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$365,000 -$30,000 (-7.59%) Price Reduced
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Property 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 bed, 1 bath, fully furnished apartment (2023) and endless space to bring your business, hobby, or investment vision to life. Parking lot along north side of building is included and has 13 parking spaces. The building previously used to showcase a large antique car collection which adds some creative touches, there are wide open spaces previously used to hoist cars onto the second level, the wide-open layout can easily be converted back for that purpose or adapted for storage, shop use, events, or specialty operations. The current owner has transformed the space into a true recreational dream building, adding a gym, tiki bar, and golfing area, along with multiple rentable spaces that already generate potential income. Major updates include new air, heat, windows, and front door in 2023; a lower-level laundry room and walk-in shower; hanging heaters added in back in 2022; a DuraLast roof in 2021; approximately 20 inches of insulation; and upgraded electrical with six power boxes offering up to 480V capability on several outlets. The property also features four new garage doors with commercial openers, the garage doors can be accessed through alley and are great for moving dry storage or vehicles and equipment in and out. The expansive open areas ideal for a wide variety of commercial or storage uses. This building has been well maintained, great location with nice views of the library across the street!
Full Property Details
Full Property Details for 125 S Park St
General
- Price: $365,000
- Taxes: $1,590 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12519550
- Updated: 2/9/2026
- Added to Site: 84 day(s) ago
Location
- Area: Kangley / Streator
- County: LaSalle
- Driving Directions: Property is located at 125 S Park St, Parking along north side of building is owned by seller.
- Location Details: Central Illinois
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Gas
Structural Information
- Stories/Levels: 2
- Square Feet: 14,840
- Current Bldg. Use: Automotive
- Year Built: 1916
- Built Before 1978: Yes
Lot Features
- Lot Dimensions: 0 x 0
- Zoning: COMMR
Financial Considerations
- Assessment Year: 1916
- Tax Amount: $1,590
- Tax Year: 2024
Disclosures and Reports
- Property ID: 3336101010
Listed by Star Grieff Realty
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Schools
Schools serving 125 S Park St
| Name | Grades | Distance |
|---|---|---|
Kimes Elementary School 1207 Reading Street, Streator, IL 61364 | PK-1 | 0.9 mi |
Northlawn Jr High School 202 East 1st Street, Streator, IL 61364 | 5-8 | 1.2 mi |
Streator Twp High School 202 West Lincoln Avenue, Streator, IL 61364 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 125 S Park St
Date
Details
Price
Change
Source
2/09/2026
Price Reduced
$365,000
-7.59%
MLS
11/19/2025
Listed
$395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 125 S Park St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,254
-7%
$11,728
—
2023
$1,350
—
$11,728
6%
2022
$1,346
-1%
$11,064
—
2021
$1,353
—
$11,064
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 125 S Park St
125 S Park Street, Streator, IL 61364 (MLS# 12519550) is a Commercial property. 125 S Park Street is currently listed for $365,000 and was received on November 19, 2025. Want to learn more about 125 S Park Street? Do you have questions about finding other Commercial real estate for sale in Streator? You can browse all Streator real estate or contact a Coldwell Banker agent to request more information.

