Side-by-Side Duplex with
901 N Wasson Street, Streator, IL 61364
For Sale
New
$189,900
Both residences offer two bedrooms, one bathroom, and updated kitchens with granite countertops and appliances.
Property Size1,900 SF
Days on Market4
Property Features for 901 N Wasson Street
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
in-unit laundry
full basement
Building Details
Building Size
Year Built
Listing Agency:
Kettley & Co. Realtors, Inc. - Aurora
Listed By:
Luis Carrillo · License IL #475138185
(630) 205-5807
Source:
Kalelrealty
Added: Nov 11
Changed: Nov 12
Last Checked: Nov 13 at 7:02PM
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 Kettley & Co. Realtors, Inc. - Aurora
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Investment Insights
Based on property information with market context.
Built in 1867, this side-by-side duplex contains two residences, each with two bedrooms and one bathroom. Recent work includes refreshed kitchens with granite countertops and appliances, updated bathrooms, new flooring, interior paint, and light fixtures. Vinyl windows and in-unit laundry are also included in both units.
A full basement provides additional storage, and the property has ample parking. The two-unit configuration allows for rental use or owner occupancy in one residence while renting the other.
A full basement provides additional storage, and the property has ample parking. The two-unit configuration allows for rental use or owner occupancy in one residence while renting the other.
Key Highlights
- Two side‑by‑side units, each with 2 bedrooms and 1 bathroom
- Updated kitchens with granite countertops and appliances
- In‑unit laundry in both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,365
Cap Rate
9.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,300
$347.3K
Cap Rate 7%
$248,071
$248.1K
Cap Rate 9%
$192,944
$192.9K
Market Conditions
NOI Build-Up for 1,900 SF
Gross rent
$33.1K $17.40/SF
− Vacancy
−$1.5K −$0.78/SF
EGI
$31.6K $16.62/SF
− OpEx
−$14.2K −$7.48/SF
NOI
$17.4K $9.14/SF
Area
LaSalle, IL
La Salle County, LA
Vacancy
4.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,300
Cap Rate 7%
$248,071
Cap Rate 9%
$192,944
Alternative Uses
Best Use
Multifamily LT 5
$277.2K
$242.6K – $323.5K
NOI $19,407 @ 7.0% cap · market cap 10.22%
Second Best
Apartment 5plus
$248.1K
$217.1K – $289.4K
NOI $17,365 @ 7.0% cap · market cap 9.14%
Theoretical Best
Office A
$475.5K
$416.1K – $554.8K
NOI $33,288 @ 7.0% cap · market cap 17.53%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
451
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer two bedrooms, one bathroom, and updated kitchens with granite countertops and appliances.
Where is this duplex located?
The property is located at 901 N Wasson Street Streator, IL.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Two side‑by‑side units, each with 2 bedrooms and 1 bathroom; Updated kitchens with granite countertops and appliances; In‑unit laundry in both residences
