Listing provided courtesy of Blackhawk Brokerage LLCMREDas Distributed by MLSGrid- MLS# 12677729MLS Provider

302 S Vermillion StreetStreator, IL 61364

Multi-Family · 5 Beds · 0.15 Acres
$197,500 Active

302 S Vermillion Street Overview

Time on Site:
14 days
Visits:
0

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!

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302 S Vermillion Street Facts & Features

  • Type Multi-Family
  • Lot 0.15 Acres

Details

General

School Information

  • School District: 40

Building Information

  • New Construction: No
  • Year Built: 1885

Location/Region

  • County Or Parish: LaSalle
  • MLS Area Major: Kangley / Streator
  • Township: Bruce

Tax Information

  • Tax Annual Amount: $2,920.00
  • Tax Year: 2025

General Information

  • Ownership: Fee Simple
  • Parcel Number: 3336116010
  • Property Type: Residential Income
  • Special Listing Conditions: None

Interior

Parking Information

  • Half Baths Building: 0

Beds/Baths

  • Bathrooms Total: 3
  • Bedrooms Total: 5
  • Bedrooms Possible: 5
  • Full Baths Building: 3

General Information

  • Basement: Unfinished, Full
  • Heating: Natural Gas
  • Rooms Total: 13

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Lot Features: Corner Lot
  • Lot Size Acres: 0.15
  • Lot Size Dimensions: 61x105
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Vinyl Siding

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 900
  • Beds Total: 1
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 1050
  • Beds Total: 3
  • Baths Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Actual Rent: 570
  • Beds Total: 1
  • Baths Total: 1

302 S Vermillion Street Neighborhood

Community

61364 (Streator) Demographics

42
Median Age
127
Population Density (per sq. mile)
23%
College Educated
$45,550
Estimated Median Income
5,735
Estimated Total Home Owners
2,692
Estimated Total Renters
68% / 32%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

302 S Vermillion Street Monthly Cost

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$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

302 S Vermillion Street Market Data

Based on the last 30 days in this zip code

$153,269
Average List Price
$112
Average Price per Square Foot
14
Properties Sold
74
Average Days on Market
90
Properties for Sale
Calculations provided by Reliance Network

302 S Vermillion Street History

Date Event Value Agent
6/22/2026Source: MRED Status Change
Active
6/16/2026Source: MRED Added to Database
June 16, 2026
2/10/2025Source: MRED Status Change
Closed
11/27/2024Source: MRED Status Change
Pending
11/27/2024Source: MRED Status Change
Contingent
10/15/2024Source: MRED Status Change
Active
10/10/2024Source: MRED Status Change
Re-activated
10/7/2024Source: MRED Status Change
Contingent
9/16/2024Source: MRED Status Change
Active
9/11/2024Source: MRED Price Increase
$159,000 6.7%
9/11/2024Source: MRED Status Change
Price Change
9/10/2024Source: MRED Added to Database
September 10, 2024