Crete, IL Co-Ops for Sale

In Crete, there are currently 2 co-ops for sale, offering a distinctive housing option for potential buyers. Co-ops, also known as cooperative housing, involves collective ownership and shared responsibility among tenants or members for an entire property or building. When purchasing into a co-op, buyers acquire shares in the nonprofit corporation that owns the building, rather than a specific piece of property. With various types of co-ops available, including single-family homes, duplexes, townhouses, manufactured homes, and groups of tiny homes, this collaborative ownership structure fosters a sense of community and shared responsibility among residents. Explore properties and co-ops for sale in Crete, IL.