501 Oakley Ave

Streator, IL 61364

$275,000
Last Sold Price
—
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Closed 12/28/22
Closed 12/28/22
a swimming pool with an outdoor space
a view of a terrace
a front view of a house with a yard
a view of a swimming pool with a yard
a view of a tennis court
a view of an outdoor space and beach
a view of a swimming pool with a yard
a view of a tennis court
a backyard of a house
a view of an outdoor space and tennis court
a view of a tennis court
a backyard of a house
a house view with a backyard space
a view of an entryway with staircase
a view of a room with gym equipment
a view of hallway
a white toilet sitting next to a white sink
a view of a livingroom with an empty space
a room with a sink
a bathroom with a sink and a mirror
a kitchen with a sink and a window
a room with a desk and a window
a room with a bed and a dresser
a view of a livingroom with shelves
a view of workspace room with wooden floor
a room with a sink and a window
a close view of a hallway
a white toilet sitting next to a bathroom sink
a bathroom with a sink a mirror and a bathtub
a room with furniture and a table
a view of an empty room
a view of a room with a workspace
a view of workspace with lounge chair
a bathroom with a sink and a mirror
a view of a room with a table and chairs
a view of an entryway with sitting area
a view of gym equipment and children play room
a bathroom with a toilet and a sink
a view of a room with gym equipment

Description

Outstanding value & investment opportunity awaits! 6300 Square feet of building in excellent Streator location. Custom office built-out with numerous work stations in multiple private offices, conference room, employee lounge with kitchenette, tons of storage room, huge reception area and waiting room, restrooms, ample parking in front and private parking in rear, The building was designed for a medical office on half the building and physical therapy office on the other half. Many additional commercial...Outstanding value & investment opportunity awaits! 6300 Square feet of building in excellent Streator location. Custom office built-out with numerous work stations in multiple private offices, conference room, employee lounge with kitchenette, tons of storage room, huge reception area and waiting room, restrooms, ample parking in front and private parking in rear, The building was designed for a medical office on half the building and physical therapy office on the other half. Many additional commercial or non-for profit uses are possible. Two separate HVAC units , large capacity electrical service already in place. The building has brick and steel exterior and sits on slab. The site is just under 2 acres with 169 ft of frontage on Oakley Ave. This building also includes a vacant lot in the back which is may be used for future expansion or new development. Building was previously rented for $6500 Mo. + expenses. Excellent opportunity for your current or future business location and investment potential- call or email for more information and private showing today! Property sold AS-IS

Property Details for 501 Oakley Avenue

Area
Kangley / Streator
Township
Bruce
Num Of Parking Spaces
30.0
Air Conditioning Type
Central Air
Zoning
COMMR
LISTING UPDATED: 12/30/2022 11:45 AM

Property Details for 501 Oakley Avenue

StatusClosed
MLS #11447355
Days on Market170
Taxes$12,128 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built2004
Lot Size1.93 AC / 84,071 SF
CountyLaSalle County

Location

Add your commute

Building Information for 501 Oakley Avenue

Stories1Residences2Year Built2004Lot Size1.93 AC / 84,071 SF

Payment Calculator

$2,370 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,359

Property Taxes

$1,011

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 501 Oakley Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 19-30 Spaces,Private Lot
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Southwest Suburban
  • Information: Short Notice OK
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • Flooring: Carpet, Vinyl
  • Heat/Ventilation: Central Bldg Heat
  • Misc Inside: Common Exercise Room/s,Common Lunchroom/s,Common Meeting Room/s,Handicapped Access,Handicapped Equip Washroom/s,Multi-Tenant,Private Restroom/s,Public Restroom/s,Storage Inside
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 0
  • Misc Outside: Handicapped Access,Trash Compactor
Utilities / Equipment
  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal
Property/Lot Information
  • Tenant Pays: Varies by Tenant
  • Built Before 1978: No
  • Approximate Age: 7-15 Years
  • Lot Dimensions: 169X334X196X333
  • Lot Size Square Feet: 84071.0
  • Stories: 1
  • Exterior Building Type: Aluminum Siding, Steel Siding, Brick
  • Construction: Brick, Concrete, Steel Siding
  • Fire Protection: Other
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 6231
  • # Of Offices: 2
  • # Of Stores: 0
  • Property Sub Type: Mixed Use
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Office and Research, Retail
  • Documents Available: Tax Bill
  • Docks: Exterior
  • Public Document Count: 0
  • Photos Count: 40
Miscellaneous
  • Current Use: Office
  • Location: Mixed Use Area
Virtual Tour/Additional Media
  • Virtual Tour: Image360
  • Virtual Tour YN: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Total Annual Expense Source: Combination
  • Total Monthly Income: 0
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 501 Oakley Avenue

DateEvent & SourcePriceAppreciation
Nov 28, 2025

Expired

MRED #12177496

$335,000—
Oct 1, 2024

Listed (Active)

MRED #12177496

$350,000—
Dec 28, 2022

Sold

MRED #11447355

$275,000—
Dec 26, 2022

Sold (Public Record)

Public Record #1504091690

$275,000—
Dec 12, 2022

Pending

MRED #11447355

—
Jun 26, 2022

Listed (Active)

MRED #11447355

$299,750—
Aug 29, 2019

Cancelled

MRED #10281863

$449,999—
Feb 24, 2019

Listed (Active)

MRED #10281863

$500,000—
DateEvent & SourcePrice
11/28/2025

Expired

MRED #12177496

$335,000
10/01/2024

Listed (Active)

MRED #12177496

$350,000
12/28/2022

Sold

MRED #11447355

$275,000
12/26/2022

Sold (Public Record)

Public Record #1504091690

$275,000
12/12/2022

Pending

MRED #11447355

—
06/26/2022

Listed (Active)

MRED #11447355

$299,750
08/29/2019

Cancelled

MRED #10281863

$449,999
02/24/2019

Listed (Active)

MRED #10281863

$500,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 501 Oakley Avenue

Taxable ValueLand$5,942Additions$85,676Total$91,618
Tax Record2024$9,795 ($816 / month)
Home Facts
Total Finished SqFt6,231 SqFtAbove Grade Finished SqFt6,231 SqFtLot Size64,033 SqFtStyleMiscellaneous CommercialCountyLASALLEAPN33-23-277-000

Schools near 501 Oakley Avenue

This home is within Streator Twp Hsd 40 School District.
Rating
School
Type
Grades
Distance
Centennial Elementary School
Public - K to 4
Northlawn Jr High School
Public - 5 to 8
Streator Twp High School
Public - 9 to 12
St Michael The Archangel Catholic School
Private - PK to 8
Rating
School
Distance
Centennial Elementary School
PublicK to 4

Northlawn Jr High School
Public5 to 8

Streator Twp High School
Public9 to 12

St Michael The Archangel Catholic School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Top Properties

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/30/2022 11:45 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.