125 S Park St

Streator, IL 61364
  • $395,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 14,840

    SqFt

About the Listing 98020 - 980017

GENEROUS SELLER IS OFFERING $20,000 to help lower interest rate or use towards closing costs and will include all gym equipment and more with an acceptable offer! 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 bed, 1 bath, fully furnished apartment (2023) and endless space to bring your business, hobby, or investment vision to life. Parking lot along north side of building is included and has 13 parking spaces. The building previously used to showcase a large antique car collection which adds some creative touches, there are wide open spaces previously used to hoist cars onto the second level, the wide-open layout can easily be converted back for that purpose or adapted for storage, shop use, events, or specialty operations. The current owner has transformed the space into a true recreational dream building, adding a gym, tiki bar, and golfing area, along with multiple rentable spaces that already generate potential income. Major updates include new air, heat, windows, and front door in 2023; a lower-level laundry room and walk-in shower; hanging heaters added in back in 2022; a DuraLast roof in 2021; approximately 20 inches of insulation; and upgraded electrical with six power boxes offering up to 480V capability on several outlets. The property also features four new garage doors with commercial openers, the garage doors can be accessed through alley and are great for moving dry storage or vehicles and equipment in and out. The expansive open areas ideal for a wide variety of commercial or storage uses. This building has been well maintained, great location with nice views of the library across the street!

Listing Highlights

Status Active
Days on Site 42
Property Type Commercial Sale
MLS ® 12519550
Year Built 1916
Total Square Footage 14,840
Lot/Acreage 0x0

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 0x0
  • Zoning: COMMR
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $1,590
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 3336101010
  • Tax Year: 2024

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125 S Park St Streator, IL 61364

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Originating MLS: mred

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