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Listed by Mark Raubeof Eppel Realty
$ 209,900
Est. payment /mo
Price Dropped by $10K
203 W Madison Street Pontiac, IL 61764
4,320 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,320 sqft
Price per Sqft $48
MLS Listing ID 12589327
Year Built 1906
Annual Tax Amount $5,633
Tax Year 2024
Lot Dimensions 40 X 60.87
Property Sub-Type Mixed Use
Property Description
Prime investment opportunity in the heart of downtown Pontiac! This mixed-use commercial building offers the perfect blend of steady income and long-term potential. The main level features two storefronts, each approximately 1,000 square feet. One is currently home to a boutique, while the second will be occupied soon-both units fully leased as of April 1, providing immediate rental income. Upstairs, you'll find a spacious 2,000 square foot apartment with 2 bedrooms and 2 bathrooms. With its generous layout and prime downtown location, the residential unit adds even more value and income potential to this already strong investment. Whether you're looking to expand your portfolio or step into a turnkey property with established tenants, this building is a rare find in a vibrant downtown district.
Location
State IL
County Livingston
Zoning COMMR
Interior
Cooling Central Air, Window Unit(s)
Fireplace N
Exterior
View Y/N true
Building
Foundation Brick/Mortar
Structure Type Brick,Glass
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