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502-506 E Main Street Streator, IL 61364
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Key Details
Sold Price $230,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 9,909 sqft
Price per Sqft $23
MLS Listing ID 11850006
Sold Date 04/03/24
Year Built 1910
Annual Tax Amount $8,392
Tax Year 2022
Lot Dimensions 151X142
Property Description
Looking for a property with high profitability, high visibility and lots of character? What if its in a TIF district and eligible for facade grants? Even better, right? Located right on Main St (RT 18)at the East entrance of newly revamped picturesque downtown Streator you can't miss this 10 units property. Chalkey's East occupies the corner unit on Main and Sterling ( stop in and say hi and ask to see the turn of century photo of the entrance sitting on the counter) , 504 & 506 are both vacant storefronts ready to be remodeled. 111 N Sterling is an occupied freestanding commercial brick building that comes with the property. Upstairs there are 6 residential units. 1 - Studio/1 bed ( Occupied) , 3 - Two bedroom ( 3 aoccupied, , 2 - One Bedroom ( both occupied). Eligible for up to $15k per frontage ($30k total for big building and $15k for little one) facade grant. ( Talk to City for details). ( Talk to City for details). Property does need work, but with all the awesome features why not design it to be your own. Can you say roof top deck? Would be great for straight income rental, to occupy yourself and rent rest out or even AirBNB. Come be part of Streator's happening downtown. Walking distance to shops, dining, events, live music and more. Come check it out. Schedule your showings today. 502-506 E Main is available individually for $200,000 Listing 11887887 111 N Sterling is available individually for $49,900 Listing 11887896
Location
State IL
County Lasalle
Zoning COMMR
Interior
Cooling Partial
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Maria Orozco • RE/MAX Partners