Two-Building Brick Apartment
For Sale
Under Contract
$1,125,000
2 Michael Street, Streator, IL 61364
MULTI_FAMILY - Streator, IL
Property SizeContact for details
Days on Market86
Property Features for 2 Michael Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
COMMR
Bedrooms
24
Bathrooms
16
Full bathrooms
16
Rooms
Bedroom 16, Bathroom 11, Bedroom 12, Bedroom 21, Bedroom 8, Bedroom 17, Bathroom 15, Bedroom 11, Bathroom 5, Bedroom 13, Bathroom 6, Bathroom 9, Bathroom 14, Bedroom 18, Bedroom 3, Bedroom 14, Bedroom 7, Bedroom 19, Bathroom 13, Bathroom 8, Bedroom 24, Bedroom 9, Bedroom 2, Bedroom 22, Bathroom 10, Bedroom 10, Bathroom 1, Bathroom 7, Bedroom 6, Bathroom 12, Bedroom 23, Bathroom 16, Bedroom 5, Bedroom 1, Bathroom 2, Bedroom 20, Bedroom 4, Bedroom 15, Bathroom 3, Bathroom 4
Basement
Crawl Space
Directions
From Rt 23 (N Bloomington St.), W on Danny Dr., N on drive between bank & strip mall.
Subdivision
Kangley / Streator
Standard status
Active Under Contract
APN
3323214012
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
19451
Utilities
Cooling system
Central Air
Water source
Private
Amenities
coin-operated laundry rooms
off-street parking
private storage rooms
Building Details
Year built
1982
Floors in Building
2
Number of units
16
Building materials
Brick, Wood
Roof type
Composition
Listing Agency:
BHHS Central Illinois, REALTORS · Berkshire Hathaway HomeServices
(309) 663-7653
Listed By:
Melissa Dittbenner · License #475175689
(309) 663-7653
Added: May 14
Changed: Aug 3
Last Checked: Aug 7 at 12:06AM
MLS# 12647581
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multifamily package includes two brick buildings, each with 8 units, for a total of 16 residential apartments. Unit mix features spacious 1- and 2-bedroom layouts, and each unit includes a large private storage room. Laundry is handled on-site with four coin-operated laundry rooms, with two washers and dryers per building. The property also offers ample off-street parking.
The buildings are brick with wood construction elements, built in 1982. Cooling is provided via central air, and water service is listed as private. The roof is a composition roof. The property is zoned COMMR.
Ownership has maintained and updated the buildings over time, supporting ongoing tenant use and a long-term rental history.
The buildings are brick with wood construction elements, built in 1982. Cooling is provided via central air, and water service is listed as private. The roof is a composition roof. The property is zoned COMMR.
Ownership has maintained and updated the buildings over time, supporting ongoing tenant use and a long-term rental history.
Key Highlights
- Two brick buildings with 8 units each for 16 total units
- 1- and 2‑bedroom units with large private storage rooms
- Four coin‑operated laundry rooms, with two washers and dryers per building
Property Analytics
Property Profile
Current Use
Lease Details
16
Residential units
Location Intelligence
Trade Area within ½ mile
284
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two brick multifamily buildings totaling 16 units with spacious 1- and 2-bedroom layouts and coin-operated laundry.
Where is this apartment building located?
The property is located at 2 Michael Street Streator, IL.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: Two brick buildings with 8 units each for 16 total units; 1- and 2‑bedroom units with large private storage rooms; Four coin‑operated laundry rooms, with two washers and dryers per building
