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$197,500

  • For Sale
  • Active
  • Multi-Family
  • 5 Total Beds
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Impressive 3-Unit with Strong Cash Flow! Current income and expenses indicate a cap rate above 10! Add this well-kept triplex to your portfolio or start building one with a property that offers solid rental income & attractive returns. Features include separate 100-amp electrical services, gas forced-air furnaces, some hardwood flooring, replacement windows, updated water lines, gas lines, water heaters, and addition of composite deck/porches. The spacious upper unit offers 3 bedrooms, while the lower north-side apartment enjoys its own covered porch-favored by the current tenant. A solid addition to an existing portfolio or an excellent opportunity for investors looking to enter the multifamily market. Interior photos are not provided to respect tenants' privacy. Each unit is clean & tidy!

Full Property Details for 302 S Vermillion St

General

  • Price: $197,500
  • Taxes: $2,920 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12677729

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Upper - Full Baths: 3

Bedrooms

  • Total Bedrooms: 5

Additional Information

  • Other Features: School Bus Service

Location

  • Area: Kangley / Streator
  • County: LaSalle
  • Township: Bruce
  • Driving Directions: I39, West on Rt 18; South on Bloomington St; East on Wilson to Vermillion (on SW corner)

School Information

  • School District: 44
  • Elem School District: 44
  • Midd School District: 44
  • High School District: 40

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Year Built: 1885
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size (Acres): 0.15
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 61 x 105
  • Lot Features: Corner Lot

Financial Considerations

  • Assessment Year: 1885
  • Tax Amount: $2,920
  • Tax Year: 2025
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 3336116010

Listed by Blackhawk Brokerage LLC

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Listing agent

— 302 S Vermillion St —

  • Blackhawk Brokerage LLC

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NMLS#: 1598647

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NMLS#: 1598647

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with our affiliated in-house agency

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 302 S Vermillion St

School Districts:Streator Township High School District 40, Streator Elementary School District 44
NameGradesDistance
Kimes Elementary School
1207 Reading Street, Streator, IL 61364
PK-11 mi
Northlawn Jr High School
202 East 1st Street, Streator, IL 61364
5-81.3 mi
Centennial Elementary School, Streator, IL
614 Oakley Avenue, Streator, IL 61364
2-42.4 mi
Streator Twp High School
202 West Lincoln Avenue, Streator, IL 61364
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 302 S Vermillion St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,920
6%
$29,931
16%
2024
$2,755
8%
$25,765
16%
2023
$2,547
100%
$22,124
14%
2022
-100%
$19,328
6%
2021
$2,231
4%
$18,238
3%
2020
$2,152
5%
$17,664
7%
2019
$2,053
—
$16,545
5%
2019
$2,053
103%
$15,770
1%
2017
$1,012
-2%
$15,686
-7%
2016
$1,037
—
$16,839
2%
2016
$1,037
—
$16,577
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Blackhawk Brokerage LLC

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Recent Sales near 302 S Vermillion St

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215 S Wasson St, Streator, IL 61364 - Photo 1 Sold
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215 S Wasson St  Streator, IL 61364

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302 S Vermillion Street, Streator, IL 61364 (MLS# 12677729) is a Multi-Family property with 3 units containing 5 bedrooms and 0 full bathrooms. 302 S Vermillion Street is currently listed for $197,500 and was received on June 16, 2026. Want to learn more about 302 S Vermillion Street? Do you have questions about finding other Multi-Family real estate for sale in Streator? You can browse all Streator real estate or contact a Coldwell Banker agent to request more information.

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