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Medical Office Building with Loading Dock
For Sale
Under Contract
$330,000

501 Oakley Avenue, Streator, IL 61364

Commercial Sale, Streator, IL

Property Size6,300 SF
Lot Size1.93 Acres
Price / SF$52.38
Days on Market187

Property Features for 501 Oakley Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions Rt 23 to Oakley Ave west to property
Subdivision Kangley / Streator
Standard status Active Under Contract
APN 3323277000
Lot size 1.93 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 12128

Utilities

Utilities Natural Gas Available
Cooling system Central Air

Amenities

loading dock

Building Details

Year built 2004
Floors in Building 1
Number of units 2
Flooring type Vinyl, Carpet
Building materials Brick, Concrete, Steel Siding, Aluminum Siding
Listing Agency: RE/MAX Top Properties · RE/MAX International
Listed By: David Welter · License #475183240
Added: Feb 24 Changed: Aug 20 Last Checked: Aug 30 at 5:06PM
MLS# 12576287

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.

This medical office property in Streator features a professional interior with multiple private offices, workstations, a large reception and waiting area, conference room, employee lounge with kitchenette, restrooms, and substantial storage. The building includes separate HVAC systems, central air, vinyl and carpet flooring, and a specialized electrical connection associated with a prior MRI installation. Brick and steel exterior construction was completed in 2004, and the property is currently vacant.

The 1.93-acre site has 169 feet of frontage on Oakley Avenue, on-site parking, a loading dock, and a vacant rear lot. COMMR zoning and natural gas availability are documented. The existing layout was previously arranged for medical and physical therapy operations, while the building is also available for lease in addition to the sale offering.

Key Highlights

  • Medical office interior with private offices, workstations, reception, waiting, conference room, kitchenette, restrooms, and storage
  • 1.93‑acre site with 169 feet of frontage on Oakley Avenue
  • Two separate HVAC units and a specialized electrical hookup for a previous MRI unit

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency HVAC Service Electrical Service Plumbing Service Locksmith Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Office units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

234
Businesses Nearby
Balanced
Demand for This Use

Demographics for 61364, IL

18,449
Population
9,251
Households
2
Avg Household Size
43
Median Age
13%
College-Educated
90%
High-School Grad
157.3 sq mi
ZIP Area
117
Density / Sq Mi
$57,147
Median Household Income
$37,866
Median Earnings
$810
Median Rent
$97,300
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Questions? Ask Rey
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Similar Off Market Nearby

  • Countryside Animal Clinic 701 Oakley Ave, Streator, IL 61364

Frequently Asked Questions

What type of property is this?
Medical Office Space - Existing clinical-style improvements include private offices, workstations, a conference room, kitchenette, storage, and separate HVAC systems.
Where is this medical office space located?
The property is located at 501 Oakley Avenue Streator, IL.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Medical office interior with private offices, workstations, reception, waiting, conference room, kitchenette, restrooms, and storage; 1.93‑acre site with 169 feet of frontage on Oakley Avenue; Two separate HVAC units and a specialized electrical hookup for a previous MRI unit
More about this property
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