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2 Michael Street, Streator, IL, 61364
Brick Multifamily Buildings with Storage

2 Michael Street Streator, IL 61364

For Sale
Under Contract
$1,125,000

MULTI_FAMILY - Streator, IL

Days on Market71

Property Features for 2 Michael Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
COMMR
Bedrooms
24
Bathrooms
16
Rooms
Bathroom 14, Bedroom 17, Bathroom 2, Bedroom 4, Bathroom 12, Bedroom 15, Bathroom 8, Bedroom 14, Bedroom 10, Bathroom 1, Bedroom 7, Bedroom 3, Bedroom 13, Bathroom 7, Bathroom 6, Bedroom 12, Bedroom 23, Bathroom 13, Bedroom 6, Bedroom 8, Bedroom 11, Bedroom 9, Bathroom 3, Bedroom 5, Bedroom 24, Bedroom 1, Bathroom 15, Bathroom 9, Bathroom 5, Bathroom 16, Bedroom 2, Bedroom 20, Bathroom 4, Bedroom 18, Bathroom 11, Bedroom 21, Bedroom 16, Bedroom 22, Bathroom 10, Bedroom 19
Basement
Crawl Space
Standard status
Active Under Contract
APN
3323214012

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
19451

Utilities

Cooling system
Central Air
Water source
Private

Building Details

Year built
1982
Floors in Building
2
Number of units
16
Building materials
Brick, Wood
Roof type
Composition
Listing Agency: BHHS Central Illinois, REALTORS
Listed By: Melissa Dittbenner · License #475175689
Added: May 14 Changed: Jul 13 Last Checked: Jul 23 at 8:06PM
MLS# 12647581

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

The property consists of two solid brick apartment buildings, each with 8 units for a total of 16 units. The unit mix includes 1- and 2-bedroom apartments, and each unit has access to a large private storage room. On-site laundry includes four coin-operated laundry rooms, with two washers and dryers per building, and the property provides ample off-street parking.

The buildings are located at 2 Michael Street in Streator, Illinois, within zoning described as COMMR.

As presented, the offering is turnkey from an operations standpoint, with ownership maintaining and updating the buildings over time to support ongoing rental use.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Kitchen & Bath Showroom Hair Salon Skin Care Clinic HVAC Service Pharmacy Plumbing Service Barber Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Two brick multifamily buildings offer 16 units total, including 1- and 2-bedroom apartments with private storage rooms.
Where is this apartment building located?
The property is located at 2 Michael Street Streator, IL.
What is the asking price?
The asking price for this property is $1,125,000.
More about this property
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