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Flex Space with Apartment
New
For Sale
$305,000

125 S Park Street, Streator, IL 61364

Open commercial interiors combine with a furnished residence and recreational amenities.

Property Size14,480 SF
Price / SF$21.06
Days on Market6

Property Features for 125 S Park Street

General Information

Standard status Active
Size 14,480 SF
Total Parking Spaces 13
Property subtype Commercial
Zoning COMMR

Warehouse & Industrial

Drive-In Doors 4
Voltage 480 V

Taxes and HOA fees

Annual Taxes $2,544

Amenities

gym
tiki bar
golfing area

Building Details

Building Size 14,480 SF
Year Built 1916
Year Renovated 2022
Buildings 1
Stories 2
Units 2
Listing Agency: RE/MAX Rising
Listed By: Julie Moore · License #475157626
Source: Fishmangroup
Added: Oct 20 Changed: Oct 25 Last Checked: Oct 23 at 1:23PM

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

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Investment Insights

Based on property information with market context.

This 14,480-square-foot flex property includes broad open areas, a furnished one-bedroom, one-bathroom apartment completed in 2023, and multiple sections available for rental. Existing recreational features include a gym, tiki bar, and golfing area. The building dates to 1916 and retains a layout previously used to move vehicles between levels. Four garage doors with commercial openers provide alley access for vehicles and equipment.

A 13-space parking lot directly north of the building is part of the sale. Building improvements include a DuraLast roof installed in 2021 and 2022 replacements or upgrades to the air conditioning, heating, windows, front door, electrical service, and gas lines. Additional features include six power boxes, with up to 480V capability at several outlets, hanging heaters at the rear, approximately 20 inches of insulation, and a lower-level laundry room and walk-in shower.

Key Highlights

  • 14,480‑square‑foot flex property with a furnished one‑bedroom, one‑bathroom apartment completed in 2023
  • Four garage doors with commercial openers accessed through the alley
  • Included parking lot directly north of the building has 13 spaces

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Barber Shop Kitchen & Bath Showroom Electrical Service

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

4
Drive-in doors

Location Intelligence

Trade Area within ½ mile

616
Businesses Nearby
Under-served
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • Chix Restaurant — 104 S Everett St, Streator, IL 61364

Frequently Asked Questions

What type of property is this?
Flex space - Open commercial interiors combine with a furnished residence and recreational amenities.
Where is this flex space 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 flex property with a furnished one‑bedroom, one‑bathroom apartment completed in 2023; Four garage doors with commercial openers accessed through the alley; Included parking lot directly north of the building has 13 spaces
More about this property
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