125 S Park Street
Streator, IL, 61364 $ 305,000
Bedrooms-- Baths-- Sq 14,480 Monthly Estimate*
$ 1,878
for $305,000. This 14,480 square foot building was built in 1916 on a lot size of 0.36.
One-of-a-kind commercial property offering 14,480 sq ft of unmatched versatility, income potential, and incredible recreational amenities! Zoned Heavy Commercial, this unique building includes a newly built 1 bedroom, 1 bathroom fully furnished apartment (2023) and endless space to bring your business, hobby, or investment vision to life. The parking lot located directly north of the building is included in the sale and offers 13 parking spaces for customers, tenants, or events. The building still features creative touches and expansive open areas that were once used to hoist vehicles to the second level. The wide-open layout could easily be adapted again for car storage, shop space, events, specialty operations, or a wide variety of commercial uses. Subject to city approval, possibilities may include an antique mall, gaming parlor, sports training center, restaurant, short-term rental concept, or rentable storage spaces. The current owner has transformed the property into a true recreational dream building featuring a gym, tiki bar, golfing area, and multiple rentable sections already offering income potential. Major updates include new air conditioning, heating, windows, front door, electrical, and gas lines in 2022, a lower-level laundry room and walk-in shower, hanging heaters added in the back in 2022, approximately 20 inches of insulation, and a DuraLast roof installed in 2021. The upgraded electrical service includes six power boxes with up to 480V capability on several outlets. The property also features four new garage doors with commercial openers accessible through the alley, making it easy to move vehicles, equipment, or dry storage items in and out. This well-maintained property offers incredible flexibility in a great location with beautiful views and high visablitly. Endless possibilities await!
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FeaturesGeneralCooling Partial
Possession Closing
Roof Membrane
Zoning COMMR
Construction Materials Brick Concrete Wood
Year Built 1916
Electric Power - 480V
Stories Count 2
Property Subtype Business
Tax Year 2025
Current Use Other Automotive
Gross Income 0
Additional Parcels Description 3336101037
County LaSalle
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Possible Use Commercial Office Retail Special Use Other
Status New
Directions Property is right across from the Streator Library and south of Midland Bank on South Park St.
City Streator
Number Of Units Total 2
MLS Area Kangley / Streator
Lot Size Square Feet 15620
Tax Annual Amount 2544.74
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N Y
Virtual Tour https://youtu.be/WneTPB5MmC0?si=j0vfVlybdjjpIJwU
Standard Status Active
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InteriorFlooring Concrete
Total Fireplaces 0
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ExteriorBuilding Area Total 14480
Lot Dimensions 110 x 142
Lot Size Acres 0.36
Frontage Type City Street
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* Excluded FeaturesList Byjulie@visionhomesgroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,878
- Monthly Property Taxes
- $212
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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 $205,167
Percent of Sale Price 33%
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 |
|---|
| 6/4/2026 | $305,000 | | Listed Price |