125 S Park ST Streator, IL 61364

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 14,480 sqft

Price per Sqft $21

MLS Listing ID 12656521

Year Built 1916

Annual Tax Amount $2,544

Tax Year 2025

Lot Size 0.360 Acres

Lot Dimensions 110 x 142

Property Sub-Type Mixed Use

Property Description

One-of-a-kind commercial property offering 14,480 sq ft of unmatched versatility, income potential, and incredible recreational amenities! Zoned Heavy Commercial, this unique building includes a newly built 1 bedroom, 1 bathroom fully furnished apartment (2023) and endless space to bring your business, hobby, or investment vision to life. The parking lot located directly north of the building is included in the sale and offers 13 parking spaces for customers, tenants, or events. The building still features creative touches and expansive open areas that were once used to hoist vehicles to the second level. The wide-open layout could easily be adapted again for car storage, shop space, events, specialty operations, or a wide variety of commercial uses. Subject to city approval, possibilities may include an antique mall, gaming parlor, sports training center, restaurant, short-term rental concept, or rentable storage spaces. The current owner has transformed the property into a true recreational dream building featuring a gym, tiki bar, golfing area, and multiple rentable sections already offering income potential. Major updates include new air conditioning, heating, windows, front door, electrical, and gas lines in 2022, a lower-level laundry room and walk-in shower, hanging heaters added in the back in 2022, approximately 20 inches of insulation, and a DuraLast roof installed in 2021. The upgraded electrical service includes six power boxes with up to 480V capability on several outlets. The property also features four new garage doors with commercial openers accessible through the alley, making it easy to move vehicles, equipment, or dry storage items in and out. This well-maintained property offers incredible flexibility in a great location with beautiful views and high visablitly. Endless possibilities await!

Location

State IL

County Lasalle

Area Kangley / Streator

Zoning COMMR

Interior

Cooling Partial

Flooring Concrete

Fireplace N

Exterior

Roof Type Membrane

Building

Dwelling Type Mixed Use

Structure Type Brick,Concrete,Wood

Listed by Julie Moore of RE/MAX Rising

Nearby School & Business

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Park Place Realty Group LLC

Broker License ID: 888222

+1(708) 722-5106