319 S Monroe Street, Streator, IL 61364 - Photo 1

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$125,000 Just Listed

For Sale
Active
Commercial
4,401 Sq. Ft.
Updated 11 hours ago

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Property Description

Outstanding value-add opportunity with tremendous upside potential! This 3 story, 6 unit apartment building with a full basement is primed for completion and offers flexibility to finish as six individual units or redesign into larger apartment layouts to maximize rental potential and returns. A portion of the work has already been completed, helping accelerate the renovation timeline and reducing upfront effort for the next owner. The main-level units each feature a stove/oven, refrigerator, and wood-burning fireplace. Five of the six units are equipped with individual forced-air heat and central air, while each unit also features its own 100-amp circuit breaker box. Outside, the property sits on a desirable corner lot and offers a large covered wraparound porch and a detached 1.5 car garage. An excellent opportunity for investors, rehabbers, or developers looking to add value and unlock strong income potential to their portfolio.

Full Property Details

Full Property Details for 319 S Monroe St

General

Price: $125,000
Taxes: $1,710 (2024)
Status: Active
Type: Commercial
Source: MRED
MLS ID: 12644750

Interior

Basement: Unfinished
Fireplace: Yes
Number of Fireplaces: 2

Location

Area: Kangley / Streator
County: LaSalle
Township: Bruce
Driving Directions: Rt 23 to Livingston St. E on Livingston St. House on NE corner of Livingston St & Monroe St.
Location Details: Corner, In City Limits

Heating & Cooling

Cooling Type: Central Air Conditioning
Heating Type: Forced Air, Gas

Utilities

Water: Community Water

Structural Information

Construction: Wood, Frame
Exterior Const.: Wood, Frame
Basement: Yes
Basement Desc.: Unfinished
Foundation: Brick/Mortar
Roof: Composition
Stories/Levels: 3
Square Feet: 4,401
Current Bldg. Use: Legal Non-Conforming, Multi-Family
Year Built: 1920
Built Before 1978: Yes

Unit Information

Units w/Refrigerators: 2
Units w/Range/Oven: 2

Lot Features

Lot Size (Acres): 0.18
Lot Size (Sq. Ft.): 7,700
Lot Dimensions: 55 x 140
Frontage: City Street
Potential Use: Multi-Family
Zoning: OTHER

Financial Considerations

Assessment Year: 1920
Tax Amount: $1,710.56
Tax Year: 2024

Disclosures and Reports

Property ID: 3336116024

Listed by Chismarick Realty, LLC

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Listing agent

— 319 S Monroe St —

Chismarick Realty, LLC

(815) 673-5099

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Schools

Schools serving 319 S Monroe St

School Districts:Streator Township High School District 40, Streator Elementary School District 44

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	1.4 mi
Centennial Elementary School, Streator, IL 614 Oakley Avenue, Streator, IL 61364	2-4	2.5 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.

Tax History

Tax History for 319 S Monroe St

Year

Property Taxes

Change

Tax Assessment

Change

2024

$1,711

-7%

$16,000

—

2023

$1,842

100%

$16,000

6%

2022

-100%

$15,094

—

2021

$1,846

—

$15,094

—

2020

$1,839

-2%

$15,094

—

2019

$1,873

15%

$15,094

19%

2017

$1,634

5%

$12,671

—

2016

$1,561

—

$12,671

—

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 319 S Monroe St

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319 S Monroe Street, Streator, IL 61364 (MLS# 12644750) is a Commercial property. 319 S Monroe Street is currently listed for $125,000 and was received on May 14, 2026. Want to learn more about 319 S Monroe 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.

319 S Monroe St Streator, IL 61364