125 S Park StreetStreator, IL 61364

Description

One-of-a-kind commercial property offering 14,480 sq ft of unmatched versatility, income potential, and incredible recreational amenities! Zoned Heavy Commercial, this unique building includes a newly built 1 bedroom, 1 bathroom fully furnished apartment (2023) and endless space to bring your business, hobby, or investment vision to life. The parking lot located directly north of the building is included in the sale and offers 13 parking spaces for customers, tenants, or events. The building still features creative touches and expansive open areas that were once used to hoist vehicles to the second level. The wide-open layout could easily be adapted again for car storage, shop space, events, specialty operations, or a wide variety of commercial uses. Subject to city approval, possibilities may include an antique mall, gaming parlor, sports training center, restaurant, short-term rental concept, or rentable storage spaces. The current owner has transformed the property into a true recreational dream building featuring a gym, tiki bar, golfing area, and multiple rentable sections already offering income potential. Major updates include new air conditioning, heating, windows, front door, electrical, and gas lines in 2022, a lower-level laundry room and walk-in shower, hanging heaters added in the back in 2022, approximately 20 inches of insulation, and a DuraLast roof installed in 2021. The upgraded electrical service includes six power boxes with up to 480V capability on several outlets. The property also features four new garage doors with commercial openers accessible through the alley, making it easy to move vehicles, equipment, or dry storage items in and out. This well-maintained property offers incredible flexibility in a great location with beautiful views and high visablitly. Endless possibilities await!

Property Information

Property type

Commercial Sale

Sub-type

Business

Year built

1916

Stories

2

Building area

14,480 Sq Ft

Lot size

0.36 acres

Lot dimensions

110 x 142

Zoning

COMMR

Days on market

131

MLS^® Listing#

12656521

Property Features

Flooring

Concrete

Construction

Brick · Concrete

Roof

Membrane

Financial Details

Annual taxes

$2,545Tax year 2025

Parcel number

3336101010

Directions

Property is right across from the Streator Library and south of Midland Bank on South Park St.