2 Michael Street
Streator, IL, 61364
$1,125,000
3 Beds
2 Baths
0 SqFt
0 Acres
Add
MLS #MRD12647581 image #0
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.

Property Details

Price:
$1,125,000
MLS #:
MRD12647581
Status:
Active Under Contract
Beds:
3
Baths:
2
Type:
Commercial
Neighborhood:
kangleystreator
Listed Date:
May 14, 2026
Year Built:
1982
Kangley / StreatorKangleystreator

Ask a Question

See this Listing

Send
  

Schools

Interior

Cooling
Central Air, Central Individual

Exterior

Construction Materials
Brick, Wood
Roof
Composition
Stories
2

Financial

Maintenance Fee
$499
Net Operating Income
$73,417
Tax Year
2024
Taxes
$19,451

Map

Community

Market Summary

Current real estate data for Commercial in Streator as of Jun 18, 2026
12
Commercial Listed
184
Avg DOM
$588,917
Avg List Price

Property Summary

    2 Michael Street Streator IL is a Commercial for sale in Streator, IL, 61364. It is listed for $1,125,000

Similar Listings Nearby

2 Michael Street
Streator, IL