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Updated over 7 years ago on . Most recent reply

User Stats

66
Posts
18
Votes
Ray Jansma
  • USA
18
Votes |
66
Posts

Crete Illinois Rental Market

Ray Jansma
  • USA
Posted
Anyone familiar with Crete Illinois rental market and demand? Seeing if there's any interest in the area . I know the taxes are higher but looking to invest in the area. Vacancy rates, rental applicants, investor saturated, etc? Thanks!

Most Popular Reply

User Stats

41
Posts
15
Votes
Ed Matteson
  • Real Estate Broker
  • Chicago - New Lenox, IL
15
Votes |
41
Posts
Ed Matteson
  • Real Estate Broker
  • Chicago - New Lenox, IL
Replied

I have some property on the border of Crete. The town does not have inspections so that's a plus, it's in Will County (better than nearby Cook), and the stock is fairly diverse.  If I were a resident I would like the somewhat isolated location of the town but it seems far from many major employers, that is unless your tenant works at one of the many warehouses nearby. 

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