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    207 Armory Ct Streator East, IL 61364

    For Sale
    $290,000

    Business Opportunity - Streator, IL

    Days on Market:
    19
    Last Refresh:
    Dec 13 at 3:06 pm

    Property Features for 207 Armory Ct

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RTAIL

    Utilities

    Cooling system
    Central Air

    Building Details

    Architectural style
    Other

    Honig Realty, Inc. (dba. Coldwell Banker Honig-Bell) (815) 553-2406 [email protected]

    Listing agent Joel Harris (815) 553-2406 License #475211257

    Listing date Nov 25, 2025

    MLS# 12426724 Listing URL

    Copyright © 2025 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.

    Overview

    Streator, IL Restaurant Business Opportunity

    This is a business-only sale of a casual, family-friendly Italian restaurant that has been serving pizza, beef rolls, and other comfort foods for 35 years. The dining room seats over 40 people and is suitable for large families or groups. There is a dedicated gaming area and a 4-person bar. The business is turnkey, and the current owners will assist with turnover, gaming, and liquor license transfer. Future consulting services are negotiable. The landlord is amenable, with one year remaining on the current lease and flexible future lease terms. The business sale price includes all equipment, such as ovens, an ansul system, a 3-compartment sink, cooktops, fridges, freezers, inventory, cookware, bakeware, a POS system, TVs, and delivery equipment, as well as the menu. Soda and gaming machines are not included but can easily be transferred to the new owner. The location is centrally located on an east/west corridor, which assists with providing prompt delivery to all areas of town. Much of the business is through carryout service from 4 pm to 6 pm daily. The property is located in Streator, Illinois.
    Location Intelligence

    Current Use by Public Records

    Anna's Pizza Pizza Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Chix Restaurant

    Location Insight

    • Map
    • Local Demand
    City
    Streator East
    County
    LaSalle
    State
    Illinois
    Longitude
    -88.840793
    Latitude
    41.119577

    Nearby Similar for Sale

    • $335,000
      6,231 SF

      501 Oakley Ave, Streator, IL 61364

      Mixed-use properties • 6,231 SF
      501 Oakley Ave, Streator, IL 61364
      View Details
    • $500,000
      72,623 SF

      1206 Elm St, Streator, IL 61364

      Mixed-use properties • 72,623 SF
      1206 Elm St, Streator, IL 61364
      View Details

    FAQs

    What type of property is this?
    Restaurant - Turnkey Italian restaurant for sale in Streator, Illinois.
    Where is this restaurant located?
    The property is located at 207 Armory Ct Streator East, IL.
    What is the asking price?
    The asking price for this property is $290,000.
    What are key features of this property?
    This property features: - Turnkey business opportunity with all equipment included (ovens, refrigerators, POS system, etc.) and existing inventory.; - Established business with a 35-year operating history and loyal customer base.; - Centrally located for efficient delivery service across town.
    (815) 553-2406
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    207 Armory Ct Streator East, IL 61364
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