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1800 North Bloomington Street Streator, IL 61364

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For Sale
$5,800,000

197,359 SF retail center in Streator, Illinois for sale.

Type:Retail
Property size:
197,359 SF
Added:
Nov 21, 2025
Days on Market:
136
Last Refresh:
Apr 2 at 12:40 am

Property Features for 1800 North Bloomington Street

General Information

Standard status
Active
Size
197,359 SF
Property subtype
Retail

Building Details

Year Built
1981

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Listing Contact
Reid Bennett, CCIM

Listing agent Reid Bennett, CCIM

Listing office

Listing date Nov 21, 2025

Source Svnchicago

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 Reid Bennett, CCIM


Overview

Streator Retail Center Investment Opportunity

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.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Shopping centers

Suggested Use

Real Estate Agency Restaurant Auto Repair Shop Big Box & Wholesale Store Bar & Pub Food Market Grocery & Convenience Store Grocery & Convenience Store Nursing Home Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

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Location Insight

  • Map
  • Local Demand
City
Streator
County
LaSalle
State
Illinois
Longitude
-88.835
Latitude
41.0977

FAQs

What type of property is this?
Shopping center - 197,359 SF retail center in Streator, Illinois for sale.
Where is this shopping center located?
The property is located at 1800 North Bloomington Street Streator, IL.
What is the asking price?
The asking price for this property is $5,800,000.
What are key features of this property?
This property features: High Occupancy Rate: Over 80% occupancy shows strong income potential.; Strategic Location: Qualified Census Tract for NMTC and Opportunity Zone benefits offer tax advantages.; Recent Upgrades: New roofs, resurfaced parking lots, water main installations, and modern LED lighting.
More about this property
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