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$182,000
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Property Description
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
Full Property Details for 302 S Vermillion St
General
- Sold For: $182,000
- Taxes: $2,920 (2025)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12677729
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Additional Information
- Other Features: School Bus Service
Location
- Area: Kangley / Streator
- County: LaSalle
- Driving Directions: I39, West on Rt 18; South on Bloomington St; East on Wilson to Vermillion (on SW corner)
School Information
- School District: 44
- Midd School District: 44
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- 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
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 3336116010
Listed by Blackhawk Brokerage LLC
Sold by Generation Home Pro
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Schools
Schools serving 302 S Vermillion St
| Name | Grades | Distance |
|---|---|---|
Kimes Elementary School 1207 Reading Street, Streator, IL 61364 | PK-1 | 1 mi |
Northlawn Jr High School 202 East 1st Street, Streator, IL 61364 | 5-8 | 1.3 mi |
Centennial Elementary School, Streator, IL 614 Oakley Avenue, Streator, IL 61364 | 2-4 | 2.4 mi |
Streator Twp High School 202 West Lincoln Avenue, Streator, IL 61364 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
302 S Vermillion Street, Streator, IL 61364 (MLS# 12677729) is a Multi-Family property that was sold at $182,000 on September 10, 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.

