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About This Home

This 0-bedroom, 0-bathroom commercial at 125 S Park Street in Streator, IL is listed for $305,000. Built in 1916, on a 0.36 acres lot.

Agent Description

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!

Key Features

  • Built in 1916
  • 0.36 acre lot
  • 2 stories

Property Details

2 stories
1916

Monthly Cost Estimate

$1,631/mo

20% down · 6.5% · 30 years

Principal$221
Interest$1,322
Insurance$89

Estimates only. Actual payments may vary.

Location

125 S Park Street

Streator, IL 61364

Property Details

Flooring

Concrete

Construction

Brick Concrete Wood

Cooling

Other (Cooling)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 125 S Park Street is listed at $305,000. The estimated monthly payment is $1,322 based on 20% down at 6.5% interest.

Key features include: Built in 1916, 0.36 acre lot, 2 stories.

This property is listed by Julie Moore and can be reached at (309) 275-9333 or julie@visionhomesgroup.com.

JM

Julie Moore

Agent at RE/MAX Rising

(309) 275-9333

Listed by RE/MAX Rising

MLS# 12656521· Source: listhub· Updated 1 days ago

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125 S Park Street, Streator, IL 61364

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