206 E 4th St · Streator, IL 61364

$135,000

3 bd · 1.0 ba · 816 sqft · SingleFamily public records · 87 Days on market

Built 1941 0.26 ac lot

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +17.6/30.0
• ARV discount +7.5/15.0
• DSCR +5.5/10.0
• 1% rule +4.7/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

3 bedroom, 1.5 story home with a 2 car garage situated on a large lot on Streator's north side. On the main level, this home showcases an updated kitchen, spacious living room, main level master bedroom, and a full bathroom. On the 2nd level, you find 2 more bedrooms and plenty of storage space. In the finished full basement, there is a wet bar in the large bonus room, laundry room with a washer, dryer, utility sink, and table, and a storage room with shelving. The amenities continue outside, where in the large backyard you find a spacious covered deck, a gazebo with a swing situated around a fire pit, storage shed, and mature trees providing plenty of shade. Topping off the appeal of this home is the 2 car heated and air conditioned garage, so you won't have to worry about getting into a cold or hot vehicle. Come see for yourself this home's attraction!

Key facts

• Firepit
• Wet bar
• Main floor master

Tags

• UPDATED KITCHEN
• MAIN FLOOR MASTER
• PARTIALLY FINISHED BASEMENT
• WET BAR
• COVERED BACK DECK
• FIREPIT

Property features AI

Finance

• Other: Parcel number 3324300030; Lot dimensions roughly 75 x 150 (lot about 0.25–0.49 acre); Lot size per county records
• HOA & community: No master association fee required

Exterior

• Parking: Two-car garage (detached, heated, owned); Concrete driveway; Total parking for six vehicles
• Utilities: Public water; Public sewer; Electric service with fuses
• Home design: Detached single-family home; 1.5-story design; Fee simple ownership; School bus service available; Estimated living area
• Construction: Built approximately 81–90 years ago; Aluminum siding; Asphalt roof; Block foundation; Home built before 1978
• Exterior features: Deck

Interior

• Kitchen: Kitchen with island (12 x 13); Range; Dishwasher; Refrigerator; Bar fridge
• Bedrooms: Three bedrooms total; Master bedroom on main level (10 x 11); Two additional bedrooms on second level (each 10 x 12)
• Flooring: Carpet in foyer, living room, master bedroom, and second-level bedrooms
• Bathrooms: One full bathroom
• Heating & cooling: Natural gas heating; Central air conditioning
• Interior features: Seven total rooms; Partially finished full basement; Bonus room in basement; Combined dining and living area
• Laundry & utility: Basement laundry room (5 x 15); Washer; Dryer; Water softener

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $105 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $131k (3.1% below list).
• Recommended offer: $127k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 63/100 on livability (#752 in IL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing B+; Watch: schools F, amenities F, commute F.
• Streator Twp Hsd 40 (town): math 11% / reading 19% proficiency, ranked #513 of 620 in IL (top 83%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 87 active listings in the ZIP; 82 units permitted in LaSalle County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $933 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• LaSalle County population projected at -16% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 87 days — a 6% lower offer ($127k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 3y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $100k; 35% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1941 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $126,900 (6.0% below list)

Questions for the listing agent

1. It's been on market 87 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1941 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.97% ✗
• Cap rate: 7.23%
• Cash-on-cash: 3.34%
• DSCR: 1.15
• GRM: 8.6

CMA / ARV

• ARV (on-the-fly): $89,760
• Comps found: 9

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
210 E 1st St	0.26mi	2/1.0 (-1)	804 (-2%)	0mo	$82,000	$102	80
1204 N Park St	0.45mi	2/1.0 (-1)	800 (-2%)	10mo	$88,000	$110	63
120 W 3rd St	0.24mi	3/1.0	936 (+15%)	12mo	$140,000	$150	54
1006 N Vermillion St	0.58mi	2/1.0 (-1)	762 (-7%)	20mo	$110,000	$144	41
608 E Bronson St	0.55mi	2/2.0 (-1)	888 (+9%)	13mo	$162,500	$183	40
1408 N Wasson St	0.32mi	2/1.0 (-1)	936 (+15%)	23mo	$62,500	$67	37
604 E 4th St	0.31mi	2/1.5 (-1)	936 (+15%)	22mo	$107,575	$115	36
511 W Boys St	0.71mi	2/1.0 (-1)	700 (-14%)	6mo	$68,250	$98	33
702 W 1st St	0.67mi	2/1.0 (-1)	936 (+15%)	18mo	$80,500	$86	24

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -11.0%
• Equity multiple: 0.60×
• Total profit: $-15,167
• Equity at exit: $20,129

10-year hold

• IRR: -1.8%
• Equity multiple: 0.88×
• Total profit: $-4,521
• Equity at exit: $11,672

Cash invested: $37,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 43 Moderately Tenant-Leaning
• State Illinois: 43 Moderately Tenant-Leaning · D+7
• County: — inherits STATE
• City: — inherits STATE

Chicago RTLO is among the strongest tenant ordinances in the Midwest; downstate is more landlord-friendly.

