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
See this Listing
Schools
Interior
Cooling
Central Air, Central Individual
Exterior
Construction Materials
Brick, Wood
Roof
Composition
Stories
2
Financial
Maintenance Fee
$499
Tax Year
2024
Taxes
$19,451
Map
Community
- Address2 Michael Street Streator IL
- CityStreator
- CountyLaSalle
- Zip Code61364
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
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Copyright 2026. All rights reserved.
2 Michael Street
Streator, IL

