Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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