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    OFF-MARKET
    Commercial real estate

    305 Hickory St, Streator, IL 61364-2249

    6,342 SF Built 1898
    Individually Owned 1-yr Hold Free & Clear
    Property ID
    US28-3809130
    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
    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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    Blend (final) Blend
    by Request
    Owner & transaction history
    Cristina Gasper Cerritos · 1 yrs held
    Cristina Gasper Cerritos
    since 2025
    Last sale
    $80,000
    2 recorded transactions
    2025
    $80,000
    2018
    $27,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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