407 E Main Street
Streator, IL, 61364 $ 155,000
Bedrooms-- Baths-- Sq 7,500 Monthly Estimate*
$ 1,071
for $155,000. This 7,500 square foot building was built in 1876 on a lot size of 0.086.
Position your business or investment in the heart of downtown Streator with this distinctive commercial property offering approximately 7,500 square feet of space across multiple levels, plus a full basement. Located directly on Main Street, this property benefits from a prominent downtown setting surrounded by local businesses, community events, and seasonal festivities that bring visitors and activity to the area. Main Street serves as a key route for community parades and celebrations, offering opportunities for visibility and exposure. With Streator's ongoing community events and efforts to support local shopping, this location provides an excellent opportunity to establish or expand a business in the heart of the community. The main level features a spacious showroom, office areas, storage space, and a bathroom, along with extensive built-in cabinetry and shelving that can accommodate a variety of business needs. An approximately 1,000 square foot intermediate balcony level showcases the building's original tin ceiling, adding character and architectural appeal, while increasing the property's functionality. The upper level offers a large common room, multiple additional rooms suitable for offices, meeting areas, creative spaces, residential, or other uses, a bathroom, and a full-length hallway connecting the rooms. A full basement provides additional storage potential. Significant exterior improvements include a completely new brick facade completed in 2021, while the roof is less than five years old. For decades, this property was home to a long-standing, successful business, demonstrating its established presence within the Streator business community. Whether you're an owner-user seeking a substantial downtown location for your own operation or an investor looking for a property with character, space, and multiple potential uses, this is an opportunity to establish your presence on Main Street and become part of downtown Streator's continued growth. Bring your vision and explore the possibilities!
See more
FeaturesGeneralCooling Central Air
Utilities Electric to Site Natural Gas Available Sewer Connected Water Available Cable Available Fiber
Roof Rubber
Zoning COMMR
Construction Materials Brick
Year Built 1876
Electric Circuit Breakers
Stories Count 2
Township Bruce
Property Subtype Retail
Tax Year 2025
Current Use Commercial
Assoc Fee Paid Per Not Applicable
County LaSalle
Net Operating Income 0
Property Type Commercial Sale Retail/Stores
Status New
Directions Located on Main St in Streator.
City Streator
MLS Area Kangley / Streator
Lot Size Square Feet 3750
Tax Annual Amount 2088.84
Additional Parcels Y/N N
Leasable Area 0
Standard Status Active
See more
ExteriorBuilding Area Total 7500
Lot Dimensions 25 x 150
Lot Size Acres 0.086
Frontage Type City Street State Road
See more
* Excluded FeaturesList ByChismarick Realty, LlcBroker
patrick@chismarickrealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,071
- Monthly Property Taxes
- $174
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Streator, IL
Average List Price $238,817
Percent of Sale Price 54%
About Streator, IL 12,771 Population
-10% Since 2002
$ 44,252 Median Income
39.55 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/28/2026 | $155,000 | | Listed Price |