Triplex with Composite
For Sale
$197,500
302 S Vermillion St, Streator, IL 61364
Three-unit income property with updated utility lines, replacement windows, and gas forced-air heating.
Property SizeContact for details
Days on Market112
Property Features for 302 S Vermillion St
General Information
Standard status
Active
Property subtype
Multi-Family
Additional Details
Multifamily Units
3
Building Details
Year Built
1885
Listing Agency:
Blackhawk Brokerage LLC
(815) 223-1088
Listed By:
Ellen Credi · License #471019165
Source:
Illianahomesource
Added: May 11
Changed: Aug 30
Last Checked: Aug 30 at 6:06PM
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 Blackhawk Brokerage LLC
Investment Insights
Based on property information with market context.
Built in 1885, this three-unit multifamily property includes separate 100-amp electrical services, gas forced-air furnaces, replacement windows, and updated water and gas lines. Each apartment also has its own water heater, while select interiors feature hardwood flooring. Composite decks and porches add exterior living space to the building.
The upper apartment contains 3 bedrooms. The lower north-side unit includes a covered porch, and the property is currently occupied. Current income and expense figures indicate a cap rate above 10. The property is located at 302 S Vermillion St in Streator, Illinois.
The upper apartment contains 3 bedrooms. The lower north-side unit includes a covered porch, and the property is currently occupied. Current income and expense figures indicate a cap rate above 10. The property is located at 302 S Vermillion St in Streator, Illinois.
Key Highlights
- Three‑unit multifamily property built in 1885
- Cap rate above 10 based on current income and expenses
- Separate 100‑amp electrical services for the units
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
709
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?
Triplex - Three-unit income property with updated utility lines, replacement windows, and gas forced-air heating.
Where is this triplex located?
The property is located at 302 S Vermillion St Streator, IL.
What is the asking price?
The asking price for this property is $197,500.
What are key features of this property?
This property features: Three‑unit multifamily property built in 1885; Cap rate above 10 based on current income and expenses; Separate 100‑amp electrical services for the units
