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    Streator Retail Center Investment Opportunity Title is generated by Realmo AI

    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
    Price / SF:
    $29/SF
    Added:
    Nov 21, 2025
    Days on Market:
    182
    Last Refresh:
    Apr 6 at 12:41 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

    HighLights

    • 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.
    • Sizeable Retail Center: Large 197,359 SF retail/strip center with 21 units.
    • Well‑Maintained Buildings: Property consists of 2 well‑maintained buildings, originally constructed in 1981 and renovated in 2000.
    • Accessibility: Located approximately twelve miles east of Interstate 39 and fifteen miles south of Interstate 80.

    Overview

    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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