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2 Michael Street

Streator, IL 61364
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$1,225,000
0beds
0baths
sqft
Anything from "is it priced right?" to "what's the catch?"

About this home

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.
MLS Description — as provided by the listing brokerage.

The facts

Property typeCommercial Sale
Year built1982
Lot dimensions78.5X120X35X100
AreaKangley / Streator
Annual tax$19,451
First listedMay 14, 2026
Parcel #3323214012
CountyLaSalle
MLS #MRD12647581
Days on market1
Photos25

Features

Cooling
Central AirCentral Individual
Utilities
Sewer Connected
Construction
BrickWood
Listed by
BHHS Central Illinois, REALTORS
Melissa Dittbenner · 309-275-5670

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 5/14/2026, 7:05:05 PM. All data should be independently verified.

$1,225,000
0 bd · 0 ba
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