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.
Listed By
Agency Name: BHHS Central Illinois, REALTORS
Shown By
Agent Name: Vanessa Bloomer
Agent Phone: (815) 312-7879
Agency Title: Gambino Realtors
Estimated Payment
$ 7,542.54 per month $5,564.33 Principal & Interest $1,620.92 Property Tax $357.29 Homeowner's Insurance
2 Michael Street | MLS# 12647581
This multi-family property located at 2 Michael Street , Streator, IL 61364 is currently listed for sale with an asking price of $1,225,000. Search Streator real estate on vbloomer.gogambino.com today.