Methodology + full state rankings →

ZIP-level market 61364

• Home prices YoY: -31.1%
• Active inventory: 87
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $1,309 medium
• Mortgage (P&I): −$708
• Tax from tax record: −$164 /mo · $1,974/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$275
• Net cashflow: $105

Break-even live

Break-even rent $1,176

Max offer price $135,000

Occupancy floor 87%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $33,750
• Closing costs: $4,050
• Reserves months: —
• Total cash needed: —

Listing history 30 events

1. 2026-06-19
   days on market $135,000 Active 87 DOM
2. 2026-06-18
   days on market $135,000 Active 86 DOM
3. 2026-06-17
   days on market $135,000 Active 85 DOM
4. 2026-06-16
   days on market $135,000 Active 84 DOM
5. 2026-06-15
   days on market $135,000 Active 83 DOM
6. 2026-06-14
   days on market $135,000 Active 81 DOM
7. 2026-06-12
   days on market $135,000 Active 80 DOM
8. 2026-06-09
   days on market $135,000 Active 77 DOM
9. 2026-06-08
   days on market $135,000 Active 76 DOM
10. 2026-06-07
    days on market $135,000 Active 75 DOM
11. 2026-06-05
    days on market $135,000 Active 72 DOM
12. 2026-06-03
    days on market $135,000 Active 71 DOM
13. 2026-06-02
    days on market $135,000 Active 70 DOM
14. 2026-06-01
    days on market $135,000 Active 69 DOM
15. 2026-05-31
    days on market $135,000 Active 68 DOM
16. 2026-05-30
    days on market $135,000 Active 67 DOM
17. 2026-05-21
    price $135,000
18. 2026-04-16
    status Active
19. 2026-04-06
    historical Contingent - Continue to Show
20. 2026-03-25
    listed $140,000 Active
21. 2023-12-19
    soldstatus $100,000
22. 2023-12-18
    soldstatus $100,000 Closed 866-char remark

    Show marketing remark (866 chars)

    3 bedroom, 1.5 story home with a 2 car garage situated on a large lot on Streator's north side. On the main level, this home showcases an updated kitchen, spacious living room, main level master bedroom, and a full bathroom. On the 2nd level, you find 2 more bedrooms and plenty of storage space. In the finished full basement, there is a wet bar in the large bonus room, laundry room with a washer, dryer, utility sink, and table, and a storage room with shelving. The amenities continue outside, where in the large backyard you find a spacious covered deck, a gazebo with a swing situated around a fire pit, storage shed, and mature trees providing plenty of shade. Topping off the appeal of this home is the 2 car heated and air conditioned garage, so you won't have to worry about getting into a cold or hot vehicle. Come see for yourself this home's attraction!

23. 2023-12-11
    status Pending 866-char remark

    Show marketing remark (866 chars)

    3 bedroom, 1.5 story home with a 2 car garage situated on a large lot on Streator's north side. On the main level, this home showcases an updated kitchen, spacious living room, main level master bedroom, and a full bathroom. On the 2nd level, you find 2 more bedrooms and plenty of storage space. In the finished full basement, there is a wet bar in the large bonus room, laundry room with a washer, dryer, utility sink, and table, and a storage room with shelving. The amenities continue outside, where in the large backyard you find a spacious covered deck, a gazebo with a swing situated around a fire pit, storage shed, and mature trees providing plenty of shade. Topping off the appeal of this home is the 2 car heated and air conditioned garage, so you won't have to worry about getting into a cold or hot vehicle. Come see for yourself this home's attraction!

