314 S Monroe St, Streator, IL, 61364

About This Home

*Motivated seller willing to consider closing cost assistance, rate buy-down options, repair credits, and/or a home warranty with an acceptable offer.* Great opportunity for FHA 203k financing, investors, or buyers looking to build equity with over 3,500 sq ft at a strong price per square foot. Welcome to one of Streator's most storied addresses. The historic Barr-Norris Home, a commanding 1905 Victorian brick residence, is finally on the market - and the heavy lifting is already done. Step inside and you're met with natural wood throughout - original millwork and Victorian-era craftsmanship that simply isn't replicated in new construction. This home has the bones investors dream about and the warmth owner-occupants fall for. At 3,500 sq ft with 6 bedrooms and 3 full baths, the major systems have been fully updated: new roof, complete HVAC system including furnace, central A/C, all-new ductwork & smart thermostat, updated plumbing, new electric meter, partial electrical updates, kitchen updates, soffit/fascia, drywall, and full attic & wall insulation. What remains is primarily cosmetic - exactly the kind of work that positions a buyer to pursue meaningful upside through their own improvements. Whether you're an investor calculating your ARV, a 203(k) buyer ready to renovate and move in, or a savvy homeowner who wants to put their own stamp on a property with strong bones - 314 S Monroe St is your play.