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Mixed-Use Commercial Building
For Sale
$305,000

125 S Park Street, Streator, IL 61364

Heavy-commercial-zoned property with open areas, a furnished apartment, recreational improvements, and adaptable commercial space.

Property Size14,480 SF
Days on Market40

Property Features for 125 S Park Street

General Information

Standard status Active
Size 14,480 SF
Property subtype Commercial
Zoning COMMR

Taxes and HOA fees

Annual Taxes $2,544

Building Details

Building Size 14,480 SF
Year Built 1916
Stories 2
Units 2
Listing Agency: RE/MAX Rising
Listed By: Julie Moore · License #475157626
Source: Jjillrealtygroup
Added: Jul 22 Changed: Aug 29 Last Checked: Aug 25 at 9:20AM

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 RE/MAX Rising

Investment Insights

Based on property information with market context.

Located at 125 S Park Street in Streator, this 14,480-square-foot mixed-use commercial building combines broad open areas with multiple recreational and operational improvements. The property includes a newly constructed, fully furnished 1-bedroom, 1-bathroom apartment completed in 2023, along with a gym, tiki bar, golfing area, lower-level laundry room, and walk-in shower. Several sections are configured for separate rental use.

Building upgrades include air conditioning, heating, windows, the front entry door, electrical work, and gas lines completed in 2022. Hanging heaters were added in the rear that year, while a DuraLast roof was installed in 2021. Approximately 20 inches of insulation supports the building envelope, and the electrical service includes six power boxes with up to 480V capability at several outlets.

The sale includes the parking lot directly north of the building with 13 parking spaces. Four garage doors with commercial openers provide alley access for moving vehicles, equipment, or dry-storage items. The property is zoned COMMR and was built in 1916.

Key Highlights

  • 14,480‑square‑foot mixed‑use commercial building at 125 S Park Street, Streator, IL 61364
  • Newly built in 2023: fully furnished 1‑bedroom, 1‑bathroom apartment
  • COMMR zoning with open areas and multiple sections configured for rental use

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon HVAC Service 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.

Location Intelligence

Trade Area within ½ mile

616
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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Heavy-commercial-zoned property with open areas, a furnished apartment, recreational improvements, and adaptable commercial space.
Where is this mixed-use property located?
The property is located at 125 S Park Street Streator, IL.
What is the asking price?
The asking price for this property is $305,000.
What are key features of this property?
This property features: 14,480‑square‑foot mixed‑use commercial building at 125 S Park Street, Streator, IL 61364; Newly built in 2023: fully furnished 1‑bedroom, 1‑bathroom apartment; COMMR zoning with open areas and multiple sections configured for rental use
More about this property
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