24. 2023-11-10
    historical Contingent - Continue to Show 866-char remark

    Show marketing remark (866 chars)

    3 bedroom, 1.5 story home with a 2 car garage situated on a large lot on Streator's north side. On the main level, this home showcases an updated kitchen, spacious living room, main level master bedroom, and a full bathroom. On the 2nd level, you find 2 more bedrooms and plenty of storage space. In the finished full basement, there is a wet bar in the large bonus room, laundry room with a washer, dryer, utility sink, and table, and a storage room with shelving. The amenities continue outside, where in the large backyard you find a spacious covered deck, a gazebo with a swing situated around a fire pit, storage shed, and mature trees providing plenty of shade. Topping off the appeal of this home is the 2 car heated and air conditioned garage, so you won't have to worry about getting into a cold or hot vehicle. Come see for yourself this home's attraction!

25. 2023-10-26
    status Active 866-char remark

    Show marketing remark (866 chars)

    3 bedroom, 1.5 story home with a 2 car garage situated on a large lot on Streator's north side. On the main level, this home showcases an updated kitchen, spacious living room, main level master bedroom, and a full bathroom. On the 2nd level, you find 2 more bedrooms and plenty of storage space. In the finished full basement, there is a wet bar in the large bonus room, laundry room with a washer, dryer, utility sink, and table, and a storage room with shelving. The amenities continue outside, where in the large backyard you find a spacious covered deck, a gazebo with a swing situated around a fire pit, storage shed, and mature trees providing plenty of shade. Topping off the appeal of this home is the 2 car heated and air conditioned garage, so you won't have to worry about getting into a cold or hot vehicle. Come see for yourself this home's attraction!

26. 2023-10-24
    historical Contingent - Continue to Show 866-char remark

    Show marketing remark (866 chars)

    3 bedroom, 1.5 story home with a 2 car garage situated on a large lot on Streator's north side. On the main level, this home showcases an updated kitchen, spacious living room, main level master bedroom, and a full bathroom. On the 2nd level, you find 2 more bedrooms and plenty of storage space. In the finished full basement, there is a wet bar in the large bonus room, laundry room with a washer, dryer, utility sink, and table, and a storage room with shelving. The amenities continue outside, where in the large backyard you find a spacious covered deck, a gazebo with a swing situated around a fire pit, storage shed, and mature trees providing plenty of shade. Topping off the appeal of this home is the 2 car heated and air conditioned garage, so you won't have to worry about getting into a cold or hot vehicle. Come see for yourself this home's attraction!

27. 2023-10-19
    status Active 866-char remark

    Show marketing remark (866 chars)

    3 bedroom, 1.5 story home with a 2 car garage situated on a large lot on Streator's north side. On the main level, this home showcases an updated kitchen, spacious living room, main level master bedroom, and a full bathroom. On the 2nd level, you find 2 more bedrooms and plenty of storage space. In the finished full basement, there is a wet bar in the large bonus room, laundry room with a washer, dryer, utility sink, and table, and a storage room with shelving. The amenities continue outside, where in the large backyard you find a spacious covered deck, a gazebo with a swing situated around a fire pit, storage shed, and mature trees providing plenty of shade. Topping off the appeal of this home is the 2 car heated and air conditioned garage, so you won't have to worry about getting into a cold or hot vehicle. Come see for yourself this home's attraction!

28. 2023-10-12
    historical Contingent - Continue to Show 866-char remark

    Show marketing remark (866 chars)

    3 bedroom, 1.5 story home with a 2 car garage situated on a large lot on Streator's north side. On the main level, this home showcases an updated kitchen, spacious living room, main level master bedroom, and a full bathroom. On the 2nd level, you find 2 more bedrooms and plenty of storage space. In the finished full basement, there is a wet bar in the large bonus room, laundry room with a washer, dryer, utility sink, and table, and a storage room with shelving. The amenities continue outside, where in the large backyard you find a spacious covered deck, a gazebo with a swing situated around a fire pit, storage shed, and mature trees providing plenty of shade. Topping off the appeal of this home is the 2 car heated and air conditioned garage, so you won't have to worry about getting into a cold or hot vehicle. Come see for yourself this home's attraction!

29. 2023-10-06
    listed $105,000 Active 866-char remark

    Show marketing remark (866 chars)

    3 bedroom, 1.5 story home with a 2 car garage situated on a large lot on Streator's north side. On the main level, this home showcases an updated kitchen, spacious living room, main level master bedroom, and a full bathroom. On the 2nd level, you find 2 more bedrooms and plenty of storage space. In the finished full basement, there is a wet bar in the large bonus room, laundry room with a washer, dryer, utility sink, and table, and a storage room with shelving. The amenities continue outside, where in the large backyard you find a spacious covered deck, a gazebo with a swing situated around a fire pit, storage shed, and mature trees providing plenty of shade. Topping off the appeal of this home is the 2 car heated and air conditioned garage, so you won't have to worry about getting into a cold or hot vehicle. Come see for yourself this home's attraction!

