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Commercial Land With Existing Buildings
For Sale
$129,000

120 S Monroe St, Streator, IL 61364

Two adjoining parcels with existing structures offer a substantial renovation or redevelopment project in an established commercial setting.

Property SizeContact for details
Days on Market13

Property Features for 120 S Monroe St

General Information

Standard status Active

Building Details

Year Built 1876
Listing Agency: Chismarick Realty, LLC
Listed By: Blayton Ruberstell · License #475210430
Source: Liveliferealty
Added: Aug 17 Changed: Aug 28 Last Checked: Aug 28 at 8:41PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Chismarick Realty, LLC

Investment Insights

Based on property information with market context.

This commercial land offering consists of two adjoining parcels with existing buildings that require substantial renovation. The property is offered in AS-IS condition, presenting a redevelopment or rehabilitation project for an investor, developer, contractor, or entrepreneur.

The parcels are located on S. Monroe Street in downtown Streator, within an established commercial corridor. Downtown businesses, restaurants, and community amenities are nearby, with convenient access to the surrounding central business area. The buildings date to 1876. Buyers should independently confirm zoning, permitted uses, property details, and building condition.

Key Highlights

  • Two adjoining commercial parcels on S. Monroe Street
  • Existing buildings require substantial renovation
  • Property offered strictly AS‑IS

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Barber Shop Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

718
Businesses Nearby

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Two adjoining parcels with existing structures offer a substantial renovation or redevelopment project in an established commercial setting.
Where is this commercial land located?
The property is located at 120 S Monroe St Streator, IL.
What is the asking price?
The asking price for this property is $129,000.
What are key features of this property?
This property features: Two adjoining commercial parcels on S. Monroe Street; Existing buildings require substantial renovation; Property offered strictly AS‑IS
More about this property
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