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407 E Main Street Streator, IL 61364 • Commercial - Retail • Active

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  • 407 E Main Street, Streator, IL 61364 Main Photo

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Description

Position your business or investment in the heart of downtown Streator with this distinctive commercial property offering approximately 7,500 square feet of space across multiple levels, plus a full basement. Located directly on Main Street, this property benefits from a prominent downtown setting surrounded by local businesses, community events, and seasonal festivities that bring visitors and activity to the area. Main Street serves as a key route for community parades and celebrations, offering opportunities for visibility and exposure. With Streator's ongoing community events and efforts to support local shopping, this location provides an excellent opportunity to establish or expand a business in the heart of the community. The main level features a spacious showroom, office areas, storage space, and a bathroom, along with extensive built-in cabinetry and shelving that can accommodate a variety of business needs. An approximately 1,000 square foot intermediate balcony level showcases the building's original tin ceiling, adding character and architectural appeal, while increasing the property's functionality. The upper level offers a large common room, multiple additional rooms suitable for offices, meeting areas, creative spaces, residential, or other uses, a bathroom, and a full-length hallway connecting the rooms. A full basement provides additional storage potential. Significant exterior improvements include a completely new brick facade completed in 2021, while the roof is less than five years old. For decades, this property was home to a long-standing, successful business, demonstrating its established presence within the Streator business community. Whether you're an owner-user seeking a substantial downtown location for your own operation or an investor looking for a property with character, space, and multiple potential uses, this is an opportunity to establish your presence on Main Street and become part of downtown Streator's continued growth. Bring your vision and explore the possibilities!

Property Highlights

Property Type: Commercial - Retail
Building Description: 2.0 stories
Year Built: 1876

General Information

County: LaSalle
Listed By:
Chismarick Realty, LLC 815-673-5099
MRED MLS
$155,000
Est. $1,131/mo
New to the Market Active
SQUARE FEET7,500 MLS#12793060
STATUSActive PROPERTY TYPECommercial - Retail

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Ruhl&Ruhl Realtors
563.441.1776

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407 E Main Street, Streator, IL 61364.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $155,000$155,000$155,000
Down Payment $31,000$5,425$38,750
Monthly Mortgage Amount $815$1,000$997
Taxes $216$216$216
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$68$0
Monthly Estimated Total $1,131$1,384$1,313

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