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$ 1,225,000
Est. payment /mo
New
2 Michael ST Streator, IL 61364
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12647581
Maintenance Fees $499
Year Built 1982
Annual Tax Amount $19,451
Tax Year 2024
Lot Dimensions 78.5X120X35X100
Property Sub-Type Multi Family 5+
Property Description
Excellent investment opportunity on Streator's desirable north side, conveniently located near popular dining, shopping, banking, recreational, and entertainment destinations. This well-maintained multifamily package features two solid brick buildings with 8 units each, offering a total of 16 units with a strong rental history and excellent reputation among tenants. The property includes spacious 1- and 2-bedroom units, each with large private storage rooms. Ownership has consistently maintained and updated the buildings throughout the years, making this a turnkey investment with long-term appeal. Additional amenities include four coin-operated laundry rooms (two washers and dryers per building), ample off-street parking, and attractive brick construction with strong curb appeal. A proven income-producing property with excellent tenant demand and upside potential.
Location
State IL
County Lasalle
Area Kangley / Streator
Zoning COMMR
Rooms
Basement Crawl Space
Interior
Cooling Central Air, Central Individual
Fireplace N
Exterior
Utilities Available Sewer Connected
Roof Type Composition
Building
Dwelling Type Multi Family 5+
Water Private
Structure Type Brick,Wood
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Listed by Melissa Dittbenner of BHHS Central Illinois, REALTORS
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