2 Michael Street, Streator, IL

$1,125,000

Overview

  • 1247538
  • Property ID
  • Updated On:
  • June 2, 2026

Description

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.

Climate Control
Air Conditioning
Other Features
Brick
Central Air
Central Individual
Circuit Breakers
Composition
Concrete Perimeter
Electricity
Private
Separate Meters
Service - 0 to 100 Amps
Sewer Connected
Wood

yelp logo

$5,768.10
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 4,361.85

Similar Listings

For Sale

23913 W Lockport Street, Plainfield, IL

$1,150,000
Property Highlights Historic Church Building (Est. 1874) Adjacent Educational Facility wit ...
For Sale

8507 S Roberts Road, Justice, IL

$275,000
Prime hard corner commercial property offers a very high visibility opportunity for busine ...
Information for the property at 2 Michael Street, Streator, IL, 61364 (Property ID: 1247538) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

Compare Listings

Sunita Kakarlapudi