurant and Bar | 2-Story Retail in Downtown Crete

1338 Main St Crete, IL 60417

1338 Main St, Crete, IL, 60417
1338 Main St, Crete, IL, 60417 1338 Main St, Crete, IL, 60417 1338 Main St, Crete, IL, 60417 1338 Main St, Crete, IL, 60417 1338 Main St, Crete, IL, 60417 1338 Main St, Crete, IL, 60417 1338 Main St, Crete, IL, 60417 1338 Main St, Crete, IL, 60417 1338 Main St, Crete, IL, 60417 1338 Main St, Crete, IL, 60417 1338 Main St, Crete, IL, 60417 1338 Main St, Crete, IL, 60417 1338 Main St, Crete, IL, 60417 1338 Main St, Crete, IL, 60417 1338 Main St, Crete, IL, 60417 1338 Main St, Crete, IL, 60417 1338 Main St, Crete, IL, 60417 1338 Main St, Crete, IL, 60417 1338 Main St, Crete, IL, 60417 1338 Main St, Crete, IL, 60417 1338 Main St, Crete, IL, 60417 1338 Main St, Crete, IL, 60417 1338 Main St, Crete, IL, 60417
FOR SALE FOR LEASE
Property Type:
Restaurant
Amount:
Please Call Broker for Price

Last Verified:
Mar 11, 2025

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Highlights


Description

SVN Chicago Commercial is pleased to present a ±18,651 SF Two-Story, Elevatored, Multi-Tenant Retail and Restaurant Building with Patio located at 1338 Main Street in Crete, Illinois. This historical W M Seggebruch building has been renovated former Evil Horse Bar occupies the first floor, with private entry to second floor Restaurant and Polaris Martial Arts which occupies the second floor. Additional Lower Level office and storage. New roof and Second Floor redesign (flooring and paint) in 2021 and new water heaters for tenants in 2023. Full liquor license for new bar operator available with new entertainment area. Incentives within TIF District #2.

SVN Chicago Commercial is pleased to present a ±18,651 SF Two-Story, Elevatored, Multi-Tenant Retail and Restaurant Building with Patio located at 1338 Main Street in Crete, Illinois. This historical W M Seggebruch building has been renovated former Evil Horse Bar occupies the first floor, with private entry to former Loft Restaurant and Polaris Martial Arts which occupies the second floor. Additional Lower Level office and storage. New roof and Second Floor redesign (flooring and paint) in 2021 and new water heaters for tenants in 2023. Full liquor license for bar operator available with new entertainment area. Incentives within TIF District #2.

Crete is a Village in Will County, Illinois approximately 35 miles south of Chicago and near the Indiana state line.


Year Built: 1911
Building Size: 18651sq ft
Lot Size: 0.2 acres


Documents

SVN - Sale Brochure 2025
SVN - Lease Brochure 2025

Units for Lease

1338
Space Available: 9916 SF
Lease Type: NNN

Price Per Sqft/Year: $12.00
1336-B
Space Available: 3665 SF
Lease Type: Modified Gross

Price Per Sqft/Year: $19.00

Map of 1338 Main St, Crete, IL, 60417

Presented by:
SVN | Chicago Commercial

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Karen Kulczycki


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
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