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Property profile & analytics
OFF-MARKET
Commercial real estate

208 Park St Streator, IL 61364-2216

8,219 SF
Individually Owned 4-yr Hold Free & Clear
Property ID
US28-3913926
Property summary
AI-generated overview

This stunning 8,219 square foot mixed-use commercial property, situated on 0.68 acres in the heart of downtown Streator, IL, presents a unique investment opportunity. The building boasts rich historical character, featuring a grand foyer with a curved staircase, built-in murals, original woodwork, glasswork, chandeliers, and working transoms and hardware. Three decorative fireplaces add to the elegant, timeless charm. The expansive Great Hall alone exceeds 1700 square feet and can be divided into two separate rooms with sliding dividers. The first floor also includes an East Parlor (370 sq ft), North Hall (250 sq ft), West Hall (190 sq ft), Drawing Room (200 sq ft), kitchen/breakroom (350 sq ft), laundry/workroom (170 sq ft), and three half-bathrooms (two handicap accessible). A back handicap ramp and two freight elevators enhance accessibility. A 25 x 25 garage is also included. The second floor offers a 700 sq ft showroom (currently a photography studio), sitting room (100 sq ft), parlor (used as a bedroom, 220 sq ft), grand room (used as living/dining room, 500 sq ft), full bath, full kitchen, and an office/study with a balcony (130 sq ft). A partially finished 1080 sq ft walk-up attic on the third floor and a full basement provide ample additional space. The property features zone heating and cooling, a DuraLast roof over the Grand Hall, and a large concrete parking lot extending from Park Street to the alley, plus a large open yard to the south. The building's prime downtown location offers excellent visibility and pedestrian traffic, directly across from a park. This property is currently occupied.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 8,219 SF
APN 33-25-329-015
UPID US28-3913926
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Scott Keyes · 4 yrs held
Scott Keyes
since 2021
Last sale
$70,000
5 recorded transactions
2021
$70,000
2020
$34,500
2020
Price N/A
2020
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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