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Property profile & analytics
OFF-MARKET
Mixed-use properties

2414 Il-23 Streator, IL 61364

17,000 SF Built 1960
Property ID
Property summary
AI-generated overview

This exceptional 17,000-square-foot mixed-use commercial property in Streator, Illinois, presents a unique investment opportunity. Situated on a 1.6-acre lot, the building currently operates as a successful bowling center and restaurant. The expansive layout offers ample space for a variety of commercial uses, allowing for the continuation of the existing business or a complete transformation to suit a new venture. The property boasts modern amenities, including spacious dining areas designed to accommodate a large number of patrons, and multiple bowling lanes, providing a ready-made entertainment component. Its strategic location ensures high visibility and significant foot traffic, attracting both local residents and visitors alike. The property's size and versatility make it an ideal candidate for a wide range of commercial enterprises, offering substantial potential for growth and profitability. This is a rare chance to acquire a well-established commercial property in a thriving community, ready for immediate occupancy or redevelopment. The asking price is $525,000. The property is located at 2414 N Il-23, Streator, IL.

Property profile
Verified
Property type Mixed-use properties
Year built 1960
Total area 17,000 SF
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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