Available Sites & Buildings
The City of Streator currently has several light and heavy manufacturing buildings available for purchase or lease, as well as several undeveloped sites on the south side of the city ideally located adjacent to water and natural gas feeder lines, and industrial sewer and electric lines. Most of these undeveloped sites can also be served by Class One railroad lines.
For more information on these properties, please contact the City Manager @ 815-672-2517 or email cm@ci.streator.il.us
Pictures and Video Links of Available Sites & Buildings:
(please click on pictures to view short video of site/building at YouTube.com)
Frontier Communications Telephone Building
120 N. Sterling St., Streator, IL 61364
Downtown Streator with 10,000 sq. ft. of Office/Retail space
Tax ID# 33-25-337-011 - Zoned CBD (Central Business District)
Streator Foods Building
212 Pratt St., Streator, IL 61364
West of Downtown Streator with 19,200 sq. ft. of Retail/Office space
Tax ID# 33-39-203-002 - Zoned C-3 (General Commercial)
Walmart Out Lots
2500 N. Bloomington St., Streator, IL 61364
North side of Streator with 10.5 acres of developable property adjacent to Walmart
on Illinois State Route 23
Tax ID# 33-13-308-001 - Zoned C-3 (General Commercial)
Johanneson Property
2400-2600 N. Bloomington St., Streator, IL 61364
North side of Streator with 140 acres of developable property west of Walmart
on Illinois State Route 23
Tax ID# 33-14-418-000 - Zoned AG (Agriculture)
Williams & IDI Industrial Park Properties
East of 1500-1600 S. Illinois St. adjacent to Vactor Manufacturing
Southeast side of Streator located in Livingston County with 2.95 acres of developable property
Tax ID# 01-01-202-003 - Zoned AG (Agriculture)
Thies Property
West of 1500-1600 Smith-Douglas Road East of Vactor Manufacturing
Southeast side of Streator located in Livingston County with 44.5 acres of developable property
Tax ID# 01-01-230-006 - Zoned AG (Agriculture)
Economic Development
Streator is committed to creating a business environment that encourages entrepreneurism, innovative start-ups, and is friendly to existing employers so they can all grow and thrive.
Streator has two industrial parks, a small business incubator, three tax increment financing districts, a large Enterprise Zone, a fast-track permitting and plan review process, and access to extremely high speed internet via the Illinois Fiber Resources Group.
Links from this website can also take visitors to:
1) An available properties listing
2) Small business start-up worksheet
3) Foreign Trade Zone benefits
4) Information about the city's Revolving Loan Fund (RLF)
5) Information about accessing local development and expansion capital
6) Streator Area sales and demographic data
7) Available Sites & Buildings
Streator knows that economic development is a community effort, and not the responsibility of any single office or entity. Streator has a diverse team of economic development partners who come together to meet the needs of new and existing business. These include:
1) City of Streator
a. Administers tax increment financing district incentives
b. Serves as administrator of the Streator Area Enterprise Zone
c. Administers a revolving loan fund to assist eligible businesses
d. Owns the Streator (small business) Incubator at 401 W. Bridge Street
2) Streator Area Chamber of Commerce
a. Streator Industrial Development, Inc. is a subsidiary of the Chamber and owns the remaining lots in a large full-service industrial park on the city's south side. It also developed the north side industrial park at Benchmark Dr.
b. Serves as the managing partner and fiscal agent for the Streator Incubator, LLC
3) Midland States Bank
4) Streator National Bank (a division of Ottawa National)
5) Streator Home Savings Bank
6) Streator Tourism Council
7) Greater Livingston County Economic Development Council
8) Starved Rock Country Alliance (Small Business Development Center)
Determining the right people to call to find out more about business, industrial and commercial assistance, or just a little coaching on how to take a business to the next level, can be confusing when there are so many players. So Streator has simplified the process. Either of the following two contact persons are ready to help take your call, respond to an email or review a development proposal. They can connect any inquiry to the right place, and mobilize assistance from any of the economic development team members listed below. Please call us soon:
Dave Plyman, City Manager
City of Streator
204 South Bloomington St.
Streator, IL 61364
815-672-2517
cm@ci.streator.il.us
Jack Dzuris, Executive Director
Streator Chamber of Commerce
320 East Main St.
Streator, IL 61364
815-672-2921
jadzuris@yahoo.com
Development Incentives
For New Construction, Expansion, Renovations, and Remodeling
Property Tax Abatements available for commercial or industrial real property located within the zone for projects which have a building permit and constitute new construction, renovation, or remodeling. Within Livingston and LaSalle Counties, certified projects shall be eligible for a four-year abatement of approximately 50% of the real property taxes attributed to the improvements.
Investment Tax Credit. Equal to 1/2 of 1% (.5) against state income tax for investment in "qualified" property (machinery, equipment, real property) placed in service within the zone.
Jobs Tax Credit. A $500 per employee tax credit on Illinois Income Tax for hiring employees who are certified as a dislocated worker or economically disadvantaged.
Sales Tax Exemption. Exemption of the 7.5% sales tax on building materials used for new construction.
To view a map of the Streator Enterprise Zone, click here.
For an Enterprise Zone application, click here.
Illinois Incentives and Financing
The Chamber partners with the Illinois Department of Commerce and Economic Opportunity to obtain and maximize incentives available through this and other state agencies. To learn how your company may qualify for low interest financing, tax and job credit incentives, as well as funding for employee training. Contact: Jack Dzuris at: 815-672-2921.
Fast Track Review and Processing
The City of Streator's Development Review Team will expedite and coordinate all issues related to: Planning and Zoning, Land Development, Building Code and Inspection, and Construction. For information, contact Jeremy Palm at 815-672-2517.
Helpful Links and Information
Summary Report 2011 Strategic Planning Workshop
2014 Comprehensive Plan
Streator Downtown Plan
LaSalle County Workforce
City of Streator - Profile
North Central Illinois Council of Governments
Streator Area Chamber of Commerce / IDI
TIF Districts & Information
Tax Increment Financing (TIF)
The City of Streator has created specific TIF areas to encourage redevelopment.
Map of current Streator TIF Districts
To view information about how a TIF functions or to download an application, click here.
Enterprise Zone
For New Construction, Expansion, Renovations, and Remodeling
Property Tax Abatements available for commercial or industrial real property located within the zone for projects which have a building permit and constitute new construction, renovation, or remodeling. Within Livingston and LaSalle Counties, certified projects shall be eligible for a four-year abatement of approximately 50% of the real property taxes attributed to the improvements.
Investment Tax Credit. Equal to 1/2 of 1% (.5) against state income tax for investment in "qualified" property (machinery, equipment, real property) placed in service within the zone.
Jobs Tax Credit. A $500 per employee tax credit on Illinois Income Tax for hiring employees who are certified as a dislocated worker or economically disadvantaged.
Sales Tax Exemption. Exemption of the 7.5% sales tax on building materials used for new construction.
To view a map of the Streator Enterprise Zone, click here.
For an Enterprise Zone application, click here.
Streator Downtown Building Facade Renovation and Replacement, Grant and Loan Program
START
Industrial Parks
Small Business Assistance
