Property profile

305 Hickory St Streator, IL 61364

OFF-MARKET
Commercial real estate
Property ID
US28-3809130
6,342 SF Built 1898
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 305 E Hickory St, Streator, IL 61364, presents a unique investment opportunity. Built in 1898, this three-story building offers 6,364 square feet of net rentable space, ideally suited for a restaurant or similar venture. Its prime location, directly across from City Park and a block from the downtown area, ensures high visibility and accessibility. The lower level features an open floor plan perfect for a bar or restaurant, complete with a bar area, kitchen (hood and sink included), three storage areas, and a walk-in cooler (sold as-is). The upper level includes a large banquet room, additional storage, and a second kitchen. A convenient elevator connects the two kitchens, facilitating efficient food service. Outdoor amenities include an 8-foot covered outdoor grill, ideal for expanding dining options or hosting events. The property's APN is 33-25-336003. This historic building offers significant potential for a variety of uses and represents a rare opportunity in a desirable location. The asking price is $90,000.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1898
Total area 6,342 SF
APN 33-25-336-003
UPID US28-3809130

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

305 Hickory St Streator, IL 61364-2249
Streator metro Census 963900 OTTAWA, IL MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$75k

Owner & transaction history

since 2025
Last sale
$80,000
2 recorded transactions
2025
$80,000
2018
$27,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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