125 S Park St

Streator, IL 61364
  • $305,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 14,480

    SqFt

About the Listing 97105 - 980024,970396

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!

Listing Highlights

Status Active
Days on Site 42
Property Type Commercial Sale
MLS ® 12656521
Year Built 1916
Total Square Footage 14,480
Lot/Acreage 0.36

Interior Details

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

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 110 x 142
  • Zoning: COMMR
  • Roof: Membrane
  • Others:
  • Sewer:
  • Parking Features: 19-30 Spaces

Financial Details

  • Tax Amount: $2,545
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 3336101010
  • Tax Year: 2025

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125 S Park St Streator, IL 61364

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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