The Wikipedia article
Cross ratio states
If $\,A,B,C,\,$ and $\,D\,$ are four points on an oriented affine line,
their cross ratio is:
$$ (A,B;C,D) = \frac{AC:BC}{AD:BD}, $$
with the notation $\,WX:YZ\,$ defined to mean the signed ratio of the
dispacement from $W$ to $X$ to the dispacement from $Y$ to $Z$.
Later, it states
The first set of fixed points is $\{0, 1, \infty\}.$ However, the
cross-ratio can never take on these values if the points $A, B, C,$
and $D$ are all distinct. These values are limit values as one pair
of coordinates approach each other
The specific reason that the cross ratio can not be equal to $1$ is that
$$ \frac{AC:BC}{AD:BD} = \frac{AC\cdot BD}{BC\cdot AD} =
(AC/AD)(BD/BC) = 1 $$
implies $\, AC\,BD = BC\, AD.\,$ Introduce coordinates to get
$$(C-A)(D-B) = (B-C)(A-D).$$
Use the "Special Algebraic Identity"
($\texttt{id4_3_1_2a}\,$ from my
collection of such identities)
$$(a-b)(c-d) - (a-c)(b-d) + (a-d)(b-c) = 0$$
to show that $\,(A-B)(C-D) = 0.\,$ This implies that either
$\,A-B=0\,$ or else $\,C-D=0.\,$
The first is not possible if $A$ and $B$ are distinct and
the second is not possible if $C$ and $D$ are distinct.