1800 North Bloomington St Streator, IL 61364

This 197,359 square foot retail center, comprised of 21 units within 2 buildings, presents a prime investment opportunity. Constructed in 1981 and renovated in 2000, the property has undergone numerous recent upgrades, including new roofs (except for the area over spaces 23-28 and space 8), resurfaced parking lots, new water main installations, and modern LED lighting installed 5-7 years ago and recently updated last year. The parking lot was completely milled and resurfaced approximately 7 years ago. A new water main was installed along with new fire hydrants around the center 5 years ago, and sprinkler risers and systems were upgraded 5 years ago. Most occupied spaces have been completely gutted and remodeled with the new tenants. Occupancy has increased from 20% at the time of purchase in 2015 to over 80%. The property is situated in the northern section of Streator, along the west side of Bloomington Street (SR-23). The surrounding neighborhood features commercial and service uses along the thoroughfares, with residential improvements along interior collector streets. The neighborhood is a rural area with single-family homes, small apartment buildings, and apartment complexes. The location is approximately twelve miles east of Interstate 39 and fifteen miles south of Interstate 80. The property is located in a Qualified Census Tract for both NMTC and Opportunity Zone benefits, offering a strategic investment prospect.