30. 2011-12-09
    soldstatus $51,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast IL · Partial reset (capped growth)

• Current annual tax: $1,974 · $164/mo
• Projected year-2 tax: $2,519 · $210/mo
• Expected delta: +$545/yr (+$45/mo · 27.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥104°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,703
• − Mortgage interest: −$7,562
• − Property taxes: −$1,974
• − Insurance: −$675
• − Repairs & maintenance: −$1,256
• − Management: −$1,256
• − Depreciation: −$3,927
• Taxable loss: −$948
• Est. tax savings @ 24.0%: +$228
• After-tax cash flow: $1,488/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Streator Twp Hsd 40
• NCES district ID: 1738100
• Math proficiency: 11% ▼ -4.00%
• Reading proficiency: 19% ▼ -1.00%
• Median HH income: $43,002
• Composite: 13.07/100
• National rank: #9561
• State rank: #513 of 620 in IL

Livability — Streator

• Score: 63/100
• State rank: #752
• US rank: #15266

Category grades

Amenities F Commute F Cost of living A+ Crime B Employment F Housing B+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Streator, IL
• County: La Salle County · 41,676 people
• City population: 17,963
• Metro: Ottawa, IL
• Population (ZIP): 17,963
• Household income: $59,060
• Rent vs Own: 29.8% rent · 70.2% own
• Severe rent burden: 450.0

Population outlook (LaSalle County) Hauer SSP2

• Today (2025): 107,080 people
• By 2030: 104,196 · -2.7%
• By 2040: 97,413 · -9.0%
• By 2050: 90,294 · -15.7%
• By 2075: 76,252 · -28.8%
• By 2100: 61,339 · -42.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (83%)
• Race & ethnicity: White 83% Hispanic / Latino 11% Two or more races 4% Black 3%
• Hispanic origin (detail): Mexican 10%
• Common ancestry: Romanian 3% Lithuanian 2% Slovak 2%
• Foreign-born: 3% · Canada
• Languages at home: 93% English-only · Spanish 6%

Political lean MEDSL · LaSalle

• 2024 margin: R (+18.5) · D 40.1% · R 58.6% · Other 1.3%
• 2008→2024 swing: -29.6pp toward R · 2008: 11.1pp · 2024: -18.5pp
• All cycles: 2024: R+18.5 2020: R+14.3 2016: R+14.4 2012: R+0.4 2008: D+11.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -105.28%
• Current HPI: 233.5533
• Rent YoY: —
• Metro: Ottawa, IL
• State GDP YoY: ▲ 1.59%
• F500 in state: 60

Industry mix (Fortune 500 HQ in IL)

Industry	F500 HQs	Revenue
▸Insurance	4	$201B
▸Consumer Goods	4	$87B
▸Industrial Machinery	3	$64B
▸Healthcare	2	$55B
▸Retail / Pharmacy	1	$148B
▸Agriculture / Food	1	$86B

Price history

+162.1% since first listed

14 events — show timeline

• 2026-05-21 Price Changed $135,000 MRED as Distributed by MLS Grid
• 2026-04-16 Relisted — MRED as Distributed by MLS Grid
• 2026-04-06 Contingent — MRED as Distributed by MLS Grid
• 2026-03-25 Listed $140,000 MRED as Distributed by MLS Grid
• 2023-12-19 Sold (Public Records) $100,000 Public Records
• 2023-12-18 Sold (MLS) $100,000 MRED as Distributed by MLS Grid
• 2023-12-11 Pending — MRED as Distributed by MLS Grid
• 2023-11-10 Contingent — MRED as Distributed by MLS Grid
• 2023-10-26 Relisted — MRED as Distributed by MLS Grid
• 2023-10-24 Contingent — MRED as Distributed by MLS Grid
• 2023-10-19 Relisted — MRED as Distributed by MLS Grid
• 2023-10-12 Contingent — MRED as Distributed by MLS Grid
• 2023-10-06 Listed $105,000 MRED as Distributed by MLS Grid
• 2011-12-09 Sold (Public Records) $51,500 Public Records

Property tax history

+12.6%/yr

Latest (2024): $1,974 · +375.8% YoY. Source: county tax records.