208 Park StStreator, IL 61364

Property Details for 208 Park St

Property size (Sq ft)

8,219 SF

Property type

Commercial real estate

APN

33-25-329-015

APU

3325329015

Description

This stunning 8,219 square foot mixed-use commercial property, situated on 0.68 acres in the heart of downtown Streator, IL, presents a unique investment opportunity. The building boasts rich historical character, featuring a grand foyer with a curved staircase, built-in murals, original woodwork, glasswork, chandeliers, and working transoms and hardware. Three decorative fireplaces add to the elegant, timeless charm. The expansive Great Hall alone exceeds 1700 square feet and can be divided into two separate rooms with sliding dividers. The first floor also includes an East Parlor (370 sq ft), North Hall (250 sq ft), West Hall (190 sq ft), Drawing Room (200 sq ft), kitchen/breakroom (350 sq ft), laundry/workroom (170 sq ft), and three half-bathrooms (two handicap accessible). A back handicap ramp and two freight elevators enhance accessibility. A 25 x 25 garage is also included. The second floor offers a 700 sq ft showroom (currently a photography studio), sitting room (100 sq ft), parlor (used as a bedroom, 220 sq ft), grand room (used as living/dining room, 500 sq ft), full bath, full kitchen, and an office/study with a balcony (130 sq ft). A partially finished 1080 sq ft walk-up attic on the third floor and a full basement provide ample additional space. The property features zone heating and cooling, a DuraLast roof over the Grand Hall, and a large concrete parking lot extending from Park Street to the alley, plus a large open yard to the south. The building's prime downtown location offers excellent visibility and pedestrian traffic, directly across from a park. This property is currently occupied.

• Alternative Use

  Use

  Valuation

  Residential

  $1,698,653

  Hospitality

  $1,555,957

  Educational

  $1,294,538

  Medical

  $1,339,059

  Retail

  $2,013,725

Location Insight

City

Streator

County

Lasalle

State

Illinois

Latitude

41.1225

Longitude

-88.8346

CBSA code

36837

CBSA name

OTTAWA, IL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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